Vietnam strives to have over half its population shopping online by 2025

 Vietnam aims to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-25 recently approved by Deputy Prime Minister Trinh Dinh Dung. 

Revenue in the business-to-consumer (B2C) sector is projected to surge 25 percent per year to a total of 35 billion USD, accounting for 10 percent of allretail sales and service revenues nationwide.

Vietnam also wants 80 percent of its e-commerce websites to have online booking functions and 50 percent of all small- and medium-sized enterprises to operate on e-commerce platforms, including those social media sites.

 

 

Source: VOV5

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