Tag: B2C
B2C e-commerce market in bloom
Vietnam’s B2C e-commerce market in 2024 has experienced growth of 18-20% in the first ten months of 2024.
Online B2C retail predicted to continue booming
The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach VND650 trillion (US$26.31 billion) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).
B2C E-commerce to be Vietnam’s fifth largest export industry in five years
VOV.VN - The cross-border B2C E-commerce (consumer-facing segment of e-commerce) is set to grow strongly in 2027 and become the fifth largest export industry in Vietnam in the next five years, according to Amazon Global Selling.
Nearly 10 million 'Made in Vietnam' products sold to Amazon customers globally
VOV.VN - Approximately 10 million Made-in-Vietnam products were sold globally through Amazon between September 1, 2021, and August 31, 2022, heard the Cross-border E-commerce Conference (Amazon Week 2022) in Hanoi on October 27.
Businesses urged to devise strategy to cope with EU imposition of VAT
VOV.VN - Local firms have been advised to develop a long-term strategy when exporting to the EU market due to value added tax (VAT) being officially applied for online B2C transactions of suppliers from third countries to its customers, according to the Vietnam Trade Office in Belgium and the EU.
Online B2C deals to EU to be subject to value added tax from July 1
Online B2C transactions to Europe will be subject to value added tax (VAT) from July 1, the Vietnam Trade Office in Belgium and European Union (EU) has said.
