We are creating some awesome events for you. Kindly bear with us.

Vietnam E-Commerce Revenue Expands by 15% in 2022

Vietnam’s e-commerce revenue in 2022 grew by 15% compared to last year, according to recent reports. Last year, revenue saw year-on-year growth of 16%, reaching US$ 13.7 billion. Experts had predicted Vietnam’s e-commerce market would see a rapid and stable growth rate at double digits during the 2016-25 period.

Although Vietnam’s economy was heavily impacted by the COVID-19 pandemic in 2020, its e-commerce revenue still grew by about 15% to US$ 13.2 billion, compared to 2019. This year, the Vietnam E-commerce White Paper said that in 2021, Vietnam’s economic growth was only 2.58%, the lowest in the past 30 years. In that context, the country’s e-commerce revenue still maintained a growth rate of 6%.

In September, OpenGov Asia reported that Vietnam’s e-commerce value will reach US$ 39 billion by 2025. The total revenue of Vietnam’s Internet economy is forecast to reach US$ 57 billion by 2025. Vietnam has the second highest percentage of consumers shopping online in the region, after Singapore. The country’s B2C retail e-commerce revenue this year is estimated at US $16.4 billion.

With the sudden and significant change in online shopping habits in Vietnam, its e-commerce activities as well as trade promotion activities in the online environment continue to maintain rapid and sustainable development. Vietnam now has 70,000 digital technology firms, three years ahead of the target set for 2025. The number of digital enterprises in Vietnam increased from 45,600 in 2019 to 68,800 in September this year.

However, many enterprises with quality goods and products now still do not know how to use information technology as well as e-commerce or are not ready to carry out trade promotion activities on different online platforms. This is a weakness of many Vietnamese enterprises. The government has arranged several events and launched many initiatives to upskill and train enterprises in emerging technologies and their abilities to transform business operations.

Earlier this month, the government organised the Make in Vietnam Forum 2022, a national forum on the development of digital technology enterprises. It is one of the biggest annual events for Vietnam’s digital technology industry. It attracted about 1,000 delegates, including experts, domestic and foreign technology enterprises, and start-ups in the field of technology in Vietnam. Businesses from the Republic of Korea and Singapore attended online.

At the event, Deputy Prime Minister Vu Duc Dam urged digital technology enterprises to join hands and stay united to seek digital solutions to serve the government and people. Minister Long affirmed that digital businesses should help turn Vietnam into a developed country by 2045. Businesses must turn digital technology into an important driving force for creativity and innovation. The digital technology industry is a driver of Vietnam’s economy. Its revenue is estimated to reach about US$ 148 billion in 2022, marking a year-on-year increase of 10%, OpenGov Asia reported earlier.

The Deputy Minister of Information and Communications, Pham Duc Long, had noted that MIC will consider changing institutions to better support the development of digital businesses. The Ministry will accompany the Ministry of Education and Training to develop human resources, making it a core factor in the national digital transformation process. MIC will also work with the business community to further explore the domestic market and then enter foreign markets.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend