Vietnam's digital economy is growing at the fastest pace in Southeast Asia with gross merchandise value (GMV) expected to increase by 28%, from 18 billion USD in 2021 to 23 billion USD. There has been 26% growth of e-commerce over the same period in 2021, according to the "e-Conomy SEA 2022" report.
Indonesian Minister of Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki on October 6 stated that his government is preparing a policy to expedite the growth of digital economy in Indonesia.
The Indonesian government has set a target that the country's digital economic growth may account for around 40 percent of the digital economy market in ASEAN by 2025.
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.
Nearly 300 Vietnamese and foreign experts gathered in a conference in Hanoi on May 2 to seek ways to complete institutions and fundamental conditions for the development of digital economy in Vietnam.