e-commerce

Update news e-commerce

B2C e-commerce market in bloom

It has been projected by 2025, the country’s e-commerce market will surpass US$25 billion, according to a report from the Ministry of Industry and Trade (MoIT).

Tax revenue from e-commerce surpasses US$4.2 billion

With the rapid growth of the e-commerce market, tax revenue from this sector reached about VNĐ108 trillion (US$4.25 billion) in the first 11 months of 2024.

Real estate demand for e-commerce and logistics rises in Vietnam

The explosive growth of e-commerce and logistics in Vietnam is pushing up demand for warehouse real estate along with infrastructure investment.

Vietnamese businesses need to persist in e-commerce race

There are many programs that help Vietnamese goods enter e-commerce platforms available in many markets. However, Vietnamese businesses need to be persistent to follow the path they have chosen.

Vietnam halts Temu operations: What it means for shoppers

Temu’s suspension by the Ministry of Industry and Trade has left customers worried about their orders. Experts advise on refunds and delivery inquiries to minimize losses.

Vietnam to lead Southeast Asia’s e-commerce revolution: IMARC report

Vietnam is set to lead Southeast Asia’s e-commerce revolution, given that this industry potentially drives national economic transformation, according to the latest report published by IMARC Group, a market research provider, on December 1.

Many Vietnamese products have higher quality, lower prices than China’s: expert

"Vietnamese businesses came to Ningbo to showcase their products last year. I found that the products had high quality and low cost, something even Chinese businesses couldn't do," said a representative of a Chinese cross-border e-commerce ecosystem.

PM orders strengthened state management over e-commerce

Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.

Hanoi to host 2024 e-commerce and digital economy forum on November 21

The Department of E-commerce and Digital Economy under the Ministry of Industry and Trade (MoIT) has announced that the 2024 E-commerce and Digital Economy Forum will take place on November 21 in Hanoi.

Friendly relations with Singaporean partner hoped to develop logistics

Minister of Information and Communications Nguyen Manh Hung has proposed that YCH Group help Vietnam build a comprehensive supply chain platform to help small and medium sized enterprises export products.

Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce market is estimated at 22 billion USD this year, ranking third in Southeast Asia behind Indonesia (65 billion USD) and Thailand (26 billion USD).

Can Vietnamese platforms survive the heated e-commerce war?

Vietnam’s e-commerce market remains fiercely competitive as global giants vie for dominance, with new entrants joining the fray and established players retreating.

Vietnamese firms increase competitiveness to cope with foreign rivals

A wave of cheap goods on Chinese e-commerce platforms, such as Taobao, 1688, Shein and Temu, has forced Vietnamese businesses to enhance their competitiveness in the domestic market.

National e-commerce week, Online Friday 2024 expected to stimulate consumption

The national e-commerce week will take place from November 25 to December 1, while the Vietnam Online Friday 2024 will run from the beginning of November 29 to noon of December 1.

Vietnam's e-commerce boom drives 38% growth in tax collection

Vietnam’s General Department of Taxation reported a 38% growth in e-commerce tax revenue, thanks to improved monitoring and data analysis.

Temu's super low prices prompt concern as e-commerce giant enters Vietnam

The Ministry of Industry and Trade raises concerns over the potential impact of Temu's low-cost strategy on local businesses.

Decree developed to tighten management on imported products via e-commerce

VN is currently among the top 10 countries with the highest e-commerce growth rate in the world with revenue reaching nearly VNĐ498.9 trillion (US$20.1 billion) in 2023.

Vietnam – one of most dynamic live commerce markets

Vietnam has one of the most dynamic live commerce markets globally, driven by its growing population, tech-savvy culture, and an expanding base of discerning young consumers, experts said.

Millions of border-crossing orders slip through without paying tax

In H1/2024, billions of USD worth of small-scale goods crossed VN borders each month, leaving a massive gap in tax revenue. As other countries close tax loopholes on small-value imports, VN faces increasing pressure to amend outdated tax policies.