ASEAN’s digital consumers rises 20% since outset of COVID-19

Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh delivers his opening remarks at the 8th ASEAN Economic Community Dialogue, themed “Promoting the Growth of the Digital Start-Up Ecosystem in ASEAN”, in Jakarta on October 5. (Photo: VNA)The number of digital consumers in ASEAN has risen by nearly 20% to more than 316 million since the outset of the COVID-19 pandemic, according to Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh.Singh made the statement while delivering his opening remarks at the 8th ASEAN Economic Community Dialogue, themed “Promoting the Growth of the Digital Start-Up Ecosystem in ASEAN”, held in Jakarta on October 5.He said ASEAN’s economic growth is projected to be around 5% this year and 5.3% next year, much higher than the global average. It was estimated that the digital economy will contribute 363 billion USD to ASEAN’s GDP by 2025, he added.E-commerce remains an area of interest to both ASEAN and non-ASEAN investors, he said, noting that e-commerce revenue is expected to reach 140 billion USD in 2022 and enjoy an average growth of 15% annually until 2025.He highlighted the importance of fintech in the digital economy, saying the sector will record robust growth with regional digital transactions predicted to total 195 billion USD this year.The official also described digital start-ups as the key to ASEAN’s economic recovery and a catalyst to regional economic growth, saying the ASEAN Digital Masterplan 2025 views the growth of digital start-ups as a high priority.He moved on to share several ASEAN initiatives to support digital start-ups, including an ASEAN customs mechanism for e-commerce, the adoption of digital identification for ASEAN businesses, and an effort to develop a regional legal framework facilitating paperless trade.The 8th ASEAN Economic Community Dialogue featured two sessions – “Unlocking ASEAN’s Entrepreneurial Potential” and “Shaping ASEAN Digital Start-Up’s Growth for Good” – with notable speakers sharing their perspectives on how the digital start-up ecosystem in the region can be enhanced for economic growth in an equitable, inclusive, sustainable manner./.

October 06, 2022 00:12 UTC


More former officials arrested over repatriation flights bribery scandal

A flight to repatriate Vietnamese citizens (Photo: VNA) A flight to repatriate Vietnamese citizens (Photo: VNA)- Three more people, including two former diplomatic officials, have been arrested for their involvement in a bribery case at the Ministry of Foreign Affairs' Consular Department, Lieut. Gen. To An Xo , Chief of the Office and Spokesperson of the Ministry of Public Security, said on October 4.Xo said that legal proceedings have been launched against Nguyen Hong Ha, born 1964, a former official at the Vietnamese Consulate General in Osaka, Japan, on the charge of "taking bribes" in line with Article 354 of the Penal Code, and Nguyen Le Ngoc Anh, born 1988, a former official of the Vietnamese Embassy in Malaysia, for "abusing position and power while performing duties" under Article 356 of the Penal Code.The third one is Hoang Anh Kiem, born in 1978, who is accused of "giving bribes" following Article 365 of the Penal Code. Their private homes were also raided, Xo said.It is the latest move by the Ministry of Public Security’s Investigation Security Agency as part of the ongoing probe into the case of "giving and taking bribes; abusing position and power while performing duties, and obtaining property by false pretenses" at the Ministry of Foreign Affairs.Earlier, several officials were also arrested during the investigation of the case, including Deputy Minister of Foreign Affairs To Anh Dung; Nguyen Quang Linh, Assistant to Standing Deputy Prime Minister Pham Binh Minh; Nguyen Tien Than, an official at the Government Office’s department of international relations for allegedly taking bribes when organising repatriation flights for Vietnamese citizens during the COVID-19 pandemic.

October 05, 2022 00:34 UTC


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