Vietnam ranked 55th in digital transformation with 41 points in Huawei's Global Connectivity Index (GCI 2020).

Delivery firms and drivers are ‘burning candles at both ends’ as the number of orders during the pre-Tet sales season has soared.

Displaying local specialties on e-commerce platforms has proven to be the quickest way to increase the value of Vietnam’s farm produce and introduce it to international customers.

More and more Vietnamese individuals with businesses online have declared tax and paid personal income tax.

Vietnam’s e-commerce revenue reached $11.8 billion in 2020, up 18 per cent against last year and accounting for 5.5 per cent of total retail sales.

While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market.

The age of unfettered freedom for online business and vendors is coming to a close as Vietnamese authorities are building policies to better trace these activities and collect the state’s due.

As the number of online orders is up to several million on special days, sellers are rushing to build storehouses.

Live streaming e-commerce has become a hot keyword in Vietnam. Experts have begun talking about the formation of a ‘livestreaming industry’.

More and more Vietnamese farmers are choosing to sell farm produce through livestreams and e-commerce platforms.

Vietnam is set to see 55% of the local population regularly participate in online shopping activities by 2025, with the value of goods purchased through the internet and online services reaching an annual average of US$600 per person.

E-commerce offers businesses, especially small and medium-sized enterprises (SMEs), a direct reach to international customers, boosts their sales, speeds up the marketing process and saves costs, experts have said.

As brick and mortar shopping falls in popularity during the pandemic, online shopping platforms took have increased presence among Vietnamese consumers. 

An eel farm of an older man brings turnover of nearly VND10 billion a year, and 99 percent orders are online. Another farmer sold 26 tons of rambutan by contract after putting goods on online sale.

Encouraged by the success of Ben Tre’s coconuts, Long An, Dong Thap and An Giang provinces are considering plans to put their specialties on online for sale.

Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.

Ensuring the quality of products bought online has long been tricky, but commercial livestreams, e-consulting and virtual reality on e-commerce sites could change that.

Online shopping traffic in Vietnam so far this year rocketed over 150 percent against a year earlier, with daily visits to e-commerce sites growing to 3.5 million, 

Black Friday, Singles Day and Christmas are the time for e-commerce platforms to make big money.

The Covid-19 pandemic has forced retailers to shift from traditional sales to online sales to adapt to the new circumstances.