It will grow at 31% followed by the Philippines with 20% and Indonesia with 19%, according to e-Conomy SEA 2022.

A woman makes online purchases with a credit card.

Vietnam’s digital gross merchandise volume is likely to reach US$23 billion this year, third highest in the region behind Indonesia’s $77 billion and Thailand’s $33 billion.

But with the rapid growth projected, it is expected to double by 2025 to $49 billion.

The main contributors to Vietnam’s digital economy this year are e-commerce ($14 billion) online media ($4.3 billion) and transport and food ($3 billion).

Vietnam’s high-quality workforce in the technology sector and the increasing penetration of digital services in urban and rural areas promise a strong foundation for the digital growth of the country, Stephanie Davis, vice president of Google Southeast Asia, said.

Vietnam is likely to attract the most investors in the 2025-30 period, according to a survey of venture capital investors in the third quarter by Bain & Company, with 83% of them expecting an increase in deal activity compared to now.

In a report earlier Meta said eight out of 10 of Vietnamese are digital consumers.

Vietnam is also among the top countries in future technology adoption such as fintech and metaverse.

Virtual reality adoption in Vietnam is 29%, the highest in Southeast Asia, it said.

Users of Vietnamese digital platform surge 23.5% in August

Vietnamese’s use of domestic digital platforms recorded a year-on-year rise of 23.5% in August, with 494 million users.

Bac Giang province moves to improve young people’s digital skills

In the time ahead, the northern province of Bac Giang will maximise the core role of the Ho Chi Minh Communist Youth Union (HCYU) chapters at different levels to promote digital transformation and the implementation of a plan on improving local youths’ digital skills, according to the provincial HCYU Committee.

Vietnam ranks 63rd in Global Index of Digital Entrepreneurship Systems

Vietnam is ranked 63rd out of 113 economies in the Global Index of Digital Entrepreneurship Systems (GIDES), a new index developed by the ADB to rate the national environment for digital entrepreneurship.

Promoting travel experiences in digital space

Thanks to the support from digital technology, the tourism development provided the most convenient services to satisfy tourists.

Digitalization of fruit production area widens chance to export farm produce

(BGO) – Granting growing area code (GRC) in associated with digitalizing production and consumption steps are key solutions launched by the agriculture sector to specify the Project “Supporting sustainable fruit production in Bac Giang province during 2021 – 2025 period”. With identification, many products have stable market and reach further.   

Source: VnExpress