Vietnam’s e-commerce market forecast to surpass 11.8 billion USD in 2021

(VOVWORLD) - Vietnam’s e-commerce market is forecast to continue growing in the post-pandemic period, with revenue surpassing last year's 11.8 billion USD, according to a recent workshop held as part of Techfest Vietnam 2021.
Vietnam’s e-commerce market forecast to surpass 11.8 billion USD in 2021 - ảnh 1Illustrative image. (Photo: congthuong.vn)
The domestic e-commerce market recorded the fastest growth rate in Southeast Asia and is expected to continue booming after the COVID-19 pandemic is controlled, creating new consumption trends, experts told the workshop.
Up to now, more than 70% of Vietnam's population have accessed the Internet, of which nearly 50% of consumers have tried online shopping and 53% of them have used e-wallets and online payment.
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