“When the epidemic happened, the limited shopping activities at physical stores brought the e-commerce industry a great opportunity for growth.
Over the past year, these service providers actively improve their services, bringing the most benefits to customers, and the industry’s infrastructure has also improved significantly: payment channels regularly expand customers, adding new services and products; 5G network system officially covering and delivery network expanding nationwide.
The government has set a target that by 2025, 55% of the population will shop through e-commerce and this industry will grow 25% each year, contributing 10% of total retail sales. With such a big goal, the e-commerce industry will continue to be one of the industries attracting the largest investment in Vietnam.
In this report, Seiko Ideas will provide quick facts of current Vietnam ecommerce and supporting infrastructure and policies supporting its journey to reach $35 billion revenue in 2025.
- Market size of Vietnam ecommerce
- Infrastructure supporting development of Vietnam ecommerce
- Development plan of Vietnam ecommerce in 2021 – 2025”