Topic: Vietnam e-commerce

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.

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

The product store is designed as a "one-stop-shop" online, enabling consumers to easily access and purchase the province's signature products

Market value reached $20.5 billion in 2023 and is projected to hit $45 billion next year, recent forum hears.

Massive livestream shopping event among the high points of this year’s online shopping season.

Failure to comply with these requirements could result in severe consequences, including app blocking, domain blocking, and cargo clearance suspension.

The tax authority has already implemented tax collection for cross-border e-commerce platforms from 102 foreign suppliers, including Facebook, Google, etc.

Shopee, TikTok Shop, and Tiki experienced significant sales growth from July onwards, peaking in August.

B2C retail e-commerce value in 2022 accounted for 8.5 per cent of total retail sales of goods and services in Vietnam.