E-commerce revenue grows 25% in 2019

Vietnam’s B2C e-commerce revenue rose by 25% to over 10 billion USD in 2019, according to the e-Commerce White Book 2020 released by the Ministry of Industry and Trade’s e-Commerce and Digital Economy Agency.

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Vietnam has set a target that the e-commerce industry would grow by 25% per year to 35 billion USD with more than half of the population shopping online by the end of 2025.

According to the e-Commerce White Book 2019, e-commerce revenue jumped 30% from 6.2 billion USD in 2017 to 8.06 billion USD in 2018.

The size of the local e-commerce market was expected to reach 13 billion USD this year./.

VNA