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Online shopping in Vietnam to soar by year-end

Online shopping in Vietnam is expected to increase sharply near the end of the year.  Many people associate this with the so-called ‘revenge shopping’ which refers to people actively spending after a long time sitting at home avoiding the epidemic. However, Steven Tuan Nguyen, Criteo’s Senior Director in Southeast Asia, said the trend of “revenge […]

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Philippines: Debt payments rise 15%

MANILA, Philippines — The government has spent more for debt service in nine months this year than it did for the whole of last year due to increases in both interest payments and amortization. According to the Bureau of the Treasury, debt payments in the nine months to September grew 15 percent to P963.86 billion […]

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Thailand: Trillion baht online economy in sight

Thailand’s internet economy is expected to be worth US$30 billion (around 984 billion baht) in 2021, up 51% year-on-year, buoyed by a surge in e-commerce, according to the latest e-Conomy SEA 2021 report. The annual study of Southeast Asia’s internet economy is jointly commissioned by Google, Bain & Company and Temasek. The study forecasts Thailand’s […]

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