Vietnam’s e-commerce revenue in 2022 maintained an increase of about 15% compared to last year, according to the Vietnam E-commerce Association (Vecom).
Vietnam's e-commerce market is forecast to see a fast and stable growth rate at double digits during 2016-2025. (Photo: tapchitaichinh.vn)
Hanoi (VNS/VNA) – Vietnam’s e-commerce revenue in2022 maintained an increase of about 15% compared to last year, accordingto the Vietnam E-commerce Association (Vecom).
Last year, revenue saw on-year growth of 16% to 13.7 billion USD, theassociation said.
Vietnam’s e-commerce market has been forecast to see a fast andstable growth rate at double digits during the 2016-25 period.
Although Vietnam’s economy was heavily impacted by the COVID-19 pandemic in2020, its e-commerce revenue still grew by about 15% to 13.2 billion USD comparedto 2019.
The Vietnam E-commerce White Paper in 2022 said that in 2021, Vietnam’seconomic growth was only 2.58%, the lowest in the past 30 years. In thatcontext, the country’s e-commerce revenue still maintained a growth rate of 6%to 13.7 billion USD.
With the rapid change in online shopping habits in Vietnam, its e-commerceactivities as well as trade promotion activities in the online environmentcontinue to maintain rapid and sustainable development.
However, many enterprises with quality goods and products now still do not knowhow to use information technology as well as e-commerce or are not readyto carry out trade promotion activities on different online platforms. This isa weakness of many Vietnamese enterprises.
Using information technology and e-commerce in business activities is an urgentrequirement for all enterprises to achieve the goal of national digital transformation.
Therefore, a fair on connecting trade and promoting trade in e-commerceapplications (Ecommerce Expo 2022) is held by the Vietnam E-commerceAssociation from December 16, 2022 until January 1, 2023.
At the one-month fair, online exhibitions are combined with traditionalexhibitions to create opportunities for manufacturing and service enterprisesin expanding their business activities.
Ecommerce Expo 2022 is held to promote the introduction of products andservices of e-commerce businesses to domestic manufacturing enterprises.
This event also creates opportunities for bilateral or multilateral exchangesand cooperation among enterprises in providing e-commerce promotionsolutions to manufacturing enterprises.
During the fair, a forum on digital transformation activities is organised toattract the participation of about 150-200 guests./.
An e-commerce app for Vietnam’s mechanical industry has been officially launched with the expectation of bringing digital transformation closer to people's lives.
The General Department of Taxation (GDT) on December 15 officially operated its e-commerce information portal and launched electronic invoices from cash register.
The Southeast Asia Economic Report 2022 by Google, Temasek & Bain shows that the total number of ASEAN internet users has increased by about 20 million people from 440 million in 2021 to 460 million in 2022.
Next-generation e-commerce platform Shopdi, equipped with blockchain, virtual reality, artificial intelligence, and Big Data technologies, was launched in Ho Chi Minh City on December 22.
With its own capabilities and the close, experienced partnership of the International Atomic Energy Agency (IAEA), Vietnam is well-positioned to pursue its first nuclear power plant that meets the highest international safety standards. Ambassador Vu Le Thai Hoang, Permanent Representative of Vietnam to the United Nations and International Organisations in Vienna, Austria, talked to the Vietnam News Agency about the country’s deepening cooperation with the International Atomic Energy Agency (IAEA) in applying nuclear technology for peaceful purposes.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.