Vietnam’s e-com market expanded 18% to $ 11.8 billion in 2020

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Despite the impact of COVID-19 in 2020, Vietnam has achieved strong growth in e-commerce, making it one of the fastest growing e-commerce markets in Southeast Asia. Industry and Trade (MoIT). The domestic e-commerce market expanded 18% last year to $ 11.8 billion.

The agency has announced that it will coordinate with domestic and international partners such as JD.com, Vinanutrifood, Viettel Post, VP Bank and Visa to establish the Vietnam National Pavilion on the JD.com e-commerce platform in China.

According to a Newswire report, this will be the first Vietnamese pavilion on an international e-commerce platform that will directly deliver Vietnamese products to consumers in importing countries in a cross-border e-commerce way.

Despite the impact of COVID-19 in 2020, Vietnam has achieved strong growth in e-commerce, making it one of the fastest growing e-commerce markets in Southeast Asia. Industry and trade. The domestic e-commerce market expanded 18% last year to $ 11.8 billion.

According to a MoIT survey, 49.3 million Vietnamese were engaged in online shopping in 2020, a sharp increase from 32.7 million in 2016.

The agency will assist you in connecting companies and providing guidelines for distributing products in the pavilion, in line with platform regulations and the laws of the importing country.

We will also seek resources from our partners to promote Vietnamese products, help local companies distribute their products smoothly on the JD e-commerce platform, and increase exports to China.

Fiber2Fashion News Desk (DS)

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Vietnam’s e-com market expanded 18% to $ 11.8 billion in 2020

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