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online shopping in vietnam statistics

online shopping in vietnam statistics

– In 2018, for every $10 spent globally, $1 was spent online. Please authenticate by going to "My account" → "Administration". facts. Ivy, Su, Xi and the rest of the staff provided … New, Figures and insights about the advertising and media world, Industry Outlook Shopping Begins Online. Shopping in Vietnam The 10 Things You Must Know to shop in Vietnam. Cash-on-delivery (COD) remains the most common payment method among Vietnamese online customers, according to the news source. The conference also noted that customer satisfaction rose from 29% in 2013 to 54% in 2017. You need a Single Account for unlimited access. Online shopping is very popular in the EU. 5. Vietnam Online 2016: Internet, Mobile, Social Media Networks, Messaging, Ecommerce and Video Usage. Survey information • Vietnamese Fashion Online Shopping • 300 male / female Vietnamese above 18 years old those who have purchased fashion products online in last 12 month • Conducted on Dec 1st, 2014 – Dec 4th, 2014. Great for regular online shopping – with Amazon Prime your shipping costs are sorted for the year; Huge variety of products all in one place; Go to Amazon's website. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Average Daily Time Spent Online Among Internet Users in Vietnam, 2015 (% of respondents) Vietnam’s Internet Penetration Is Driven by Mobile Phones 48% of fashionistas are young and single women. This also implies that the Vietnamese market will maintain growth in the near future. The ideal entry-level account for individual users. Vietnam’s rate of direct access to e-commerce websites and apps was 45 percent last year, much higher than the world average of 27 percent, according to a report by Malaysian market research firm iPrice. Ho Chi Minh City. A paid subscription is required for full access. Vietnam is ranked 164 th by the World Bank GDP per capita rankings. Please create an employee account to be able to mark statistics as favorites. Made an online purchase via mobile device – 58% . Over 75% of people are shopping at least once a month online. The company’s Digital Market Outlook (DMO) study found that almost 50 million people in Vietnam bought consumer goods online in 2018, spending a combined USD $2.2 billion.. Purchased a product or service online (any device) – 75%. Statista forecasts that consumers worldwide will spend up to $4.8 trillion online in 2023. During a conference on e-commerce in Vietnam, Deputy Chairman of the Ministry of Industry and Trade Cao Quoc Hung said that 30% of shoppers in Vietnam will buy their goods online by 2020, CafeF reports. During a conference on e-commerce in Vietnam, Deputy Chairman of the Ministry of Industry and Trade Cao Quoc Hung said that 30% of shoppers in Vietnam will buy their goods online by 2020, CafeF reports. Shopping malls outnumber high schools in America. Subscribe and get 10% off. E-shopping growing steadily, with the biggest increase among young internet users. Corporate solution including all features. The online shopping trend is growing so rapidly in Vietnam that it is forecast 30 percent of the population will be buying goods and services over the internet by 2020, according to the Vietnam E-Commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade. Let’s begin with some general online shopping statistics to give … TIKI: Tiki e-commerce online shop is another Vietnam online shop and one of the competitors in the Online market shop. Whether you’re looking for the latest tech releases, top-trending fashion styles or stocking up on health and beauty products, Lazada has all you’re after and more. 69% shop online at least monthly. But, understanding the behavior of consumers shopping online can help you create a digital strategy for your business. Saigon Centre. Directly accessible data for 170 industries from 50 countries Google Shopping ad spend was up 43% YoY in Q4 of 2018, making the quarter the fastest growth rate in two years. Let’s get started. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook 3. ; Malls are for tourists and people of money. UPDATED AUGUST 2020 . Many legacy brick-and-mortar chains are struggling to stay open. ), violent crimes (being mugged or robbed, being attacked or insulted), corruption and other crimes. Then you will be able to mark statistics as favourites and use personal statistics alerts. Vietnam E-commerce Association (VECOM) predicted that the country’s e-commerce market can reach US$10 billion within the next five years. Shopee is the leading e-commerce online shopping platform in Southeast Asia and Taiwan. Best Online Store in Vietnam. Online shopping trends: Facts & figures on Indian e-comm sector. Lazada Group was founded in 2012 and it’s the largest online shopping site in Southeast Asia, with a seller portal that acts as a marketplace to complement the already broad range of shopping categories and increase price competitiveness. Consumers in Vietnam spent roughly US$6 billion on online purchases in 2018, more than US$1 billion higher than the total for the previous year. New, Everything you need to know about the industry development, Find studies from all around the internet. While the covid epidemic has stopped Saigoneers from international exploration, we can still take culinary journeys here in Saigon, for one night at least. By then, each consumer will spend an average of US$350 shopping online annually. Thus, many experts recommended that policies and regulations regarding e-commerce need to be updated, especially when it comes to the protection of personal data and resolving online conflicts. Digital User Insights. 