E-commerce sales to reach US$1.3 bn by 2015

(VOV) -Vietnam’s e-commerce market is expected to earn US$1.3 billion in revenue by 2015, announced the Vietnam E-commerce and Information Technology Agency (VECITA). 

Total earnings of local e-commerce deals in 2012 were estimated at US$700 million, while 47 e-commerce exchange centres registered with VECITA generated US$354 million in sales. 

Meanwhile, the proportion of non-cash payment was reduced to 11.8 percent in 2012. 

In specific, bank card payment accounted for only 0.2 percent of the total value of non-cash payment during the same period. As of June 2012, there were 47.2 million bank cards released locally.

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