Social media penetration in Vietnam stood at 67% in January 2020. The UK's total ecommerce sales are expected to bring in $169 billion, which is a slight dip from $180 billion in 2020. The iMUSE yoghurt & lemon flavoured drink contains lactococcus lactis strain plasma which the firm claims to have immune functionality to fight infectious disease in the country. Vietnam E-Commerce & IT Outsourcing Market Research ... Among the categories of retailing, grocery and electronic appliance are the largest categories in Vietnam, accounting for more than half of the total retail sales in the country . Vietnam $697 Million Buy Now Pay Later (BNPL) Markets to ... MARKET LANDSCAPE • Traditional Trade is still key channel with 1.5M stores, contributing to 87% of FMCG • Modern Trade is booming with store expansion and higher consumer penetration E-COMMERCE • Vietnam has strong foundation for E-commerce to take off with high internet and smartphone penetration • Still humble, ~1% FMCG, growing 30+% Internet Economy Market Size, in USD billion, by Sector, 2015, 2018e . There were 65.00 million social media users in Vietnam in January 2020. This report offers latest trends, growth factors, top players etc. Vietnam Express Delivery Services Market B2B, B2C, Size 2027 E-commerce penetration in the retail sector could triple in the next few years as the pandemic pushes brands to go online and cross-border sales increase, says JD Central, an e-commerce joint . According to a report, the Vietnam mobile payment market size was valued at $250 billion in 2019, and projected to reach $2,732 billion by 2027, growing at a CAGR of 30.2% from 2020 to 2027. Vietnam e-commerce, though small in size, is among top growing e-commerce markets globally. Việt Nam's e-commerce market is predicted to boom in the near future, given that 53 per cent of the population uses the internet and nearly 54 million people use smartphones. Social commerce, especially through Facebook and Facebook Messenger, has also been found to drive the adoption of e-wallet payments 19 in the Philippines, according to a report by PayPal. Reporting from Boston Consulting Group (BCG) in 2013 showed that Vietnam had the fastest-growing . Thailand's business-to-consumer e-commerce market has been growing steadily since 2017, and is now worth THB860 billion (US$27.7 billion). Yet, Vietnam and its tourism businesses need to combat an important cultural setback if they want to reap the benefits of the country's entrepreneurial spirit and grow tourism in quality as well as in quantity. Southeast Asia B2C E-Commerce Market Report 2019: Focus on ... Decision Lab's Connected Consumer Report for Q2 2020 confirms the domination of e-commerce platforms in Vietnam's online shopping landscape. According to experts, trade volume via e-commerce reached $4.07 billion in 2015, hit $5.1 billion in 2016 and $6.2 billion last year. Vietnam"s potential convenience store chain, Which has the ... Demand for e-logistics in Vietnam projected to boom The Future Of Retail In Vietnam | Vietcetera Boom in e-commerce as pandemic keeps consumers indoors. In 2015, eCommerce in Vietnam was worth $4 billion, but it is expected to rise 20 percent per year to reach US$10 billion by 2020, according to Vietnam E-Commerce Association. The market. Experiencing a rapid growth in the tourism industry, Vietnam could become a regional leader in the coming years. Indeed, the rise of e-commerce and digital retail channels in Vietnam is one of the top trends to watch: by 2025, Vietnam's e-commerce market size is expected to be second only to Indonesia in the Southeast Asia region. MARKET LANDSCAPE • Traditional Trade is still key channel with 1.5M stores, contributing to 87% of FMCG • Modern Trade is booming with store expansion and higher consumer penetration E-COMMERCE • Vietnam has strong foundation for E-commerce to take off with high internet and smartphone penetration • Still humble, ~1% FMCG, growing 30+% There were 145.8 million mobile . Download the Southeast Asia's cross-border e-commerce market report (2018-23) now. Lazada puts pedal to the metal in e-commerce revolution. Medium to long term growth story of BNPL industry in Vietnam remains strong. Vietnam e-commerce market size Ecommerce in Vietnam is currently a growing market in Southeast Asia, which has witnessed an impressive expansion . E-Commerce, Online Media, Online Travel, Transport & Food, 2015, 2019, 2020e & 2025f E-Commerce Gross Merchandise Value, in USD . Vietnam EC market 2020 1. Domestic retail e-commerce set to surge - Bangkok Post