Viet Nam is working on a project of national digital transformation which will position itself as a leading digital economy of ASEAN by 2030. — Photo dautuchungkhoan.vn A few days ago, ride-hailing firm Grab unveiled an ambitious plan to invest US$500 million in Viet Nam over the next five years, just a month after it announced an investment of $2 billion into Indonesia. Grab’s investment decisions are manifestations of the potential development of the digital economies of the two ASEAN countries which have “similar characteristics” as stated by Grab’s president. These two nations are seen as holding the most promise due to their youthful, internet-savvy population and emerging middle-class. Vo Tri Thanh Indonesia is set to become Southeast Asia’s largest digital economy over the next few years while Viet Nam is also working on a project of national digital transformation which will position itself as a leading digital economy of ASEAN by 2030. The project is scheduled to be submitted to the Government for approval in November this year. The signs of digital transformation are not only evident in Indonesia and Viet Nam. Other countries in the ASEAN region have already embraced this digital revolution. On a national scale, Malaysia… Read full this story
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