With such strong business background, Uniqlo is going to penetrate Vietnam's retail market by 2019.
Vietnam Online Entertainment & Services booking market has attained small but significant growth in overall e-commerce market. By 2025, Vietnam's e-commerce market size is expected to be second only to Indonesia in Southeast Asia. There were 145.8 million mobile .

(Vietnam), E-commerce market value in Vietnam from 2014 to . According to the Ministry of Economy, Trade and Industry's "Development of Infrastructure for Data-Driven Society in Japan in 2018 (Market Survey on Electronic Commerce)" released on May 16, 2018, the e-commerce market has been expanding steadily.

This growth is motivated by increasing internet access, a relatively young population, and an expanding number of local businesses opting for e-commerce as a distribution channel. High economic growth, increasing domestic manufacturing, the rise in consumption, and booming e-commerce are some of the key drivers of the Vietnamese freight and logistics market.

In Vietnam, national legislations that restrict infant formula promotion has been passed down in recent years. However, a great e-commerce strategy does not guarantee success.

Five year forecasts of market trends and market growth. The government's five-year transformation strategy aims to have over half of the 96 million population shopping online by 2025 - a trend only accelerated by the pandemic.

B2C E-Commerce Market Overview . Vietnam is considered to be one of the fastest growing eCommerce marketplaces in Southeast Asia with an average annual . Some key elements are natural barriers of the Modern Trade development in Vietnam. Vietnam's fast-growing retail market A fast-growing retail market in the region Modern trade penetration: Potential for growth E-commerce penetration on the rise Key trends to watch: Focus on brands, shift to modern retail formats, consolidation of key players 3. Southeast Asia Cross Border E Commerce Market is expected to reach USD 12 billion in 2023, at a CAGR of 14.5%. Due to national lockdown and ongoing social distancing, many more consumers were doing their shopping online.

The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 38.1% during 2021-2028.

According to the 2019 Global Digital Report released by We Are Social and Hootsuite in January 2019, an average Vietnamese spends 6 hours and 42 minutes a day online .

Medium to long term growth story of BNPL industry in Vietnam remains strong. The global fashion ecommerce industry was expected to decline from $531.25 billion in 2019 to $485.62 billion in 2020. Thus, Vietnam has been and is becoming one of the rising markets in the e-commerce industry in Southeast Asia. This has translated into a strong market for private institutions and vocational schools and services. the World Bank expects their economy to continue to grow in 2021 by 6.6%, however, the number of households reporting a drop .

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Henceforth, the market size has grown to 4.4 trillion dong (US $189.8 million) - approximately 18% growth in terms of cumulated revenue, in which the number one position belongs to Family mart, Circle K and B's Mart with 21.4%, 20.7%, and 9.6% market share respectively. The industry is growing at a CAGR of 16.5%, much lower when compared to neighbors like Indonesia (20.6%), India (24.8%) and the Philippines (21%).

For instance, according to the Vietnam e-commerce and Digital Economy Agency (IDEA), the Vietnamese e-commerce market is expected to reach $23 billion by 2025. Cosmetics Design Asia. Moreover, increasing consumer preference toward faster delivery of goods has made express delivery services a key differentiator among larger e-commerce players as well as emerging startups. Vietnam e-commerce market size Ecommerce in Vietnam is currently a growing market in Southeast Asia, which has witnessed an impressive expansion . With fierce competition between local and foreign companies, both in traditional retail and e-commerce, here is some information to navigate the market and understand fashion buyers' consumer behaviors. In this report, we explore the drivers of growth in Vietnam's retail sector, and take a look at Fueled by the growing middle class, the fashion and garment industries are booming in Vietnam.

In 2015, eCommerce in Vietnam was worth $4 billion, but it is expected to rise 20 percent per year to reach US$10 billion by 2020, according to Vietnam E-Commerce Association. The forecasted market size of e-commerce logistics for 2020 was at 268.8 . Up to 91 percent of the new users in Vietnam said they would continue using e-commerce platforms, even after the pandemic. The analysts estimated that half of Thailand's e-commerce GMV was already made up of social commerce in 2020, as was 38 . The company's Digital Market Outlook (DMO) study found that almost 50 million people in Vietnam bought consumer goods online in 2018, spending a combined USD $2.2 billion.. The iMUSE yoghurt & lemon flavoured drink contains lactococcus lactis strain plasma which the firm claims to have immune functionality to fight infectious disease in the country. The concept of online entertainment has become prevalent since the rise in internet penetration in Vietnam, owing to the emergence of various websites offering online booking of movie and event tickets as well as .

