Domestic businesses should equip themselves with necessary knowledge in order to tap opportunities from the Regional Comprehensive Economic Partnership (RCEP), advised experts.

Vietnam’s digital economy is expected to reach US$14 billion in 2020, a year-on-year increase of 16%, and will likely reach US$52 billion in 2025, re-accelerating to nearly 29% in compound annual growth rate, according to a report from Google, Temasek and Bain & Company.

A signing ceremony of a memorandum of understanding on the launch of the first interface for Danish brands in Lazada, one of the modern e-commerce platforms in Vietnam, was held on November 19.

Tax declared from e-commerce activities had been increasing, reported the General Department of Taxation.

VOV.VN - In the lead up to the annual Vietnamese Teachers’ Day on November 20, online markets have been filled with a diverse range of different items sold at huge discounts.

Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.

Online shopping traffic in Vietnam so far this year rocketed over 150% against a year earlier, with daily visits to e-commerce sites growing to 3.5 million, Nguyen Ngoc Dung, Deputy Chairman of the Vietnam e-Commerce Association (VECOM), told a workshop recently.

The Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development.

VOV.VN - The Straits Times, a daily English-language broadsheet newspaper in Singapore, ran an article on November 9 that detailed some impressive achievements by the nation in its role as ASEAN Chair 2020.

While e-commerce is vital to Vietnam's development, 80% of the country’s population has not accessed online trading yet, leaving huge room for growth, according to experts.