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Vietnam’s IT industry catches foreign investors’ attention

The Hanoitimes – From growing e-commerce, online gaming, travel booking, and offline-to-online platforms such as ride-hailing and food delivery, Vietnam’s digital economy continues to thrive, with its gross merchandise value being 4% of the country’s GDP. Positive outlook created by the Vietnamese Government’s strategic plans on developing a digital economy is boosting foreign investors’ appetite for […]

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Philippines: Bank deposit growth slows to 5.8%

MANILA, Philippines — The increase in bank deposits eased further, growing by only 5.8 percent as of end-June as depositors opted to park their excess funds in high-yielding instruments such as government securities. Data from the state-run Philippine Deposit Insurance Corp. (PDIC) showed total bank deposits reached P12.84 trillion from January to June, P705 billion […]

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