In 2020 the Vietnamese real estate market, just like across the globe, was heavily impacted by the COVID-19 pandemic and that remains the case today. There are, however, some bright spots in the market and if the virus is fully controlled, this year should recover and also see stronger liquidity.

The growing demand for imported products in Vietnam and other markets will fuel runaway growth for cross-border e-commerce. However, the speed of expansion could also impose a burden on the government as it looks to efficiently supervise the fresh business model.

There was an increase in interest in Ho Chi Minh City which ranked sixth among Asia Pacific investors’ most preferred property markets for investors, according to a survey by market research firm CBRE polling more than 490 Asia Pacific-based investors in November and December 2020.

More and more Vietnamese individuals with businesses online have declared tax and paid personal income tax.

An e-commerce site for high-quality Vietnamese goods, at hvnclc.chophienonline.vn, debuted in Ho Chi Minh City on January 21.

VOV.VN - An e-commerce platform showcasing high-quality local goods made its debut in Ho Chi Minh City on January 21 with the aim of helping businesses in the Vietnamese High Quality Goods Business Association seek co-operative opportunities online.

VOV.VN - Amid the impact of the COVID-19 pandemic, boosting exports via giant retail platform Amazon is considered to be an effective solution that firms from Dak Lak province can use to enter global value chains, according to insiders.

VOV.VN - Food, beverages, and agricultural products can be viewed as the commodity groups which have enjoyed robust growth through e-commerce platforms, with each of them anticipated to see plenty of room for further development, according to industry insiders.

VOV.VN - With a population of over 95 million people, coupled with young demographics and high levels of Internet access, the local e-commerce market is set to enjoy growth in the future thanks to these solid foundations, according to the Ministry of Industry and Trade (MoIT).

The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Vietnam.