Vietnam's e-commerce growth is showing signs of a slowdown

VNG's decision to withdraw from Tiki Global after losing VND 510 billion has shown the pressure from the e-commerce race in Vietnam.

Temu, owned by Chinese e-commerce giant PDD Holdings, is considered one of the world’s fastest-growing e-commerce platforms

the draft amendment to the Law on Value Added Tax being submitted to the National Assembly proposes to tax imported goods

Revenue in the third quarter of 2024 contributed VND 84.75 trillion (37% of total e-commerce revenue in the first 9 months of the year)

in the first 6 months of 2024, the total revenue of the 5 largest e-commerce platforms in Vietnam is estimated to reach 156,000 billion VND.

Product groups that men buy a lot on e-commerce such as technology and electrical appliances will grow more than 100% in 2023

In just 1 month, the ao dai market recorded a total revenue of up to 41.5 billion VND on 4 e-commerce platforms: Shopee, Lazada, Tiki

E-commerce, a rapidly developing field, has ushered in a new era in shopping and business.

Although TikTok Shop was only launched in early 2022, it has quickly increased its revenue market share from 3% in the third quarter of 2022

The Vietnamese market is witnessing fierce competition from more than 40 e-wallets and is considered to be in a booming phase

Vietnam’s e-commerce is projected to continue booming in 2023 and developing firmly in the following years, aided by a series of growth...