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Vietnam’s Digital Economy Soars with Tech Adoption and Rising Incomes

Fintech News

Vietnam’s digital economy is rapidly expanding, reaching a value of US$30 billion in 2023 and projected to increase by 20% to hit US$43 billion by 2025. Growth drivers boosting Vietnam’s digital economy Vietnam’s digital transformation is supported by a number of factors.

Economy 109
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ACI: Innovation Will Accelerate The Digital Economy In 2021

PYMNTS

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic. Challenges And Opportunities Ahead In 2021.

Economy 82
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Mastercard's 2021 Outlook Finds Digital Economy Here To Stay

PYMNTS

Mastercard , in its just-released Mastercard Economics Institute ’s Economy 2021 report titled “The E-Conomy is Here to Stay,” looks at the past year's economic trends in order to see what's coming next for businesses, according to a press release emailed to PYMNTS. A total of 74 percent of new U.S.

Economy 71
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Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy

The Fintech Times

In the last five years, Sri Lanka’s economy has struggled greatly. In 2021, the CBSL launched the country’s first National Financial Inclusion Strategy (NFIS) with the prime objective of facilitating more accessible, effective, efficient and affordable financial services for businesses and individuals.

Economy 84
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Government Aid Expected To Spur Economy To Pre-COVID Peak In Mid-2021

PYMNTS

economy and jobs market will take years to recover from the coronavirus economic crash. However, gross domestic product (GDP) will return to pre-COVID levels, in part due to government stimulus packages, by mid-2021. The agency said inflation-adjusted GDP “is projected to return to its pre-pandemic level in mid-2021.”.

Economy 60
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A Step in The Right Direction: 36% More Filipinos Have Bank Accounts in 2024 Than in 2021

The Fintech Times

per cent in 2021, despite the challenges of the covid-19 pandemic, according to the World Bank. Further findings from the World Bank, also found that the country’s gross domestic product (GDP) per capita was around $3,950 establishing the country as a low-middle income economy. per cent in 2015 to 18.1

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A Move Away From Oil and Gas: Fintech’s Role in a More Diversified Brunei Economy

The Fintech Times

Brunei Darussalam, more commonly known as Brunei, has transformed its economy for the better following the discovery of oil and gas in 1929. However, as the world starts to turn away from fossil fuels, the country is starting to diversify its economy: we explore fintech’s role in Brunei’s new economic plan.

Economy 58