Vietnam forecast to be fastest growing digital economy in South-east Asia: report

E-commerce, one of the main contributors to Vietnam's digital economy, is forecast to grow 22 per cent to reach US$24 billion in 2025. - VNA/VNS

HANOI (Xinhua): Vietnam will remain the South-east Asian region's fastest-growing digital economy between 2023 and 2025, Vietnam News Agency reported Wednesday (Nov 8), citing the latest regional digital economy report by Google, Temasek and Bain & Company.

According to the 8th edition of the e-Conomy SEA Report, Vietnam's digital economy will grow at 20 per cent in two years, the same level as the Philippines, and followed by Thailand, Indonesia, Malaysia and Singapore.