Vietnam's e-commerce boasts highest annual growth in Asean


HANOI: Vietnam's e-commerce market has boasted an average annual growth rate of 16-30 per cent over the past four years, the highest in the Asean (Association of Southeast Asian Nations) region, local media VOV reported on Tuesday (July 23).

Citing OpenGov Asia, a content platform dedicated to sharing ICT-related knowledge and information, the report said that the country's cross-border e-commerce sector is expanding at a rate 2.3 times faster than regular e-commerce between 2022 and 2025, with projections indicating a 20 per cent annual growth until 2026.

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Vietnam , e-commerce , Asean

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