Vietnam e-commerce, though small in size, is among top growing e-commerce markets globally. A study found that Vietnam's e-commerce market is likely to reach US$15 billion by 2025, up from 2.8 billion in 2018. Shopee has become the leading Vietnam e-commerce market player, followed by Lazada and Tiki. The Deodorants in Vietnam report includes: Analysis of key supply-side and demand trends. The arrival of COVID-19 caused Vietnamese e-commerce to accelerate in 2020. Internet Economy Market Size, in USD billion, by Categories, incl.

Social media users in Vietnam. According to experts, trade volume via e-commerce reached $4.07 billion in 2015, hit $5.1 billion in 2016 and $6.2 billion last year. Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report Font Size: | In the annual SYNC Southeast Asia report which looks at the digital economy in the region, the two big market observers said located in a vibrant part of the world, Vietnam is at the forefront of driving change and seizing opportunities to thrive . Indeed, the rise of e-commerce and digital retail channels in Vietnam is one of the top trends to watch: by 2025, Vietnam's e-commerce market size is expected to be second only to Indonesia in the Southeast Asia region. The negative compound annual growth rate (CAGR) of -8.59% is largely due to the coronavirus pandemic. The Map of E-commerce in Vietnam report published by Iprice Insight, ranks the top 50 Vietnam e-commerce market players based on their average quarterly traffic, mobile application ranking, social media followers and number of staff, using data collected in July.

Market size reached $11.8 billion, accounting for about 5.5% of total retail sales of consumer goods and services nationwide. Objective Vietnam is considered the fastest-growing digital economy in the region in which e-commerce is extraordinary dynamic with support from both domestic and foreign investors. Internet Economy Market Size, in USD billion, by Sector, 2015, 2018e & 2025f Retail E-Commerce Sales, in USD billion, 2018 & 2023f E-Commerce Share of Retail Sales, in %, 2019f According to the Department of E-Commerce and Digital Economy under the Ministry of Industry and Trade, Vietnam's e-commerce in 2020 increased by 18% - the highest level in the region. ; Facebook maintains a significant share, particularly amongst older users, while across all age groups there has been an increase in confidence when it comes to buying from brands' official websites. According to a recent report published by Allied Market Research, titled, "Vietnam Mobile Payment Market by Type, Mode of Transaction, End User, Application, and Type of Purchase: Opportunity Analysis and Industry Forecast, 2020-2027," the Vietnam mobile payment market size was valued at $250 billion in 2019, and projected to reach $2,732 billion by 2027, growing at a CAGR of 30.2% from .

Lazada puts pedal to the metal in e-commerce revolution. But it won't be easy for them, and already we have reports of some retailers leaving the market.

Thailand's business-to-consumer e-commerce market has been growing steadily since 2017, and is now worth THB860 billion (US$27.7 billion). Dublin, Oct. 25, 2021 (GLOBE NEWSWIRE) -- The "Vietnam Express Delivery Services Market by Application, End Use, and Destination: Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Vietnam's e-commerce market size is expected to be US$3,385 Million in 2020. Vietnam EC market 2020 1. Social and M-Commerce contribute to B2C E-Commerce growth . The Vietnamese eCommerce market is worth an estimated $173 billion, of which B2C eCommerce businesses selling physical goods, account for about 3.4% or $6 billion.

Shares ranged from around a quarter in Indonesia to two thirds in Vietnam. In 2018, the size of the e-commerce market for consumers in Japan will increase by 8.96% year on year to ¥ 17,984.5 . Vietnam B2C E-Commerce Market 2019 Vietnam B2C E-Commerce Market 2019 New report from yStats.com suggests continued expansion of online retail in Vietnam - Market research report and industry analysis - 12601930 . Japan E-Commerce Market. The value of Vietnam's e-commerce market has increased by at least a quarter every year since 2017. However, the market is set to recover and hit $672.71 billion by 2023. Express delivery service is a quick parcel delivery service for which the customer pays a considerable amount. Experiencing a rapid growth in the tourism industry, Vietnam could become a regional leader in the coming years. • Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and . Besides difficulties and challenges, Vietnam's logistics industry is facing many opportunities from free trade agreements and the strong development of e-commerce.

2018.3 By 2025, e-commerce is predicted to be worth US$102 billion - making up more than 40 per cent of the total value of the region's internet economy. Robust and transparent research methodology, conducted in-country. Growth is expected to continue at a compound annual growth rate (CAGR) of 7.7 percent to 2023.
Drivers for Vietnam's education sector. The number of social media users in Vietnam increased by 5.7 million (+9.6%) between April 2019 and January 2020.

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