Vietnam ranks among the top 30 countries with the highest rate of virtual asset ownership in 2024. Data: Triple-A The digitization of physical assets into virtual assets opens up numerous opportunities for innovation, contributing to the development of the digital economy in Vietnam. Vietnam is asserting itself as one of the countries with the highest
New Delhi: Industry body CII on Wednesday urged for comprehensive review for recognition of intangible assets for keeping pace with expansion of the digital economy. It also said that intangible assets have long been the engines for value creation in the world’s developed economies. “As India is transitioning towards a digital economy, the importance of
The Confederation of Indian Industry (CII) has urged for a sweeping review of how intangible assets are recognized and accounted for as India shifts towards a digital economy. According to CII, these intangible assets play a vital role in value creation under modern business models, particularly in sectors like Software as a Service (SaaS),
The Confederation of Indian Industry (CII) has urged a comprehensive review of the accounting and recognition framework for intangible assets, highlighting the need to align with India’s transition to a digital economy, where intellectual capital is emerging as a critical driver of value creation for entities. Addressing the challenges around recognition of intangible assets will
New Delhi [India], January 22 (ANI): The Confederation of Indian Industry (CII) has called for a comprehensive review of the recognition and accounting of intangible assets as India transitions towards a digital economy. According to CII, intangible assets are crucial for value creation in modern business models, especially in sectors like Software as a Service
According to a Boston Consulting Group report, the real-world asset market is projected to reach $16 trillion by 2030, equivalent to 10 per cent of global GDP. Standard Chartered forecasts that this market could double to $30 trillion in the next four years. Dr. Pham Anh Khoi, deputy head, Fintech Committee Vietnam Blockchain Association RWAs
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