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With over 171 million Internet users, Indonesia is the largest and fastest-growing digital economy in Asia. Indonesia’s digital economy is projected to swell to US$ 133 billion by 2025. And teleconferencing technology adoption in the country is relatively high when compared to its fellow developing peers in ASEAN.
The Coronavirus Disease 2019 (COVID-19) pandemic is one of the most impactful crises that shook global economies, restricted social activities, emptied public spaces, infected 182 million people, and has taken more than 3.94 million lives from 213 countries (as of July 2021) since its outbreak in December of 2019.
The RCEP is set to be the world's largest trade deal as it will account for a third of global GDP and cover half the world's population.
While the growth rate of the economy is expected to decline marginally at a compound annual growth rate or CAGR of 6.7% by 2020, healthcare expenditure is expected to grow to USD 22.7 billion by 2021 at a CAGR of approximately 12.5% from 2017 to 2021
With a population of around 97 million, Vietnam is the third most populous country in South East Asia after Indonesia and Philippines. The country transformed from one of the world’s poorest nations to a developing country over the past few decades and is now on its way to become a middle-income, industrialized country in the coming years.