Recently, the digital economy has grown strongly in Southeast Asia, especially in Vietnam, three times faster than the GDP growth rates of regional countries. The digital economy has fueled economic growth in Southeast Asia amidst global economic uncertainties. The digital economy is a new concept, so standardized methods for measuring and calculating it are not yet available globally. According to the Handbook on Measuring Digital Economy by the United Nations Conference on Trade and Development (UNCTAD), three different levels must be distinguished: the core digital economy, which includes products and services of information and communication technology (ICT); the digital economy, which consists of the core digital economy plus transactions conducted via and based on online platforms (some organizations only consider transactions via and based on online platforms); and finally, the digitalized economy — the application of digital techniques and tools to economic, social, and political activities to enhance their efficiency. The digital economy is currently considered by some consulting and marketing firms to encompass six sectors: e-commerce (wholesale and retail on digital platforms), transport (such as ride-hailing services), food delivery, online travel services (booking/purchasing flights, hotels, and tours), online media services (advertising, gaming, music, or video streaming), and financial services […]
Recently, the digital economy has grown strongly in Southeast Asia, especially in Vietnam, three times faster than the GDP growth rates of regional countries. The digital economy has fueled economic growth in Southeast Asia amidst global economic uncertainties. The digital economy is a new concept, so standardized methods for measuring and calculating it are not yet available globally. According to the Handbook on Measuring Digital Economy by the United Nations Conference on Trade and Development (UNCTAD), three different levels must be distinguished: the core digital economy, which includes products and services of information and communication technology (ICT); the digital economy, which consists of the core digital economy plus transactions conducted via and based on online platforms (some organizations only consider transactions via and based on online platforms); and finally, the digitalized economy — the application of digital techniques and tools to economic, social, and political activities to enhance their efficiency. The digital economy is currently considered by some consulting and marketing firms to encompass six sectors: e-commerce (wholesale and retail on digital platforms), transport (such as ride-hailing services), food delivery, online travel services (booking/purchasing flights, hotels, and tours), online media services (advertising, gaming, music, or video streaming), and financial services […]
Recently, the digital economy has grown strongly in Southeast Asia, especially in Vietnam, three times faster than the GDP growth rates of regional countries. The digital economy has fueled economic growth in Southeast Asia amidst global economic uncertainties. The digital economy is a new concept, so standardized methods for measuring and calculating it are not yet available globally. According to the Handbook on Measuring Digital Economy by the United Nations Conference on Trade and Development (UNCTAD), three different levels must be distinguished: the core digital economy, which includes products and services of information and communication technology (ICT); the digital economy, which consists of the core digital economy plus transactions conducted via and based on online platforms (some organizations only consider transactions via and based on online platforms); and finally, the digitalized economy — the application of digital techniques and tools to economic, social, and political activities to enhance their efficiency. The digital economy is currently considered by some consulting and marketing firms to encompass six sectors: e-commerce (wholesale and retail on digital platforms), transport (such as ride-hailing services), food delivery, online travel services (booking/purchasing flights, hotels, and tours), online media services (advertising, gaming, music, or video streaming), and financial services […]
HCMC – Vietnam’s e-commerce market continued its rapid growth last year, with daily online spending exceeding VND870 billion, according to a report by data...
HCMC – Vietnam is preparing to mandate that e-commerce platforms, including foreign operators, pay taxes on behalf of sellers under the proposed amendments to...
HCMC – Thai-invested tech firm KBTG Vietnam, in partnership with Techsauce, organized the Techsauce Global Summit 2024 in Ho Chi Minh City today, October...
HCMC - Vietnam and Thailand have emerged as the fastest-growing e-commerce markets in Southeast Asia, according to a recent report by OpenGov Asia.
In 2023,...
HCMC - Business-to-consumer sales in the e-commerce sector this year are projected to grow by almost 40% year-on-year to VND650 trillion (US$28.1 billion), according...