More than 41,500 businesses and individuals have registered for taxes on the recently-launched e-portal for e-commerce household businesses, with total contributions to the state budget exceeding VND258 billion (US$10.2 million), the Ministry of Finance (MoF) reported.
The Ministry of Industry and Trade (MoIT) has proposed a new green e-commerce law amid concerns over 800,000 tonnes of plastic waste in 2030.
A report by the e-commerce analytic platform Metric has shown that the total revenue of the five largest e-commerce platforms in Vietnam reached VND318.9 trillion (US$12.6 billion) in 2024, 37.4% higher than 2023.
VOV.VN - Temu, a major cross-border e-commerce platform of China, said that it has refunded customers in Vietnam on request of the Ministry of Industry and Trade, after deciding to cease operations in the market.
VOV.VN - E-commerce achieved its growth target of 18-20% in 2024, surpassing US$25 billion. With new growth drivers, this market is projected to exceed US$30 billion in 2025, provided domestic enterprises receive support to accelerate exports via e-commerce.
VOV.VN - To achieve export growth of 10%-12% in 2025, businesses and experts underscore the need for technological innovation, digital transformation, diversification of trade promotion forms, and adoption of e-commerce channels.
Vietnam remained among the top ten countries with the fastest e-commerce growth rate in the world in 2024, with the market valued at US$25 billion, an increase of 20% over 2023, according to Vietnam E-commerce and Digital Economy Agency.
Starting February 18, the value-added tax (VAT) exemption for imported goods valued under VND1 million (approximately US$40) sent via express delivery will officially be discontinued.
Vietnam's economic prospects for 2025 are gaining momentum, bolstered by strong export growth, a rapidly expanding digital economy, and a robust e-commerce sector, according to analytics from prominent websites.
Vietnam's retail e-commerce market is estimated to surpass US$25 billion in 2024, marking a 20% increase compared to the previous year, according to the Ministry of Industry and Trade.