Vietnam and 5 other Asean digital economies to hit US$300 billion by 2025: report


Vietnam's e-commerce is expected to grow by 63 per cent to $62 billion in 2020 and is poised to hit $172 billion in 2025.— Photo doanhnhansaigon.vn

HCM CITY, Nov 20 (Vietnam News/ANN) — Southeast Asia’s digital economy remains resilient at $100 billion in gross merchandise value (GMV) despite headwinds and is on track to cross $300 billion in GMV by 2025, according to a report from Google, Temasek and Bain & Company.

Indonesia and Việt Nam continued to grow at double-digit rates, and Singapore remains a regional enabler for growth, despite short term GMV decline due to the online travel sector.

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