E-commerce shapes new roles

Hoàng Văn Minh |

The fact that Vietnam continues to be in the group of 10 countries with the fastest e-commerce growth rate in the world, with a market size reaching 31 billion USD, is a positive sign.

However, what is noteworthy is not only the two-digit growth figures, but also the fact that Vietnamese e-commerce is gradually defining its role in the digital economy structure and the country's new growth model.

Reality shows that e-commerce today is no longer simply a convenient sales channel for consumers, but is becoming a wide open business space, where Vietnamese businesses access the market and learn how to compete directly with the world. And the story of Sunhouse selling goods on Amazon is a typical example.

Looking more broadly, e-commerce is gradually affirming its pillar position in Vietnam's digital economy. When market size accounts for about 10% of total retail sales of goods and consumer service revenue, contributing to two-thirds of the digital economic value, it can be seen that e-commerce is becoming closer to consumption, production, logistics and exports, becoming an important link in the digital economic value chain.

This change in role is also reflected in the policy, when the National Assembly recently passed the Law on E-commerce. The fact that this market has a clear legal framework not only helps protect consumer rights, limit trade fraud, but also creates a foundation for businesses to feel secure in long-term investment, brand building and expanding operations in the digital environment.

Another noteworthy point is that e-commerce is expanding the operating range for Vietnamese goods. Goods exported through digital platforms not only help domestic businesses shorten intermediate chains, reduce costs, but also allow product testing quickly on many different markets.

For small and medium-sized enterprises and individual business households, this is a viable path to participate in the global value chain, instead of standing outside the game as before.

Of course, as economic experts have pointed out, Vietnamese e-commerce still faces many challenges in logistics infrastructure, trade fraud and uneven digital capacity.

But these clearly identified "bottleneck points" also show that e-commerce is no longer developing spontaneously. This is a stage that requires more systematic investment in infrastructure, human resources and institutions, to link growth with efficiency and sustainability.

Looking to the 2026-2030 period, when e-commerce is identified as a pioneering field promoting digital transformation and sustainable growth, we can expect an important shift when this market shifts from growth based on speed to growth based on role.

At that time, entering the Top 10 in the world was not just a title, but a sign of the increasingly clear position of e-commerce in the Vietnamese economy.

Hoàng Văn Minh
RELATED NEWS

Domestic drugs increase market share, Vietnam's pharmaceutical industry enters a new growth phase

|

Domestic drugs are clearly increasing market share, becoming an important driving force to bring Vietnam's pharmaceutical industry into a new growth phase.

Eastern Ho Chi Minh City real estate market grows positively

|

Ho Chi Minh City - After the merger, the Eastern real estate market of the city recorded positive growth in all types.

Opening up new economic models to achieve the 10% growth target

|

To achieve the growth target of 10%, in the coming time, it is necessary to develop new economic models and new economic sectors.

Gold price today, December 29: Sudden drop

|

Gold price today, December 29: Domestic gold decreased by 900,000 VND/tael. World gold decreased by 19.4 USD/ounce.

The Ministry of Finance has transferred money to localities to deploy Tet gifts

|

The Ministry of Finance said that it has transferred funds for localities to implement giving Tet Nguyen Dan Binh Ngo 2026 gifts to subjects according to regulations.

Panko Vina Company workers return to work, waiting for regime settlement

|

Ho Chi Minh City - The Ho Chi Minh City Trade Union is coordinating with agencies and localities to resolve the case of workers at Panko Vina Co., Ltd. not working.

Social networks are not required to provide personal papers as an authentication factor

|

From January 1, 2026, social networks are not required to have personal papers to verify accounts and are not allowed to eavesdrop, read messages, or record without consent.

Brokers waiting to surf the waves at the land auction in Hanoi

|

Hanoi - The 33 land plot auction in Yen Lang commune on the morning of December 29 attracted nearly 100 participants.

Domestic drugs increase market share, Vietnam's pharmaceutical industry enters a new growth phase

Hà Lê |

Domestic drugs are clearly increasing market share, becoming an important driving force to bring Vietnam's pharmaceutical industry into a new growth phase.

Eastern Ho Chi Minh City real estate market grows positively

Thành An |

Ho Chi Minh City - After the merger, the Eastern real estate market of the city recorded positive growth in all types.

Opening up new economic models to achieve the 10% growth target

Thạch Lam |

To achieve the growth target of 10%, in the coming time, it is necessary to develop new economic models and new economic sectors.