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

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.