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Vietnam's e-commerce market is projected to surpass $25 billion in 2024, fueling digital growth and new regulations.
Vietnam's retail e-commerce market is forecast to exceed $25 billion in 2024, marking a 20% growth from the prior year and positioning Vietnam as the third largest e-commerce market in Southeast Asia, behind Indonesia and Thailand.
E-commerce contributes significantly to the country's digital economy, driving economic growth and digital transformation.
Popular platforms include Shopee, TikTok Shop, and Lazada, alongside international players like Temu and Shein.
To address challenges like counterfeit goods and unregulated platforms, the government is proposing a new e-commerce law to enhance regulatory frameworks.