Vietnam’s Online Commerce is Growing Fast

Vietnam’s Chamber of Commerce says e-commerce will grow to $6 billion over the next three years, and consumers will pay $2 billion online by 2015 as 30 million internet users get comfortable with online purchasing.

Vietnam’s trade ministry also is planning an import-export website starting next year to support the country’s textile, seafood, agriculture, wood, rubber, footwear, leather, steel, fertilizer, plastic and handicrafts industries.  The B2B website aims to find trading partners for small companies.

Vietnam currently has 9,300 business-to-customer and 3,000 business-to-business websites that account for $2 billion in revenue annually.  The majority of Vietnam’s Internet users seek out product  information online.  Even so, Vietnam e-commerce lags behind other parts of the world.

More on e-commerce growth in Vietnam and

Vietnam’s coming import-export website

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