Tag: GDP Growth
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Vietnam Surges Ahead in Southeast Asia’s Digital Economy
In 2024, Vietnam’s digital economy experienced a remarkable expansion, contributing 18.3% to the nation’s GDP and achieving an annual growth rate exceeding 20%. This growth rate is triple that of Vietnam’s overall GDP and marks the highest in Southeast Asia, as reported by the Vietnam News Agency (VNA). The Ministry of Information and Communications (MIC)…
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Philippines Maintains Strong Economic Growth in 2024 Despite Challenges, Says Budget Secretary
MANILA – Despite not reaching the government’s target, the Philippines achieved a robust 5.6% GDP growth in 2024, positioning it among the fastest-growing economies in the Asia Pacific, according to Budget Secretary Amenah Pangandaman. She made these remarks following the release of the Philippine Statistics Authority’s report, which indicated a 5.2% growth in the fourth…
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