Vietnam EC market 2020 - slideshare.net Vietnam social commerce market is a customer intelligence and competitive study of the demand, forecasts, trends, and macro indicators in Vietnam market. the World Bank expects their economy to continue to grow in 2021 by 6.6%, however, the number of households reporting a drop . Global e-commerce grocery market grows 30% - Vietnamese ... Vietnam Express Delivery Services Market by Application (B2B and B2C), End Use (E-Commerce Platform, Social Media Platform, Document Service, and Others), and Destination (Domestic and International): Opportunity Analysis and Industry Forecast, 2020-2027 The E-commerce in Vietnam report is divided into six sections, including the overview of eCommerce in Southeast Asia and Vietnam from 2015 to 2020, business-to-consumer (B2C), the leading e-commerce brands, categories, and consumer behavior the impact of COVID-19 on the eCommerce . 18 months ago, Dung Dang Anh decided to join Lazada Vietnam, the national arm of Lazada Group, an e . In Vietnam, national legislations that restrict infant formula promotion has been passed down in recent years. Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report Font Size: | In the annual SYNC Southeast Asia report which looks at the digital economy in the region, the two big market observers said located in a vibrant part of the world, Vietnam is at the forefront of driving change and seizing opportunities to thrive . Vietnam`s e-commerce retail logistics market is valued at EUR90 million (US$103 million) in 2018, and is forecast to experience an average growth of 42% per year till 2022. Vietnam was one of the very few countries with an economy that grew in 2020 - by 2.9%. Vietnam B2C E-Commerce Market Overview, February 2021Value of B2C E-Commerce, in VND trillion, and Year-on-Year Change, in %, 2019 - 2024fTop 10 E-Commerce Websites of Vietnam, by Number of . The Map of E-Commerce ranks Vietnam's top 50 e-commerce players based on their average quarterly traffic, mobile application ranking, social media followers and number of staff. The global fashion ecommerce industry was expected to decline from $531.25 billion in 2019 to $485.62 billion in 2020. Express delivery service is a quick parcel delivery service for which the customer pays a considerable amount. Social and M-Commerce contribute to B2C E-Commerce growth The smartphone's role in increased online retail sales in Vietnam is reflected in the numbers of shoppers who make purchases through . In this context, e-commerce player Lazada Vietnam is stepping up its game to catch up with the trends. Q&Me is online market research provided by Asia Plus Inc. Vietnam EC market 2020 Asia Plus Inc. 2. Vietnam is considered to be one of the fastest growing eCommerce marketplaces in Southeast Asia with an average annual . Vietnam e-commerce market size and trends in 2019 With its 97 million residents and an increasing number of Internet users, Vietnam is attractive for many online retail businesses. E-Commerce, Online Media, Online Travel, Transport & Food, 2015, 2019, 2020e & 2025f E-Commerce Gross Merchandise Value, in USD . The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 38.1% during 2021-2028. This has translated into a strong market for private institutions and vocational schools and services. Indeed, the rise of e-commerce and digital retail channels in Vietnam is one of the top trends to watch: by 2025, Vietnam's e-commerce market size is expected to be second only to Indonesia in the Southeast Asia region. But it won't be easy for them, and already we have reports of some retailers leaving the market. As online shopping thrives in Vietnam, the e-commerce landscape is evolving quickly. The outlook for Vietnam's information and communication technology (ICT) market is strong at an average growth rate of 8 per cent during 2016 to 2020. By Nhat Duy Nguyen Social media users in Vietnam. Southeast Asia Cross Border E Commerce Market is expected to reach USD 12 billion in 2023, at a CAGR of 14.5%. By 2025, Vietnam's e-commerce market size is expected to be second only to Indonesia in Southeast Asia. behaviours. The arrival of COVID-19 caused Vietnamese e-commerce to accelerate in 2020. Express delivery service is a quick parcel delivery service for which the customer pays a considerable amount. Sales of groceries through e-commerce platforms grew by 30% in the 12 months to March 2017, according to the report "The Future of E-commerce in FMCG" by Kantar Worldpanel, published today.
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