English     |     Español     |     Français
Exporting to Canada - Experts in trade for developing countries - TFO Canada
HIDE
  
Sign In or Register
Username:     Password:
 
Remember me   Forgot password?
Not a member? Register here
Not a member? Register here    
Home > About TFO Canada > News

Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Vietnam's e-commerce to grow 35 pct in 2019: report

Friday, March 08, 2019 > 15:08:17
Print


HANOI, March 6 (Xinhua) -- Germany-based market research company Statista said e-commerce revenue in Vietnam reached 2.26 billion U.S. dollars in 2018, up 30 percent against 2017, and is expected to grow 35 percent this year, Vietnam News Agency reported on Wednesday.



Last year, Vietnam ranked sixth among the 10 biggest e-commerce countries in the world after China, the United States, the United Kingdom, Japan and Germany, according to Statista.



With the development of the Fourth Industrial Revolution and digital age, e-commerce has created a new playground for businesses to develop. More and more domestic firms are providing e-commerce services.



However, there has been trade fraud, counterfeit goods and violations of intellectual property rights, said Vietnamese Deputy Minister of Industry and Trade Dang Hoang An.



Some e-commerce websites use images of genuine goods for sale of substandard or fake products at much lower prices, and use social media accounts to sell smuggled items such as cigarettes.



By the end of 2018, Vietnam, with a population of nearly 94.7 million, had roughly 13 million fixed broadband internet subscribers, and 129.9 million fixed and mobile phone subscribers, including 125.6 million mobile phone ones, according to the country's General Statistics Office.


Contact TFO Canada
Meet Our Supporters
TFO Canada
130 Slater Street
Suite 400
Ottawa, Ontario
CANADA   K1P 6E2
T 1.613.233.3925
F 1.613.233.7860
Canada Toll-Free:
1.800.267.9674

TFO Canada on YouTube
 
© TFO Canada   |   Sitemap   |   Terms & Conditions   |   Privacy Policy   |   Contact Us