Many businesses have achieved remarkable growth by leveraging e-commerce platforms, while cross-border retail sales have surged with increasing participation from small and medium-sized enterprises (SMEs).
Viet Nam''s e-commerce revenue in 2022 maintained an increase of about 15 per cent compared to last year, according to the Viet Nam E-commerce Association (Vecom).
Viet Nam''s B2C retail e-commerce revenue this year is estimated at US$16.4 billion, marking the first year to reach this landmark, reported in the Viet Nam E-Commerce White Book 2022.
The State Bank of Viet Nam recently made public, e-wallett daily transaction limits were set at VND20 million (US$850) for individuals and VND100 million for organisations
Online import and export activities of small- and medium-sized enterprises (SMEs) are expected to develop further due to the low number of them currently embracing e-commerce, according to experts.
The Ministry of Industry and Trade plans to enhance the application of e-commerce with the aim of narrowing the digital divide, an official said at the Viet Nam Online Business Forum 2019 held on Tuesday in Ha Noi.
Electronic payments for online transactions remained modest compared
with cash-on-delivery payments, according to a recent report of the
Ministry of Industry and Trade on e-commerce in Viet Nam.
Vietnamese e-commerce sales are expected to hit more than US$4 billion
in 2015, thanks to growing internet users, reports the Viet Nam
E-commerce and Information Technology Agency (VECITA).