This ranking is posted in the seventh edition of the e-Conomy SEA report by Google, Temasek & Bain and Company, themed ‘Through the Waves, Towards a Sea of Opportunity’.
Accordingly, digital financial services continue to increase significantly in Vietnam, the fastest being the digital loaning sector with its compound annual growth rate (CAGR) of 114 percent. The investment sector is expected to witness the most impressive leap in 2025 with a CAGR of over 106 percent.
Vice President Stephanie of Google Asia – Pacific Ocean, responsible for the Southeast Asian region, said that Vietnam is leading the ranking this year with its fastest growing digital economy. Its e-commerce sector is enjoying the speediest growth rate. Its GMV is gradually increasing to the estimated amount of $50 billion in 2025.