Vietnam’s e-commerce predicted to grow fastest in SEA by 2026

(VOVWORLD) - Vietnam’s e-commerce market will become the fastest-growing in Southeast Asia by 2026, head of Amazon Global Selling Vietnam Gijae Seong cited a recent report while addressing the launch of the Amazon Week in Hanoi on Thursday. 
Vietnam’s e-commerce predicted to grow fastest in SEA by 2026 - ảnh 1A discussion at the Amazon Week in Hanoi on October 27, 2022. (Photo: VNA)

He said although global economies are recovering unevenly after the COVID-19 pandemic, cross-border e-commerce in the world, including Vietnam, has still witnessed breakthrough growth.

Revenue from business-to-consumer e-commerce in Vietnam is expected to increase by over 20% each year. Within 12 months (from September 2021 to August 2022), Vietnamese sellers recorded impressive growth on Amazon, with nearly 10 million “Made in Vietnam” products delivered to global buyers via Amazon, Seong said, adding the number of Vietnamese sellers on this online marketplace also surged 80% from a year earlier.

Amazon Week will provide up-to-date and multidimensional information through roundtable discussions and workshops to help Vietnamese sellers explore export potential, expand their international market, and build up brands.

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