six strategies for digital growth in southeast asia

Six strategies for digital growth in Southeast Asia

The digital economy is booming in Southeast Asia. With 350 million digital consumers, the region is set to leapfrog China, outpacing that country at a 1.6x growth rate and becoming the fastest-growing digital economy in Asia-Pacific. According to research conducted by Bain & Company and Meta, 78 per cent of consumers in Southeast Asia are now digital consumers.
digitalisation placed on asean agenda

Digitalisation placed on ASEAN agenda

With the entire ASEAN just agreeing upon upgrading trade, investment, and digital cooperation as one of the key pillars for boosting intra-bloc ties, Vietnam is offering many opportunities to further develop its digital economy, facilitating economic activities.
hcm city economic forum to take place next month

HCM City Economic Forum to take place next month

The Ho Chi Minh City Economic Forum 2022 will take place from April 14-16 under the theme of “Digital economy: Driving force for growth and development of Ho Chi Minh City in future”.
bridging singapore and vietnams digital cooperation

Bridging Singapore and Vietnam’s digital cooperation

The digital economy in Southeast Asia is at an inflection point. The number of new digital consumers added in just one year in 2020 in the Philippines, Singapore, Malaysia, Indonesia, Thailand, and Vietnam is equivalent to the entire population of the United Kingdom.
meta accompanies vietnam in its digital transformation

Meta accompanies Vietnam in its digital transformation

The digital economy accounts for more than 8 per cent of the country’s GDP, and tech giants like Meta continue to play a crucial role in the country’s digital acceleration. Rafael Frankel, director for Public Policy for South and Southeast Asia, Meta, talked with VIR’s Linh Le about Meta’s recent talks with the government and the country’s digital development.
aligned policy to propel digital growth

Aligned policy to propel digital growth

New proposed policies related to the digital economy are expected to create ample room for both local and foreign investors to pour into high-technology and innovative sectors, as well as contribute to the economic recovery.
vietnam and singapore strengthen ties in digital economy development

Vietnam and Singapore strengthen ties in digital economy development

Vietnam and Singapore will strengthen cooperation in the development of their digital economies in the upcoming time following an MoU signed on February 25.
visa vnpay join hands to speed up digital payments in vietnam

Visa, VNPAY join hands to speed up digital payments in Vietnam

Visa, the world’s leader in digital payments, and VNPAY, Vietnam’s prominent fintech company, inked a strategic partnership to enhance the digital payments experience in Vietnam during a ceremony held in Hanoi on February 23.
abundant room for cooperation and investment in digital economy

Abundant room for cooperation and investment in digital economy

Businesses and government representatives agreed at the Vietnam Business Forum (VBF) on February 18 that there's is ample room for cooperation and investment in the digital economy, requiring thorough preparation by all stakeholders.
nation thinking big with digital overhaul

Nation thinking big with digital overhaul

As a fundamental part of its Socioeconomic Development Plan until 2025, Vietnam is set to boost digital transformation and foster a digital economy in the service of individuals and businesses, with a new hallmark scheme on supporting industrial enterprises in smart production development.
utilising modern tech for new digital infrastructure

Utilising modern tech for new digital infrastructure

The development of Industry 4.0 and digital transformation is creating plenty of chances for Vietnam’s economic recovery. Nguyen Hoa Cuong, deputy director at the Central Institute for Economic Management, told VIR’s Nguyen Huong about the role of the digital economy in this journey.
driving digital transformation of vietnam with 5g

Driving digital transformation of Vietnam with 5G

Vietnam is accelerating digital transformation across industries with an aim to develop a digital economy. Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia and Laos, talks about the company’s role in driving this transformation of Vietnam with 4G and 5G.
from perception to action for women

From perception to action for women

The global economy is changing with the Fourth Industrial Revolution –presenting great opportunities and challenges for women entrepreneurs and women-owned enterprises in accessing and entering the digital economy.
cmc holdings secures a 15 million investment

CMC Holdings secures a $1.5-million investment

CMC Holdings has successfully raised $1.5 million in a co-founder round to develop the digital economy ecosystem.
venture capital for vietnams startups reached 21 billion in 2021

Venture capital for Vietnam's startups reached $2.1 billion in 2021

Vietnam's startup scene is blossoming, securing a total sum of $2.1 billion in venture capital last year. The country's digital economy also hit $21 billion in 2021.