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Search Results: 224 results for keyword "digital economy".
Tax tweak deemed essential to shield digital economy
09-12-2020 15:00
Commercial banks are being required to provide information of taxpayers’ payment bank accounts and transactions to the tax department, as Vietnamese authorities aim to create a level playing field in an open digital economy.
Vietnam stands to benefit from new OECD tax rules
05-12-2020 11:48
On October 12, the Organisation for Economic Co-operation and Development (OECD) in cooperation with the G20 released their much-awaited blueprint for taxing the digital economy. This blueprint proposes changes to existing international tax rules to allow countries like Vietnam to tax the business profits of multinational enterprises who do not have a physical presence in Vietnam.
Vietnam’s digital economy to reach 14 billion USD this year
20-11-2020 17:14
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, according to a report from Google, Temasek and Bain & Company.
The significance of the ASEAN digital economy in a post-pandemic world
17-11-2020 15:05
The Brunei government, as it takes over ASEAN Chairmanship from Vietnam in 2021, faces the daunting task of uniting members in addressing the biggest challenges of this generation. Driving the region’s economic recovery post-pandemic must undoubtedly be at the top of the economic bloc’s agenda.
EVFTA to spur Vietnam’s digital transformation
05-11-2020 15:57
With great advantages and potential, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to spur the digital economy and digital transformation in Vietnam.
Visa study uncovers untapped opportunity for smartphone payments in Asia-Pacific
01-11-2020 10:07
As consumers and businesses across the Asia-Pacific increasingly turn to digital payments during the COVID-19 pandemic, Visa has accelerated the availability of tap to phone solutions in Vietnam in order to bring more micro and small businesses into the digital economy. Tap to phone enables sellers to accept Visa contactless payments directly on their own Android NFC-enabled smartphones, without the need for a separate payment acceptance terminal.
Vietnam aims for 100,000 digital technology companies by 2030
24-08-2020 15:50
Hanoi - Vietnam hopes to develop 100,000 digital technology companies by 2030 which will contribute 20 per cent to the country’s gross domestic product (GDP).
Security leaders in urgent need to reformulate cyber strategies
24-08-2020 09:54
Businesses aspire to reap the benefits of the digital age. Going digital is not just a trend; it has become an integral part of the digital economy. In this increasingly digitised world, one could say that data is the new currency. And digital trust – the level of confidence in people, processes, and technology – is the backbone of the digital economy.
Policy priorities for a digital ASEAN
22-08-2020 08:00
Improving digital connectivity is key for Southeast Asia to grab the best results from its potential in the digital economy. Lurong Chen, senior economist and Lydia Ruddy, director of communications in Jakarta for the Economic Research Institute for ASEAN and East Asia, outline some suggestions related to policy to advance the ASEAN digital transformation.
Pushing up advanced solutions by bridging the digital divide
30-07-2020 08:20
As both Industry 4.0 and the coronavirus pandemic make their mark on the world in wildly different ways, there has become a need for government, localities, and enterprises in Vietnam to accelerate the application of digital solutions. Jeff Paine, managing director of the Asia Internet Coalition, writes about chances for enterprises to apply such solutions, and how a digital economy can help the country achieve sustainable economic growth.
JCB, Shopee unveil Southeast Asia collaboration
27-07-2020 08:54
E-commerce platform Shopee has announced a tie-up with JCB International Company Ltd (JCBI) that will offer online merchants and shoppers enhanced payment options.
Government report-information system to be launched next month
10-07-2020 12:01
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.
Mastercard study: Digital habits on the rise in Southeast Asia as new normal approaches
24-06-2020 15:20
The COVID-19 pandemic has driven momentum towards the digital economy in Southeast Asia by necessitating the rapid adoption of e-commerce, home delivery, as well as digital and contactless payments, according to the latest Mastercard Impact Studies.
Country to go digital through decade of all-purpose action
21-06-2020 11:00
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.
Hanoi strives to untie "knots" faced by businesses
17-04-2020 08:00
Secretary of the Hanoi Municipal Party Committee Vuong Dinh Hue has said that the city is willing to listen to enterprises’ feedback to untie “knots” regarding policies, site clearance and planning adjustments, as public and private investment is an economic lifesaver of the city's economy.
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