E-com to hit $20.5 bn in 2023 in Vietnam

03 Dec '23

1 min read

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E-commerce in Vietnam is projected to hit $20.5 billion this year, a recent conference in Hanoi organised by the government was told.
The domestic e-commerce market has seen the evolution of a secondary service supply system—services related to tech platform, marketing, online marketing communications and delivery, deputy minister Do Thang Hai said.

E-commerce in Vietnam is projected to hit $20.5 billion this year, a recent conference in Hanoi organised by the Vietnam E-commerce and Digital Economy Agency under the ministry of industry and trade (MoIT) was told.

The domestic e-commerce market has seen the evolution of a secondary service supply system, which includes services related to technology platform, marketing, online marketing communications and delivery, deputy minister Do Thang Hai told the conference.

Hindrances include ensuring traceability of goods, safety and security of personal information and logistics infrastructure, he was cited a saying by a domestic news agency.

He suggested that Online Friday, a big annual online shopping programme, be promoted to achieve the targets of developing the e-commerce market sustainably.

He urged the government and businesses to cultivate digital technology solutions to boost e-commerce.

Fibre2Fashion News Desk (DS)

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