Digital economy fuels new growth momentum in Vietnam: French daily

French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.

An article on Vietnam's e-commerce boom on Le Monde (Photo: VNA)
An article on Vietnam's e-commerce boom on Le Monde (Photo: VNA)

Paris (VNA) - From orders fulfilled within hours in Hanoi and Ho Chi Minh City to livestream sales drawing millions of viewers on social media, e-commerce is expanding at breakneck speed and steadily reshaping consumer behaviour in Vietnam.

French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.

In major cities, delivery riders ferrying towering stacks of parcels on motorbikes have become ubiquitous. Each morning, thousands of couriers converge on distribution hubs, load between 60 and 80 orders each, and fan out across urban zones. An increasingly efficient logistics backbone means many orders now reach buyers within just a few hours.

The online shopping surge has been turbocharged by mass smartphone adoption. Some 92% of online shoppers in Vietnam use mobile devices to place orders. For swaths of young consumers, buying everything from clothing and cosmetics to home appliances via apps is a daily habit.

The trend is forcing companies to retool their operating models. Scores of retailers are simultaneously expanding brick-and-mortar footprints and digital platforms to keep pace with demand.

Ahmed Wagih, Country Managing Director of L’Oréal Vietnam, said more than half of Vietnamese households now shop online. In the cosmetics segment alone, roughly half of all sales are transacted over the internet.

Experts single out social media as a primary accelerant behind e-commerce’s torrid expansion. Vietnam now counts around 70 million TikTok users and 85 million Facebook users. The fusion of social platforms, livestream selling sessions, and marketplaces like Shopee, TikTok Shop and Lazada has spawned a vibrant shopping ecosystem in which consumers discover products, haggle with sellers and complete purchases inside a single app.

Joëlle de Montgolfier, an expert at consultancy Bain & Company, said Vietnam is entering a “second generation of commerce”, with e-commerce at its core, a trajectory that diverges from the path many Asian markets took in the past, when global retail groups relied heavily on supermarket chains and shopping malls for expansion.

Vietnam’s digital economy authorities forecast the sector can sustain annual growth of about 20% through 2030.

While companies keep a close watch on energy prices and inflation’s bite on household spending, observers see considerable runway ahead, underpinned by a population exceeding 100 million, rapid urbanisation and one of the region’s highest internet penetration rates./.

VNA

See more

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats from now until August 16 to meet peak summer travel demand. (Photo: VNA)

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats

Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), will provide nearly 5.5 million seats on domestic routes from now until August 16 to meet peak summer travel demand, including around 2.2 million seats offered at promotional fares on various routes.

A pepper farm in Gia Lai province (Photo: VNA)

Vietnam’s pepper exports jump 21.7% in volume in five months

May shipments, however, totaled 25,180 tonnes worth 166.2 million USD, down 18.9% by volume and 13.9% by value from April, and 4.8% lower in volume from a year earlier. Major exporters reported declining shipments, underscoring a sector-wide pullback.

Representatives of Vietrade and TFO Canada discuss a new cooperation project for 2026–2030. (Photo: VNA)

Vietnam, TFO Canada move towards strategic trade partnership

Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.

Aircraft at Noi Bai International Airport. (Photo: VNA)

Hanoi bets on aviation network to power economy

The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.

Green SM Global CEO Nguyen Van Thanh and Haryana's Minister of Industries and Commerce Rao Narbir Singh, together with delegates, press the button to officially launch the service. (Photo: VNA)

Vietnamese electric taxi service launched in India

The launch of Green SM Limo in India further expanded the company’s international footprint and brought its all-electric mobility model and service standards, already established in several markets, to users in one of the world’s most dynamic economies.

At the Vietnam – Cambodia - Laos border trade connectivity conference (Photo: VNA)

Vietnam, Cambodia, Laos promote border trade connectivity

The Mekong Delta spans more than 40,500 sq.km, holds roughly 18 million people and shares a nearly 386km border with Cambodia, making it a key gateway to the Greater Mekong Sub-region. An Giang has emerged as a major agro-fisheries hub, with seaports and strategic trade hubs delivering maritime advantages and creating a seamless corridor to Cambodia and beyond.

Delegates at the opening ceremony of the fifth Vietnam Fruit Week 2026. (Photo: VNA)

Fifth Vietnam Fruit Week 2026 opens in Dong Thap

Vietnam Fruit Week 2026 is being held simultaneously at GO!, Tops Market and mini go! supermarkets nationwide from June 4–7, offering discounts of up to 50% on dozens of fruit products, alongside promotional activities and livestream sales programmes.

Data from Batdongsan.com.vn shows that buyers purchasing apartments for short-term speculation now account for only around 4 per cent of the market. (Photo: VNS/VNA)

Hanoi apartment boom loses momentum

Hanoi’s once red-hot apartment market is showing clear signs of cooling, with slowing liquidity and cautious buyers forcing many short-term investors to retreat after years of rapid gains.