33% of Americans shop online at least once per week. In, iDea, und Ministry of Industry and Trade (Vietnam). Visited an online retail store on the web (any device) – 88%. Made an online purchase via laptop or desktop – 44%. Their main objective is to provide high quality, rare asian food/oriental food/products and asian groceries. In 2018, apparel accounted for 65% of the market, followed by footwear (25%) and bags and accessories (10%). Nearly 30 percent of Vietnam’s population shopped online between 2016 and 2020, with yearly sales being around $350 per … Whenever perusing through Vietnam’s local markets, art galleries, and craft centres, it’s wise to take your time searching for good Vietnamese souvenirs and gifts for your family and friends. Online shopping vs in store shopping is a debate that became prevalent over the past few years, mostly due to the advent of online stores. Statista puts the number of Vietnamese ecommerce shoppers even higher. Online retailer with wide range of Asian groceries. – One-third of the global population, or 1.92 billion people, shop online. Syrena Shopping Center Hanoi Since its opening in early 2008,Syrena which is situated in the heart of West lake area has been known as a preferred choice for expatriates living in Hanoi.Consisting of a Shopping Center and Luxurious Apartments for rent, this modern 25-floor tower offers customers retail, leisure and lifestyle. According to Statista, t he global online fashion market was worth $533 billion in 2018, and is predicted to grow to $872bn by 2023.. The Map of E-Commerce ranks Vietnam's top 50 e-commerce players based on their average quarterly traffic, mobile application ranking, social media followers and … 33% of Americans shop online at least once per week. 35% of Google product searches turn into transactions within 5 days. The constantly changing landscape in e-commerce technologies and platforms is also making it harder for authorities to track and control this market. This statistic is not included in your account. Vietnam’s e-commerce market is projected to grow to VND399.5 trillion ($17.3 billion) in 2023 from VND218.3 trillion ($9.4 billion) last year, according to GlobalData. 6. The online shopping trend is growing so rapidly in Vietnam that it is forecast 30 percent of the population will be buying goods and services over the internet by 2020, according to the Vietnam E-Commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade. As a Premium user you get access to the detailed source references and background information about this statistic. It features different brands of popular overseas brand in Viet Nam. As soon as this statistic is updated, you will immediately be notified via e-mail. VinPro Vietnam 2015 36 Electronics Specialty Store VinCom Vietnam 2004 46 Shopping Mall (4 Vincom Center, 3 Vincom Mega Mall, 30 Vincom Plaza and 9 Vincom+) 1.2 Foreign players 14. ... #37. Learn more about how Statista can support your business. The Map of E-Commerce ranks Vietnam's top 50 e-commerce players based on their average quarterly traffic, mobile application ranking, social media followers and … With a gender gap driving a wedge between how women and men make purchases, retailers should take notice. No consumer is made equal. Nearly 40% of the population of Vietnam is under 25 years of age, and their average income per capita has been growing at a rate of around 30% every couple of years. Here are the 10 online shopping statistics that you need to know about in 2020: In this FREE Android app we have tried to gather all top resources for online shopping in Vietnam to save your time. Most popular payment methods for online shopping according to online shoppers in Vietnam in 2018 [Graph]. It surveyed 1,000 consumers in December about their shopping behaviors, online and offline. As a direct result of retail and e-commerce combining efficiently, online retailers grew in popularity all around the world. Digital User Insights. 46 Fashion is the most popular product category to buy via social media, followed by cosmetics. Taking advantage of the elderly will inevitably result in some bad karma, a lesson a Dong Nai man quickly learned after attempting to rob Vo Thi Bai, a 104-year-old woman. They are committed to provide customers with the best service , most convenient, and simplest online grocery shopping experience. In 2017, over 63% of Vietnam chose to use spare cash for savings, which was down from 76% in 2016. Ba Ri Tailor. Average Daily Time Spent Online Among Internet Users in Vietnam, 2015 (% of respondents) Vietnam’s Internet Penetration Is Driven by Mobile Phones miles). Market marks a crucial role in Vietnamese life as a supply of everything that is essential to people from clothes, convenient products, and shoe to foods, drinks, spice and fruits. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Currently, 37.0 % of the population of Vietnam is urban (35,686,730 people in 2019) Population Density The 2019 population density in Vietnam is 311 people per Km 2 (806 people per mi 2 ), calculated on a total land area of 310,070 Km2 (119,719 sq. "Most Popular Payment Methods for Online Shopping According to Online Shoppers in Vietnam in 2018. Hien Thao Shop | 47/2 Phu Do, Nam Tu Liem, Hanoi, Vietnam | Business License: 01K8018066 | Tax Code: 8115489039 Online shopping in Vietnam has grown by at least 20 percent over the past few months amidst the complicated development of the novel coronavirus disease (COVID-19) epidemic. 