Vietnam strives to have over half of population shopping online by 2025
Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-25 recently approved by Deputy Prime Minister Trinh Dinh Dung.
Hanoi (VNA) – Vietnam is aiming to have 55 percentof its popu🍌lation shopping online by 2025, with average consumer spendingrising to 600 USD per year, according to a master plan on e-commercedeജvelopment for 2021-25 recently approved by Deputy Prime Minister Trinh DinhDung.
E-commerce is viewed among the pioneering sectors of thedigital economy which contributes to modernising the distribution system, raisingbusinesses’ competitiveness and fostering the domestic market and exports. Revenue in the business-to-consumer (B2C) sector isprojected to surge 25 percent per year to hit 35 billion USD, accounting for 10percent of the total retail sales and service revenues nationwide. Under the plan, cashless payments will reach 50 percent, ofwhich those made via third-party payment service providers will make up 80percent of the total. Economic zones and localities aside from Hanoi and Ho ChiMinh City are forecast to account for 50 percent of the value of the total B2Ctransactions across the country. Businesses in 50 percent of the communes and equivalent administrativeunits nationwide will be encouraged to provide online shopping services. Meanwhile, Vietnam also wants 80 percent of the e-commercewebsites to have online booking functions and 50 percent of the small- andmedium-sized enterprises operating on e-commerce platforms, including those onsocial media sites./.
The Ministry of Industry and Trade (MoIT) and the Vietnam Chamber of Commerce and Industry (VCCI) on May 7 signed a cooperation agreement to support businesses after the COVID-19 pandemic.
The e-commerce market in Ho Chi Minh City has developed significantly, with total online spending growth up by more than 12 percent annually since 2015, according to the municipal Department of Industry and Trade’s report on e-commerce development.
Online food sellers have long been known as a channel to buy local, unnamed products, but now they are growing as an effective source for branded food firms.
Businesses should take advantage of both online and offline platforms to increase their ability to adapt to disruptions due to the COVID-19 pandemic, speakers said at an online seminar on May 15 in HCM City.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Staff at Lazada e-commerce platform (Photo: VNA) 
