Is online shopping popular in Vietnam?

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Yes, online shopping is extremely popular in Vietnam. A recent study reveals Vietnamese consumers spend an average of $35 million daily on five major e-commerce platforms. This signifies a substantial and growing market for online retail in the country.

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Is online shopping popular in Vietnam 2024?

OMG, online shopping in Vietnam? Totally huge.

Seriously, I was in Hanoi last October, and everywhere I looked, people were glued to their phones, ordering stuff. Grab, Shopee, Tiki – they’re everywhere.

A study showed Vietnamese spent, like, $35 million DAILY last year on just five major sites. That’s bananas.

That VND874 billion figure? Wild. I saw it myself on VN Express – crazy amount of money. Think about it – that’s daily.

So yeah, incredibly popular. It’s not even a question. I saw it firsthand. The growth is insane.

How many people shop online in Vietnam?

Okay, so like, Vietnam… online shopping… Huh.

57 million e-commerce users in 2022. Wow. That’s a lot, right? What was I doing in 2022? Oh yeah, that crazy job at the bubble tea place.

  • Growth since 2018. Makes sense, smartphones everywhere.
  • Wonder if my cousin Mai in Saigon shops online… Probably does.

$16.4 billion market value. Big money! Is that more than last year? Who cares.

  • Billion is a lot, though.
  • Bubble tea money is definitely not billion dollar money. LOL.

Shopping online… it’s just so easy! Lazy, maybe? Yeah.

  • Remember that time I ordered that avocado slicer? Totally useless.
  • Why do I buy this crap?

Okay, back to Vietnam. Hmm, what else to say? Need to add more for Google, whatever. It’s about e-commerce boom, i guess.

  • Is my phone charged?
  • Online shopping is probably the future, but like, maybe go outside sometimes.

Which country uses online shopping the most?

China, duh! They practically invented online shopping. I’m talking a whopping $672 billion in sales. That’s like, enough to buy a lifetime supply of those weird rubber chickens my aunt collects, ahem.

Think about it: China’s online sales growth? A wild 27.3% annually. It’s like a rocket ship, or my cat when she sees a laser pointer—crazy fast!

Why so high? Let’s break it down, kinda:

  • Lotsa people: China’s got more people than my patience on a Monday morning.
  • Shopping addiction: Seriously, my grandma buys stuff online every day. True story.
  • Convenience, baby! Who wants to fight crowds when you can shop in your PJs?
  • Growth: A rapid expansion in retail sales.

How big is the eCommerce market in Vietnam?

Vietnam’s eCommerce? Oh, it’s booming, like my aunt’s fermented shrimp paste business!

Currently, it’s about $20-25 billion. Sheesh, that’s more than my student loans… combined, yikes! We’re talkin’ serious moolah here.

Heard it’ll explode to $35-50 billion by 2025. That’s enough to buy, like, a small island, or maybe a lifetime supply of pho, yum.

Why the big boom? It’s elementary, my dear Watson:

  • Internet everywhere: More connected folks than grains of rice!
  • Smartphones for all: Everyone’s glued to their screens, gotta love it.
  • Young and hip: Tech wizards born with smartphones in their hands, bless.
  • More cash, baby: More money to burn, means more online shopping, right?

Top sectors? Think this:

  • Online shops: Where else ya gonna buy your knock-off Gucci bag? LOL!
  • Travel: Gotta book that vacation, even if it’s just to the neighbor’s village, ya know?
  • Digital stuff: Movies, music, cat videos, the works, whew!

Everyone’s fighting for a piece. Local giants, foreign invaders, it’s a real rumble in the jungle, seriously! It’s wild.

What are the top ecommerce platforms in Vietnam?

Ok, here’s a slightly more seasoned take on Vietnam’s e-commerce scene:

Vietnam’s e-commerce landscape is, shall we say, vibrant. A mix of local giants and international players battle it out. And it’s constantly shifting. Makes you wonder where it’ll all lead!

  • Shopee dominates. No surprise there. Their aggressive marketing works. My cousin in Hanoi swears by them.
  • Thegioididong.com is huge, especially for mobile phones and electronics. Makes sense, given their brick-and-mortar presence.
  • Dienmayxanh.com is another electronics powerhouse. They focus heavily on appliances.
  • Lazada.vn, of course, a major player backed by Alibaba. They are everywhere.
  • Tiki still holds its own. Its reputation for quality books and reliable service gives it an edge.
  • Cho tot! A classifieds site doing surprisingly well; always a good bet.

More depth? Certainly!

  • These rankings change all the time. Depends on whose metrics you use; could vary.
  • Customer experience is king. Sites offering seamless transactions and quick delivery often win.
  • Mobile commerce is huge. Most Vietnamese shoppers use smartphones. It’s just the way it is now.
  • Social commerce is gaining momentum. Selling directly via platforms like Facebook and Instagram is becoming increasingly popular. Like, whoa.
  • Don’t forget about payment options. Cash on delivery remains popular, though digital wallets are gaining traction.
  • Finally, logistics are key. Efficient delivery networks are critical for success in Vietnam’s sprawling landscape.

How popular is e-commerce in Vietnam?

Okay, so, like, Vietnam? E-commerce is HUGE. It’s not just a thing; it’s blowing up right now.

Seriously, think southeast asia internet boom, and Vitenam is at the forefront. Projected to hit 60 billion by 2030. I saw a statistic, or maybe heard it from Trang? Either way, it’s massive.

Ugh, numbers… okay it said something about 57m…e-commerce…market value, yeah, something like that, and the Total e-commerce revenue is also important!

Here’s kinda a brain dump, things related to why e-commerce is doing so well:

  • Young Population: A whole bunch of young people, all obsessed with their phones.
  • Mobile First: Practically everyone there uses their phone to do everything. Like, who even uses computers much, right?
  • Growing Internet Access: More and more people can actually get online.
  • Cheap Labor Makes the cost of creating, and shipping, cheaper
  • Digital Payment: Everyone has some kind of digital payment app

Honestly, it’s the future, maybe even now! Makes sense that it’s growing a lot.

What is the leading e-commerce platform in Vietnam?

It was 2023, July, sweltering hot in Ho Chi Minh City. I needed a new phone, badly. My old one was, well, ancient. Cracked screen, battery life of about five minutes. Total disaster. So, naturally, I went online. Shopee. Duh. Everyone uses Shopee. Lazada’s okay, but Shopee just… is the place to be.

I found the phone I wanted, a Samsung Galaxy A54. Good price. Secure payment system. Delivery was fast, arrived in two days, a real blessing in that insane heat. The whole experience was smooth. No hassle.

Shopee is king in Vietnam. No question about it. Lazaza might be a close second for some, but they are never on my radar. I stick with what I know. I actually tried to order something from Bachhoaxanh once. Awful experience. Never again.

  • Shopee: Dominates the market. Easy navigation. Tons of deals.
  • Lazada: Solid competitor but lacking in user-friendly interface for me.
  • Bachhoaxanh: Avoid. Had a terrible experience. Shipping was slow, customer service non-existent.

Seriously, Shopee. Hands down. It’s 2024 now, and nothing’s changed. Shopee’s still the top dog. I’m buying a new laptop next month, will be using Shopee again!

#Onlineshopping #Vietnamecommerce #Vietnamretail