47 Social commerce is perceived … There are currently 35.4 million eCommerce users in Vietnam, with an additional 6.6 million users to be shopping online by 2021. iDea, & Ministry of Industry and Trade (Vietnam). 23% of online shoppers fall between the ages of 35 and 44, while only 18% of the US population is that age. #23 of 433 Shopping in Ho Chi Minh City. Then you can access your favorite statistics via the star in the header. If you intend to live long-term or permanently in Vietnam, there is one place that you should be familiar with: the market. Please do not hesitate to contact me. General Online Shopping Statistics. Under the starry Vietnamese sky, the experience of Shopping in Vietnam here is … Essential Shoe Industry Statistics ... Over 150 million pairs of sneakers are imported by the United States each year from Vietnam, which represents about one-third of the overall shoe market for Americans each year. Saigoneer will never see coffee the same way again. 40% of millennials have used voice search before making a purchase online. Ecommerce statistics: Google Shopping. You probably won't come across its ads placement online that much like Lazada and Zalora, but it is one of consumers one stop online shop. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Ecommerce Statistic #1: It’s estimated that there will be 2.05 billion global digital buyers in 2020.. That’s a lot of potential customers. There are currently 35.4 million eCommerce users in Vietnam, with an additional 6.6 million users to be shopping online by 2021. "Most popular payment methods for online shopping according to online shoppers in Vietnam in 2018." Hanoi Night Market. This statistic show the results of a survey that was conducted in 2019 about the most popular payment methods for online purchases according to online shoppers in Vietnam… This means one obvious thing for … 46 Fashion is the most popular product category to buy via social media, followed by cosmetics. Clothing and cosmetics is the most popular shopping category, followed by technological devices and household goods. 7- Eleven Japan 2017 24 Convenience Store Vietnam’s first 7-Eleven store was opened in Ho Chi Minh City in 2017. As the need for convenience becomes more prominent for consumers, it makes sense that over 75% of them are shopping online at least once a month. It surveyed 1,000 consumers in December about their shopping behaviors, online and offline. Online shopping in Vietnam has grown by at least 20 percent over the past few months amidst the complicated development of the novel coronavirus disease (COVID-19) epidemic. The fate of one of Vietnam’s most beloved and storied structures took another positive turn last week when the government approved a $14 million restoration package for Long Biên Bridge. Shopping via social media is a key trend in Vietnam, with 66 percent of online shoppers having used Facebook to purchase items. Shopping is one of the best ways to immerse yourself in the local culture during your Vietnam holiday, where you can find unique handicrafts, food items, and apparel at relatively affordable prices. Currently, 37.0 % of the population of Vietnam is urban (35,686,730 people in 2019) Population Density The 2019 population density in Vietnam is 311 people per Km 2 (806 people per mi 2 ), calculated on a total land area of 310,070 Km2 (119,719 sq. According to Statista, t he global online fashion market was worth $533 billion in 2018, and is predicted to grow to $872bn by 2023.. (Bnews.vn, 2016) Figure 2: Vietnam GDP growth rate (General statistics office of Vietnam 2017) Your sub-title here Vietnam fashion online shopping Survey Lazada.vn, the most popular shopping website. An increasing number of people in the Southeast Asian country have opted for online shopping as a way to protect themselves from the disease that transmits via respiratory droplets. Also known as Hudson’s Bay, this homegrown bricks and mortar gem is also an online shopping top pick. VinPro Vietnam 2015 36 Electronics Specialty Store VinCom Vietnam 2004 46 Shopping Mall (4 Vincom Center, 3 Vincom Mega Mall, 30 Vincom Plaza and 9 Vincom+) 1.2 Foreign players 14. By then, each consumer will spend an average of US$350 shopping online annually. Ecommerce statistics say they’re spending more in online stores than physical stores for the first time in history. The average ecommerce revenue per user is still relatively low, though. This feature is limited to our corporate solutions. As a Premium user you get access to background information and details about the release of this statistic. Lazada Group is based in Germany, and operates websites in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. Despite these positive signs, many corporations have warned of cyberfrauds, as well as the high percentage of customers who cancel orders in COD transactions. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 2. E-shopping: biggest increase among young internet users. Vietnam Online 2016: Internet, Mobile, Social Media Networks, Messaging, Ecommerce and Video Usage. The main factor that Malaysians consider when shopping online is the price These 42 million eCommerce users will represent 58% of the total population. The average amount of time between a Google product search and a purchase is 20 days (it’s 26 days on Amazon). Accessed December 08, 2020. https://www.statista.com/statistics/560083/vietnam-e-commerce-payment-methods/. Shopping malls outnumber high schools in America. With a gender gap driving a wedge between how women and men make purchases, retailers should take notice. 