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 […]
In today’s competitive business environment, digital transformation and the integration of AI tools tailored to specific business needs are critical for achieving sales targets.
“Focus...
HCMC - Vietnam’s Government has announced new financial incentives for businesses investing in semiconductor and artificial intelligence (AI) research and development (R&D).
Under Decree 182,...
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The contentious U.S.-China trade relationship is gradually turning into a technological confrontation. Vietnam is seen as one of the countries to receive a wave...
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AI approach
Big...
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HCMC – Tax authorities will launch an artificial intelligence (AI) tool next week to monitor revenue and sales on e-commerce platforms, particularly targeting cross-border...
HCMC – Vietnam's FPT Corporation and the National University of Singapore (NUS)'s School of Computing have announced a five-year, US$50-million partnership aimed at advancing...