A digital economy is an inevitable step for development, said Nguyen Thanh Hung, Deputy Minister of Information and Communications at the 2016 Internet Day event in Hanoi.
Southeast Asia’s internet economy is estimated to reach 50 billion USD in 2017, according to a report released by Temasek of Singapore and Google of the US on December 12.
The World Economic Forum on ASEAN (WEF ASEAN), slated for September 11-13 in Hanoi, will offer a chance for countries to share experience in utilising opportunities and addressing challenges generated by the fourth Industrial Revolution.
Economic ministers from the Association of Southeast Asian Nations (ASEAN) on November 12 signed an agreement to facilitate cross-border e-commerce transactions within the region.
The Vietnamese internet economy has almost tripled in three years to reach 9 billion USD in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed.