Vietnam’s digital economy grows fastest in ASEAN
(VOVWORLD) -Vietnam and Indonesia lead ASEAN in digital economic growth, reaching an average annual growth of 38%, while the remaining countries in the bloc see annual growth of between 20% and 30%, according to data released at an e-commerce seminar in Hanoi on Wednesday.
At the seminar themed "Vietnam's e-commerce development in the digital era," participants proposed solutions aimed at developing e-commerce across a variety of areas pertaining to social life and business activities.
They said the accelerated voluntary digital transformation of businesses as a result of the COVID-19 pandemic has served to further speed up the movement of customers towards e-commerce activities in the nation.
Nguyen Thi Minh Huyen, deputy director of the Department of E-Commerce and Digital Economy under the Ministry of Industry and Trade, said: “E-commerce has become one of important, modern distribution channels in addition to traditional one. The Prime Minister's Decision has outlined a vision by 2025, in which the digital economy accounts for 20% of GDP and e-commerce is one of the important components for the 35 billion USD target of total retail e-commerce of goods and services nationwide by 2025.”