Grab and MoMo are veterans in their core business fields, but they are the newcomers in the e-commerce market.

Retailers in Ho Chi Minh City have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.

Ho Chi Minh City’s Department of Industry and Trade has unveiled a project to promote exports over the next five years.

Online shopping and electronic payments in Vietnam have become more common in recent years as more of the country's population gains access to the internet.

Nearly 45 million Vietnamese people now access online shopping, a forum on domestic consumption trends on August 20 in Hanoi heard.

Vietnam’s B2C e-commerce revenue rose by 25 percent to 10.08 billion USD in 2019, according to the e-Commerce White Book 2020 released by the Ministry of Industry and Trade (MoIT)’s e-Commerce and Digital Economy Agency (iDEA).

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce.

Vietnam’s export is set to grow 5% annually from 2021 to 2025 to reach US$340 billion in 2025, according to the Ministry of Industry and Trade (MoIT)’s plan on socio-economic development for the five-year period.

VOV.VN - Despite being a newly emerging industry in the nation, the first half of the year saw e-commerce enjoy a growth rate of 25%, withstanding the wide-ranging impact of the novel coronavirus (COVID-19) pandemic in the process.

VOV.VN - The northern mountainous province of Son La said it has just exported 30 tonnes of locally-grown longans to China, one of its farm produce consumers, opening the door for this kind of fruit to penetrate the huge lucrative market.