Tag: e commerce
Vietnam to impose VAT on express-imported goods under US$40
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.
Exports, e-commerce drive Vietnam’s economic growth in 2025
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 e-commerce market exceeds US$25 billion
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.
Chinese media praises Vietnam’s economic achievements, outlook
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.
E-commerce race heats up with new player entering arena
Vietnam Post's entry into the e-commerce sphere with nongsan.buudien.vn, the country's first specialised high-quality agricultural products platform, marks a giant stride of domestic enterprises in the digital marketplace.
Phu Quoc expects to welcome 1 million foreign travellers in 2025
Phu Quoc island city in the southern province of Kien Giang has set a target of serving 7 million tourists in 2025, including 1 million foreigners, according to Chairman of the municipal People’s Committee Tran Minh Khoa.
Vietnam’s e-commerce boom: a US$5.8 bln opportunity by 2028
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%.
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 Friday 2024 successful with impressive figures
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.
E-commerce platform Temu suspends operations in Vietnam
The cross-border e-commerce platform Temu has suspended its operations in Vietnam as per requests from the Ministry of Industry and Trade (MoIT).