Vietnam wants to see 55 per cent of population shopping online by 2025


  • Vietnam
  • Tuesday, 19 May 2020

HANOI (Xinhua): Vietnam aims to have 55 per cent of its population shopping online with an e-commerce revenue in the business-to-customer (B2C) sector reaching US$35 billion by 2025, according to a masterplan approved by its Deputy Prime Minister Trinh Dinh Dung recently.

The revenue will account for 10 per cent of Vietnam's total retail sales and service revenue and a person is estimated to spend an average of US$600 a year for e-commerce, Vietnam News Agency cited the e-commerce development plan for 2021-2025 as reporting on Tuesday (May 19).

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Vietnam , shopping , online , e-commerce

   

Next In Regional

Top Korean actor Yoo Ah-in under investigation for alleged illegal use of propofol drug
Kremlin dismisses claims Putin was involved in MH17 downing
Hussein Omar Khan to be new Selangor police chief
Thailand rolls out the red carpet for PM Anwar
Selangor polls could go either way, say analysts
Apex court denies JJ's children leave to appeal over RM1bil in shares
Man gets six years jail for committing unnatural sex on step-sister
Indonesia, Malaysia to send palm oil envoys to EU over deforestation law
1MDB trial: Jho Low was 'boss', Najib was the 'big boss', witness tells court
In a first for India, transgender couple become biological parents

Others Also Read