Rising and to rise even further - Vietnam's e-commerce market size estimated at a whopping US$31bil in 2025


HANOI (Bernama): Vietnam's e-commerce market size is estimated at around US$31 billion in 2025, accounting for nearly 10 per cent of total retail sales of goods and consumer services, local daily Hanoi Moi reported on Thursday, citing the Ministry of Industry and Trade.

Vietnam remains among the world's 10 fastest-growing e-commerce markets and ranks third among Asean countries, the report said.

The country's export turnover through e-commerce channels is estimated to increase by about 78 per cent to nearly US$2 billion in 2025.

Deputy Director of the Vietnam E-commerce and Digital Economy Agency Lai Viet Anh said the ministry has finalised the master plan for e-commerce development for the 2026-2030 period, as well as the law on e-commerce.

These documents provide an important legal foundation, creating favourable conditions for e-commerce, especially cross-border e-commerce, to develop in a transparent, secure and sustainable manner and to become a new growth pillar of the digital economy, she said. - Xinhua

 

 

 

 

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