Vietnam leads Southeast Asia in e-commerce sales
Vietnam leads Southeast Asia in e-commerce sales, with massive numbers of online purchases and monthly deliveries.
The country reached 104 points in terms of annual number of purchases, far ahead of the region's average index and Thailand, which held the second position, with 66 points and 75 points respectively, according to the E-commerce Southeast Asia Barometer 2021 report by logistics companies Ninja Van and DPD Group.
Singapore-based Ninja Van engages in last mile logistics and package delivery. Photo courtesy of the company.
About 76% of Vietnamese survey respondents think that online shopping saves money, with the most purchased categories being fast-moving consumer goods, fashion, and shoes.
Vietnamese and Malaysian shoppers lead in terms of parcels received in a month, averaging 7.1, followed by Thailand and Indonesia with 6.8 and 6.5 respectively. The region's average is 6.5, according to the report.
The survey also found that delivery, the final stage of online shopping, has a significant influence on overall customer experience.
A total of 85% of Vietnamese respondents said it is important to know which delivery company will receive their parcel, while 26% of them rated free delivery as a key driver for buying online. The combination of innovative promos and free delivery has proven to be a successful tactic of e-commerce platforms.
Since Covid-19 first occurred in late 2019, 70 million people have become e-shoppers in Southeast Asia. The number is expected to climb to 380 million by 2026, the report added.
Ninja Van Group, a leading tech-enabled logistics company in Southeast Asia, and DPD Group released their first E-commerce Southeast Asia Barometer Report 2021 on April 11. The study was conducted in six countries, namely Singapore, Malaysia, Philippines, Indonesia, Thailand, and Vietnam, with over 9,000 participants. It highlighted online shoppers’ buying habits and desired shopping experience, from purchase to delivery.
Ninja Van Group has delivered around 2 million parcels per day across Southeast Asia over the past 12 months, indicating massive regional growth.
- Read More
Real estate developer Phat Dat’s “geographical edge” from HCMC expansion: From strategic core to new growth driver
The merger of Binh Duong and Ba Ria-Vung Tau into Ho Chi Minh City is ushering in a new chapter for the southern real estate market, and Phat Dat Real Estate Development Corporation is seen as one of the top beneficiaries poised to capitalize on this timely opportunity.
Real Estate - Sun, August 10, 2025 | 2:02 pm GMT+7
Vietnam’s garment, wooden furniture exports to US likely to slow: official
From now until late 2025, and possibly into the first half of 2026, some Vietnamese exports to the U.S may struggle to sustain the rapid growth seen in the first six months of this year, said Vu Ba Phu, director of the Trade Promotion Agency under the Ministry of Industry and Trade.
Economy - Sun, August 10, 2025 | 1:27 pm GMT+7
Vietnam port operators dock strong quarter
Many port operators in Vietnam logged strong Q2/2025 net profit, and analysts said that the sector has potential to sail further.
Companies - Sun, August 10, 2025 | 10:21 am GMT+7
Vietnam's Party chief To Lam leaves for state visit to South Korea
Vietnam's Party General Secretary To Lam and his spouse Ngo Phuong Ly departed from Hanoi on Sunday morning for a four-day state visit to South Korea, at the invitation of President Lee Jae Myung.
Politics - Sun, August 10, 2025 | 9:15 am GMT+7
Japan’s Sumitomo eyes LNG power plant in central Vietnam
Sumitomo Corporation is exploring the development of an LNG-to-power plant in Vietnam’s central coastal province of Khanh Hoa, part of its push into the country’s new energy sector.
Energy - Sun, August 10, 2025 | 8:00 am GMT+7
Brazilian meatpacker JBS to build 2 plants in Vietnam
Brazilian meat giant JBS S.A. will invest in two export-oriented food processing plants in Vietnam following a plan first announced in March.
Investing - Sun, August 10, 2025 | 12:28 am GMT+7
Vietnam's benchmark VN-Index likely to reach 1,800 points next year: broker
Despite potential short-term volatility from increased profit-taking pressure following a high-margin phase in late July, Vietnam’s benchmark VN-Index is expected to reach the 1,750-1,800 point range in 2026, according to leading broker Saigon Securities (SSI).
Finance - Sat, August 9, 2025 | 6:22 pm GMT+7
Mobile World to list mobile phone, electronic home appliance chains by 2030
Mobile World Investment Corporation (MWG), a leading retailer in Vietnam, plans to conduct an IPO of and list its core retail chains The Gioi Di Dong (mobile phones) and Dien May Xanh (electric and electronic home appliances) by 2030.
Companies - Sat, August 9, 2025 | 6:04 pm GMT+7
Vietnam officially grants visa-free entry to high-profile foreigners
The Vietnamese Government has introduced a limited-term visa waiver scheme for foreign nationals who are "prioritized for the sake of the country’s socio-economic development".
Politics - Sat, August 9, 2025 | 11:32 am GMT+7
VinEnergo launches rooftop solar, battery storage projects in central Vietnam
VinEnergo Energy Joint Stock Company has signed MoUs to install rooftop solar power systems integrated with battery energy storage systems (BESS) with the VinFast automobile plant and two battery factories in the central province of Ha Tinh.
Companies - Sat, August 9, 2025 | 10:21 am GMT+7
Indonesia doubles lithium imports to boost EV battery production
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realize its ambition of becoming a global EV manufacturing hub.
Southeast Asia - Sat, August 9, 2025 | 10:18 am GMT+7
Optimism rises for Thailand’s economy after US tariff cut
Thailand’s private sector has lifted its 2025 GDP growth forecast to 1.8-2.2%, up from the previous 1.5-2%, following the U.S. decision to reduce import tariffs on Thai goods from 36% to 19%.
Southeast Asia - Sat, August 9, 2025 | 10:16 am GMT+7
Foreign investors make up 4.27% of Vietnamese G-bonds trading value in July
Foreign investors accounted for 4.27% of the total trading value of Vietnamese government bonds (G-bonds) in July, with net buying at VND298 billion (nearly 11.4 million).
Finance - Sat, August 9, 2025 | 10:08 am GMT+7
Vietnam developer Taseco Land plans private share placement following HCMC bourse debut
Shortly after its listing on the Ho Chi Minh Stock Exchange (HoSE) as TAL, Taseco Land, a subsidiary of Vietnam’s conglomerate Taseco Group, is seeking shareholder approval for a private share placement targeted at professional investors.
Companies - Sat, August 9, 2025 | 8:00 am GMT+7
Vietnam aims to finalize negotiations for Ninh Thuan 1 nuclear power plant by August
The Vietnamese government targets completing negotiations for Ninh Thuan 1 nuclear power plant in former Ninh Thuan province (now Khanh Hoa) by August 2025, and for Ninh Thuan 2 by May 2026 at the latest.
Energy - Fri, August 8, 2025 | 4:18 pm GMT+7
Software giant SAP invests $175 ml in R&D center in Vietnam
German software heavyweight SAP has officially launched a research & development center in Vietnam, with plans to invest more than €150 million ($175 million) over the next five years.
Industries - Fri, August 8, 2025 | 3:43 pm GMT+7
