Why Sell into Vietnam?
Vietnam’s ecommerce market was worth $5 billion in 2019, rising by 81% since 2015, and is predicted to reach $23 billion in 2025. Driving Vietnam’s ecommerce growth are progressive government policies, increased middle-income, tech-savvy consumers, and fast-growing internet usage. Online merchants would be wise to consider Vietnam for revenue growth as there is still room for internet access and online shopping to grow.
Revenue in the ecommerce market is projected to reach $6 million in 2020 and expected to show an annual growth rate of 7.7%, resulting in a projected market volume of $8.7 million by 2025. The market’s largest segment is electronics and media with a projected market volume of $1.6 million in 2020.
Localized Shopping Experiences in Vietnam
Available Product Categories
Digital
Physical
Logistics Support for Vietnam
Our global logistics solution works in concert with your existing supply chain. No need to secure new carriers and warehouses. Gain faster, more economical shipping options to reach new customers around the globe.
Cross-border shipping
Landed cost guarantee
Popular payment types in
Vietnam
Cards are the most popular payment method in Vietnam, used for 34% of transactions. Digital wallets are predicted to be the faster-growing payment method.
Southeast Asia was already a fintech and an ecommerce hub, but has seen a resounding increase in the speed with which the region accelerated toward online payments in ecommerce, riding the trend created by the Covid-19 pandemic swiftly into establishing a cashless society as the new norm.
Available payment types for Vietnam
Payment methods for Vietnam