Number Of Ecommerce Sites In Vietnam Doubles In 1 Year

Vietnamese ecommerce sales grew 37% and hit over $4 billion

According to the Vietnamese Ministry of Industry and Trade, twice the number of e-commerce websites were registered in 2015 than in 2014. With 10,000 new websites opened, their combined sales grew 37% to reach over 4 billion US dollars. With e-commerce growing everywhere around the country, the report also said that 62% of internet users bought something online last year up from 58% the year before. With an estimated 45% of the country using the internet, online sales are forecast to hit 10 billion dollars within the next five years. However, despite an increase in internet usage, e-commerce sales and with average amount spent up from $145 to $160, 91% of Vietnam’s online shoppers still use cash to pay for their order on delivery. 

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