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.
Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.
Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at VND145.2 trillion (US$5.8 billion) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.
Vietnam’s B2C e-commerce market in 2024 has experienced growth of 18-20% in the first ten months of 2024.
Over 900 livestreamed sessions, 1.8 billion views on TikTok shops using the hashtags #OnlineFriday and #TuHaoHangViet, nearly 4,750 response videos, and over 30 departments of industry and trade are just a few of the remarkable statistics showcasing the success of Vietnam's National E-commerce Week.
The cross-border e-commerce platform Temu has suspended its operations in Vietnam as per requests from the Ministry of Industry and Trade (MoIT).
The Agricultural Trade Promotion Centre (Agritrade) under the Ministry of Agriculture and Rural Development has officially launched a booth for Vietnamese agricultural products on Chinese e-commerce platforms and social media, marking a significant step in expanding market access.
VOV.VN - E-commerce platforms, both domestic and foreign, will handle the tax obligations for individuals and businesses that sell goods and services through their platforms in Vietnam as of January 1, 2025, according to legislation adopted at the National Assembly’s ongoing session in Hanoi on November 29.
VOV.VN - The Sixth Committee of the UN General Assembly (Legal) recent adopted a resolution negotiated under Vietnam’s chairmanship concerning the Model Law on Automated Contracting drafted by the United Nations Commission on International Trade Law (UNCITRAL).
VOV.VN - Deputy Prime Minister and Minister of Finance Ho Duc Phoc said on November 5 that artificial intelligence (AI) will be used to monitor and manage revenue, transactions, and sales activities on e-commerce platforms.