digital economy

Update news digital economy

Digital economy predicted to reach $43 billion by 2025

Vietnam’s digital economy is expected to reach $43 billion by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company.

Digital transformation gives boost to development

Vietnam's digital economic outlook has been seeded on a fertile and potential land with a high rate of Internet usage and a developing technological infrastructure.

Environment ministry moves from passive to proactive role in handling environmental issues

The Ministry of Natural Resources and Environment has changed from a passive to a proactive role in handling environmental issues over the last several years, 

Local specialties reach global market on e-commerce sites

Displaying local specialties on e-commerce platforms has proven to be the quickest way to increase the value of Vietnam’s farm produce and introduce it to international customers.

Ensuring information security for cloud computing a key national goal

The Ministry of Information and Communications has determined that the cloud computing platform is a key part of telecommunications infrastructure to focus on in the coming years.

Vietnam sets high GDP target in 2021 to make breakthroughs

Pressure from high GDP target in 2021 is expected to help the Vietnamese government to create breakthroughs for growth in subsequent years.

Livestream industry: a way out for Vietnam's digital economy

The combination of livestreams and e-commerce could create an industry worth tens of billions of US dollars. This promises to be a very important element in the development of the digital economy.

China-ASEAN Expo opens, featuring digital economy, RCEP

The 17th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked off on Friday, highlighting booming digital economy cooperation and the implementation of a recently signed major trade pact.

Vietnam’s digital economy to reach $14 billion this year

Vietnam’s digital economy is expected to reach 14 billion USD in 2020, a year-on-year increase of 16 percent, and will likely reach 52 billion USD in 2025, re-accelerating to nearly 29 percent in compound annual growth rate.

Vietnamese digital economy expected to jump to US$43 billion by 2025

The nation’s digital economy hit US$12 billion in 2019, with the sector anticipated to record rapid growth in the coming years to reach a figure of US$43 billion by 2025.

Old-tech 2G network must be shut down to promote digital economy

Le Thanh Hoa from the Market Licensing Division of the Vietnam Telecommunications Authority said that deciding to shut down old-tech waveband is a burning issue right now.

Digital economy and fintech see growth amid COVID-19

The Prime Minister’s Economic Advisory Group met with the local fintech firm MoMo in HCM City on Monday.

Tax management needs realistic solutions

The 2020 white book on e-commerce released last month by the Department of e-Commerce and Digital Economy under the Ministry of Industry and Trade provides some legal updates relevant to e-commerce, the focus of which is the 2019 Tax Management Law

Government report-information system to be launched next month

A government report information system will be launched on August 15, heard a meeting chaired by Minister and Chairman of the Government’s Office Mai Tien Dung and held in Hanoi on July 8.

Vietnam to go digital through decade of all-purpose action

Vietnam has made a new policy move in its journey to transform itself into a digital economy and improve its legal framework, much to the appreciation of investors and businesses.

Working group established to promote foreign investment in Vietnam

A working group has just been founded under the Prime Minister’s decision to promote foreign investment in Vietnam.

Banking transactions, mobile payments grow sharply in Vietnam in first four months

Non-cash payments continue to boom in Vietnam this year as the country has seen a surge in banking transactions and mobile payments in the first four months of the year, according to an official from the State Bank of Vietnam (SBV).

Programme to train 100 e-Government experts opens

The Department of Computerisation under the Ministry of Information and Communications held the opening ceremony of a programme to train 100 e-Government experts in Hanoi on June 11.

First “Facebook for Vietnam” campaign launched

Facebook, in partnership with the US Mission to Vietnam and partners, launched a campaign entitled “Facebook for Vietnam” to celebrate the 25th anniversary of Vietnam - US relations on May 24.

Digital economy expected to add 30% to GDP by 2030

The country wants to raise the digital economy’s contribution to gross domestic product (GDP) to 20 per cent by 2025 and 30 per cent by 2030.