Vietnam’s digital economy is the fastest growing in Southeast Asia, with expected gross merchandise value growth rate of 28 percent, from US$18 billion in 2021 to US$23 billion this year, according to the report of Google, Temasek and Bain & Company. The major driving force for Vietnam’s digital economy growth is e-commerce, with a 26 […]
Read MoreAt least three foreign automobile manufacturers in the last year have chosen Vietnam as a potential market to seek investment opportunities and use it as a springboard to export cars to regional countries. According to the ASEAN Automotive Federation (AAF), 201,840 cars were bought from January to July. With the figure, Vietnam ranks fourth in […]
Read MoreDanang is seeing the return of hundreds of international commercial flights operated by 24 international and three domestic airlines between October 30, 2022 and March, 2023. According to the Danang International Terminal Investment and Operation Joint Stock Company (AHT), most flights from the Asian market are scheduled daily and every other day. This time, Danang […]
Read MoreThe total FDI disbursement in Vietnam this year is projected to hit $21-22 billion, up 6.4-11.5% year on year. The disbursement of foreign direct investment (FDI) in Vietnam during the ten months rose by 15% year on year to US$17.45 billion. “This brings real FDI to about $21-22 billion this year, up 6.4-11.5% year-on-year,” according to […]
Read MoreThe International Monetary Fund (IMF) expects higher food and energy prices to have similar impacts on relative poverty in Cambodia and Vietnam. In its outlook for Asia and the Pacific released in Singapore last week, the IMF also said that the consequences for vulnerable Cambodian and Vietnamese households were likely to be about five times […]
Read MoreHanoi’s digital economy aims to account for 30% of the regional gross domestic product by 2030, according to the Hanoi Digital Transformation to 2025 and Vision to 2030. Vietnam is the fastest-growing digital economy in Southeast Asia in 2022, with projected gross merchandise value to grow by 28% to US$23 billion, thanks to the growing […]
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