Hanoi (VNA) – E-commerce revenue in Vietnam hit 11.8 billion USD in 2020, posting a growth rate of 18 percent.
According to Vietnam E-commerce White book 2021, released by the Vietnam E-Commerce and Digital Economy Agency (IDEA), revenue from e-commerce activities surged in the past five years, from 5 billion USD in 2016 to over 10 billion USD in 2019. Vietnam has continuously recorded the strong growth in terms of the rate of internet users and the number of online shopping users and purchase value. e-commerce platforms. Alternatively, online shoppers buying on forums and social networks reached 33 percent. This was a significant increase from the previous year with 52 percent buying on e-commerce channels and 57 percent on social networks in 2019./.
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