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.

Vietnam’s internet economy will soon have the scale of $43 billion, and new technology unicorns are expected to appear in the country, according to Do Ventures, a venture fund targeting startups in Vietnam and Southeast Asia.

Vietnam’s internet economy has advanced by 39% annually since 2015 and is currently the second fastest-growing in Asia, with 68 million internet users in the country in 2020 and the figure is expected to reach 75.7 million by 2023,

Vietnam’s startup ecosystem could develop strongly over the next five years with venture capital and government assistance, Eddie Thai, general partner of the venture capital firm 500 Startups Vietnam.

 VietNamNet Bridge – Total turnover of Vietnam’s internet economy’s is scheduled to soar to VND100 trillion by 2018 from the VND20.4 trillion in 2013.

 VietNamNet Bridge – The revenues ISP gained in 2012 was less than VND15 trillion, a surprisingly low and “thought-provoking figure” as described by a senior official from the Ministry of Information and Communication.