Topic: E-commerce sector

These efforts will empower businesses, cooperatives, and production facilities to boost efficiency, expand market reach, and enhance productivity.

In 2024, Vietnam continues to maintain a growth rate of 18-25% year-on-year, ranking among the top 10 countries with the highest e-commerce growth rates globally.

Total consumption volume surged to more than 3.4 million products, a significant rise of 50.76%, underscoring the sustained high purchasing power in the market.

Shopee maintained its leading position with a revenue of nearly $2.49 billion, capturing 71.4% of the GMV market share.

The proposed law will supplement and unify existing concepts in accordance with current legal regulations.

E-commerce sector has successfully met its 2024 goal of achieving a 18-20% growth in revenue from direct business-to-consumer transactions.

With market size estimated at $22 billion this year, Vietnam’s e-commerce ranks third in Southeast Asia.