Vietnam e-commerce is bound to grow and flourish

As the world’s largest coffee and rice supplier, Vietnam has great potential in export businesses. The domestic businesses are advised by the government to capitalize government’s initiatives in developing and expanding new markets, especially through e-commerce which can help them to reduce cost and improve competitiveness while expanding the business.

At the end of September 2012, the number of Internet user in the country was accounted about 35.59 per cent of its population which is 12 times higher than the number reported 9 years ago, and 10 per cent of them were involved in e-commerce. This creates a huge potential to the growth of e-commerce in the country.

According to the latest statistics gathered from a survey into export businesses on website B2B, the most popular items traded through e-commerce platform are food and beverages (24 per cent), agricultural products (18 per cent) and construction materials and housing estate (8 per cent). [Source: VOV]

by Alice Lee