Vietnam’s E-commerce will reach US$1.3 billion by 2015

Mon, May 27, 2013: A recent survey conducted by Vietnam E-Commerce and Information Technology Agency (VECITA) on 47 e-commerce exchange centers that registered with them, found that the total revenues of local e-commerce deals last year was VND7 trillion (RM1.02 billion), the Tuoitrenews reported.

The survey also revealed that the number of non-cash payment was reduced 11.8 per cent in 2012. VECITA expects that the total value of Vietnamese e-commerce market will reach US$1.3 billion (RM3.94 billion) by 2015 from US$700 million (RM2.12 billion) in 2012.

Author: Terry KS

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