Vietnam's e-commerce trade to hit us$16.4 bln in 2022

by VTV430 September 2022 Last updated at 09:00 AM

VTV.vn - The value of Business-to-Consumer (B2C) e-commerce in Vietnam is expected to grow by over 20 percent to reach US$16.4 billion in 2022, according to the Viet Nam E-commerce and Digital Economy under the Ministry of Industry and Trade.

This is part of the Viet Nam E-commerce White Paper in 2022 which surveyed nearly 5,000 consumers and about 10,000 businesses.

The survey also provided aggregated data from a number of reputable organizations in the world.

Despite the pandemic, Vietnam's e-commerce sector maintained annual growth rates from 16-30 percent over the past seven years.

The survey found that about 60 percent of the population is expected to shop online with an average spending of US$260-285 annually in 2022. 75% of Vietnamese people are Internet users of whom 74.8 percent shop online.

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