bongdaso v 4.0 Industrial Revolution has become bongdaso v motivation for global e-commerce and bongdaso v E-commerce development of Vietnam. On bongdaso v other hand, bongdaso v impact of bongdaso v Covid-19 pandemic has significantly changed consumers' shopping habits and behaviors.
Vietnam's E-commerce market has been increasingly expanded in recent years and has become a popular business. bongdaso v diversity of models, participants, processes, supply chains, and services with Internet infrastructure and modern technology applications has made e-commerce a key in economic development.
Although bongdaso v Covid-19 pandemic has caused serial adverse effects, Vietnamese E-commerce still has vital acceleration steps, becoming one of bongdaso v fastest-growing e-commerce markets in Southeast Asia. According to bongdaso v Vietnam E-commerce White Book, in 2020, bongdaso v growth rate of e-commerce reached 18%, bongdaso v scale reached 11.8 billion USD. And Vietnam is bongdaso v only country in Southeast Asia that achieved double-digit e-commerce growth.
In 2020, 70% of bongdaso v total population used bongdaso v Internet. bongdaso v number of online shoppers in Vietnam is estimated at 49.3 million people, and bongdaso v value of online shopping reached 11.9 billion USD.
Vietnam's digital economy is expected to exceed US billion and hold bongdaso v third position in bongdaso v ASEAN region by 2025.
New online shoppers in Vietnam reached 41% compared to total online buyers, holding bongdaso v highest position among countries in Southeast Asia and 5% higher than bongdaso v Southeast Asian average.
During bongdaso v pandemic, bongdaso v e-commerce market has become more and more exciting, and digital technology application has become an effective solution for Vietnamese businesses to overcome difficulties, bringing opportunities from new market demands. Vietnamese consumers' behaviors are also gradually shifting from traditional purchases to online purchases.
bongdaso v top 10 most traffic e-commerce websites in Southeast Asia showed bongdaso v presence of Thegioididong, Tiki, Sendo, Bach Hoa Xanh, FPT Shop, which are all well-known brands in Vietnam.
In conclusion, E-commerce helps consumers reach out to international markets and become "global consumers," making it easy for businesses to sell their products to bongdaso v world. In addition, participation in bongdaso v import/ export activities and cross-border e-commerce channels create opportunities for Vietnamese companies to learn and practice. Thereby, they could understand world-class quality and improve goods value originating in Vietnam, bringing Vietnamese brands worldwide.
Source: Media
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