Can e-commerce growth be maintained at 25% per year?
Viet Nam leads mobile e commerce growth in Southeast Asia | |
Vietnam’s e-commerce market booming | |
E-commerce: narrow door for Vietnamese businesses |
The press conference. Photo: NT |
The information presented by the Vietnam e-commerce Association (VECOM) at the press conference on “Vietnam online business forum 2018 (VOBF 2018) taking place on 5th March in Ha Noi, it showed that Vietnam’s e-commerce growth rate in 2017 reached over 25% and this rate can be maintained for 2018-2020.
The growth rate of some specific areas was explosive. For the online retail area, information from thousands of e-commerce websites showed that revenue growth rate in 2017 increased by 35%.
Also VECOM, under the indirect survey for some delivery companies, the revenue growth rate of delivery services was from 62% to 200%. For the payment area, the national Payment Corporation of Vietnam (NAPAS), in 2017, the volume of online domestic card transaction increased about 50% compared to 2016, while transaction value increased to 75%. For the online marketing area, the growth rate of some affiliate marketing companies in 2017 reached from 100% -200%.
In order to have further overall view on Vietnam e-commerce, by 14th and 16th March 2018, VOBF will be held in Hanoi and Ho Chi Minh City respectively.
E-commerce Development: Do not let the gold fall! VCN- Vietnam is a country with the strong development of information technology, with the aim of revolution ... |
Mr. Tran Van Trong, Director of Office of VECOM said that “this forum will include 4 sessions on 4 themes. Specifically, the first session has a theme, “the age of connection and information sharing”. The speaker of the first session will discuss the trends of e-commerce, 2018, the ability to maintain high growth rates as of 2017, and new motivation to achieve this growth”.
“The remarkable issues in online business” is the theme of the second session. This session will discuss about the issues which are of interest to organizations, agencies and businesses engaged in online business, including tax management for e-commerce, shared economy, blockchain technology and digital currency, information security and protection of personal information”.
“The third session will discuss the impact of technology on e-commerce, and the fourth session is an opportunity for young entrepreneurs to discuss the topic of "successful start-ups with e-commerce."
In addition, the report on Vietnam E-Commerce Index 2018 will also be published at VOBF 2018.
Related News
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba
13:43 | 31/03/2023 Finance
Notes for businesses on tax policy
13:44 | 31/03/2023 Regulations
Grasping more export opportunities via digital platforms
09:29 | 26/03/2023 Import-Export
Preparing human resources for export via the electronic platform
16:12 | 20/03/2023 Import-Export
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
More News
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export