Vietnam ranks among the countries with the fastest e-commerce growth rates in the world. Many Vietnamese businesses engaged in cross-border e-commerce have been leveraging support from digital platforms to reduce costs and scale up their global market reach effectively.

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.

Vietnam has enjoyed an increase in exports via e-commerce in recent years, with many micro-, small- and medium-sized enterprises (MSMEs) are in a prime position to reap significant benefits from the rapid growth of the e-commerce sector.

More than 10 Vietnamese enterprises are showcasing their products at the 41st India International Trade Fair (IITF), the biggest of its kind in South Asia, which began in New Delhi on November 14.

Online B2C transactions to Europe will be subject to value added tax (VAT) from July 1, the Vietnam Trade Office in Belgium and European Union (EU) has said.

Since its launch a decade ago, the “Vietnamese people prioritise Vietnamese goods” campaign has gained significant achievements. Local producers have improved their product quality.

After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to the country's socio-economic growth.