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Vietnam takes the lead and set to post a 31% growth in gross merchandise value (GMV) from 23 billion USD in 2022 to 49 billion USD in 2025, according to the latest "e-economy SEA 2022" report released by Google, Temasek and Bain & Company.

Vietnam takes the lead and set to post a 31% growth in gross merchandise value (GMV) from 23 billion USD in 2022 to 49 billion USD in 2025, according to the "e-Conomy SEA 2022" report released by Google, Temasek and Bain & Company on October 27.

Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that are looking for bigger returns and turning away from regulatory turmoil in Chinese markets, even at the risk of slower growth, reported Reuters news agency.

Vietnam's B2C retail e-commerce revenue this year is estimated at 16.4 billion USD, marking the first year to reach this landmark, reported the Vietnam E-Commerce White Book 2022.

Vietnam’s internet economy was valued at about 21 billion USD in 2021, contributing to 5 percent of GDP and rising seven-fold from 2015.

The acceleration of digital transformation in Indonesia can be driven through four main sectors, namely digital infrastructure, digital government, digital economy, and digital society, according to the Ministry of Communication and Informatics.

The goal for the digital economy to account for 20 percent of GDP by 2025 is very challenging.

The Vietnamese internet economy could reach 220 billion USD in Gross Merchandise Volume (GMV) by 2030, ranking second in Southeast Asia after Indonesia, according to the e-Conomy SEA 2021 Report recently published by Temasek, Google and management consulting firm Bain & Company.

Thailand's internet economy is expected to be worth 30 billion USD in 2021, up 51 percent year-on-year, buoyed by a surge in e-commerce, according to the latest e-Conomy SEA 2021 report, which is an annual study jointly commissioned by Google, Bain & Company and Temasek.

The Vietnamese digital economy will see a growth rate of 31 percent this year over the same period last year, reaching 21 billion USD.

Vietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company.

Vietnam’s digital economy is expected to reach 43 billion USD by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company.

Vietnam is jubilantly enjoying “the wheel of globalisation,” said Trinh Minh Anh, Chief of Office at the National Steering Committee on International Integration in Economy.

Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from July as part of efforts to boost revenue amid the coronavirus pandemic, according to a tax official of the country.

Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.

Cashless payment would not only increase the circulation of capital but also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.

Vietnam’s startup ecosystem could develop strongly over the next five years with venture capital and government assistance, Eddie Thai, general partner of the venture capital firm 500 Startups Vietnam, said at a Startup Viet Summit held on December 2 in HCM City.

Indonesia’s digital economy is forecast to reach 40 billion USD by the end of the year, according to the e-Conomy Southeast Asia (SEA) 2019 report compiled by Google, Temasek and Bain & Company.

The Southeast Asian internet economy has expanded by 39 percent this year to hit 100 billion USD for the first time, according to a recent report by Google, Temasek and new partner Bain & Company.

Southeast Asia’s internet economy is forecast to reach 300 billion USD by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said on October 3.