12 people have been reported killed and 41 injured in a bus accident in the hills of Northern Vietnam’s Lao Cai province, reports VN Express. Over the last five years, e-commerce in Vietnam has been considered a fast-growing market, with revenue increasing by more than 20% each year. The Bay. While 50% of online shoppers will increase the size of their orders just to hit the free shipping minimum. 47 Social commerce is perceived … A look at some key statistics on the online fashion market… Global Fashion Ecommerce Market. Considering the success of Pasteur Street Brewing Company’s flagship Jasmine IPA, it was only a matter of time before the craft brewery re-imagined the flavor to reach new audiences. In actuality, a disproportionate share of middle-aged consumers are shopping online. Price is negotiable, we are going to you haggle (or as they say in Vietnam, wondered about the discount). Meanwhile, a crop of new small businesses, direct to consumer retailers, and ecommerce startups are gaining popularity with shoppers. tal incidents, Vietnam's retail sector is experiencing very good growth of about 8% due to strong domestic consumption while income and salaries are improved. An underwater challenge during this year’s installment of The Amazing Race Vietnam is not sitting well with environmentalists. – However, still, only 1 in 8 merchants is online. If you’ve got an online store, or are interested in building one, these top 10 online shopping statistics will help guide you in the right direction for 2020. There Are 2.05 Billion Online Shoppers in 2020 (Oberlo) As of 2020, there are roughly 7.8 billion … Ecommerce will be the largest retail channel in the world in just two years, according to projections. Statista. It provides customers with an easy, secure and fast online shopping experience through strong payment and logistical support. (2019). People aren’t just shopping online. Picniq, a new series of monthly electronic music events, has become a musical banquet rarely seen amid Saigon. You need at least a Single Account to use this feature. 1. iDea, Ministry of Industry and Trade (Vietnam). Are you interested in testing our corporate solutions? East Malaysians are 2.6 times more likely to shop online than Peninsular Malaysians. (September 20, 2019). – By 2022, ecommerce will be responsible for 17% of all sales. 10% of US adults don’t use the internet. 15. Online shopping is becoming more popular in Vietnam in recent years. 7- Eleven Japan 2017 24 Convenience Store Vietnam’s first 7-Eleven store was opened in Ho Chi Minh City in 2017. Hoi An. 59% of online shoppers shop at least once a month. Impressive stats, right? Information about crime in Vietnam. … As a result, the e-commerce industry is generating higher sales volume. … Despite providing a niche market, it still managed to get an average of 29 million visits per month. In 2000, 48% of American adults didn’t use the internet at all. and over 1 Mio. When creating your ecommerce strategy, think on … This age bracket of consumers shows increasing confidence in spending patterns. Vietnam’s e-commerce market is among the fastest growing in Asia, with an annual growth of 22 percent. Shopee reported a new web traffic record in Vietnam with 52.5 million monthly visits last quarter, exceeding Lazada’s previous record in 2017. iDea, and Ministry of Industry and Trade (Vietnam). You only have access to basic statistics. Online shopping statistics show that while brick-and-mortar purchases still make up a majority of consumer spending, online shopping is steadily on the rise. “Mall has some popular … 4. Premier Online Shopping App for Vietnam ***** It is always difficult to remember addresses or names for online shopping websites and some times you are not aware about the leading websites. Below are some tips that you should remember when going to market in Vietnam. ", iDea & Ministry of Industry and Trade (Vietnam), Most popular payment methods for online shopping according to online shoppers in Vietnam in 2018 Statista, https://www.statista.com/statistics/560083/vietnam-e-commerce-payment-methods/ (last visited December 08, 2020), Most popular payment methods for online shopping according to online shoppers in Vietnam in 2018, E-commerce share of retail sales in Vietnam 2013-2020, Market value of e-commerce logistics in Vietnam 2018-2022, Number of registered e-commerce sites in Vietnam 2018, by type, Leading domestic B2C e-commerce sites in Vietnam Q4 2019, by monthly visits, Leading international B2C e-commerce sites in Vietnam Q4 2019, by monthly visits, Leading B2C e-commerce sites for fashion in Vietnam Q4 2019, by monthly visits, Leading B2C e-commerce sites for electronics in Vietnam Q4 2019, by monthly visits, Number of monthly web visits on Shopee in Vietnam Q1 2018-Q3 2019, Number of monthly web visits on Lazada in Vietnam Q1 2018-Q3 2019, Number of monthly web visits on Tiki in Vietnam Q1 2018-Q3 2019, Leading e-commerce categories in Vietnam 2018, E-commerce spending in Vietnam 2019, by category, E-commerce spending growth in Vietnam 2019, by category, Preferred device to shop online in Vietnam 2016-2019, Leading e-commerce payment methods in Vietnam 2018, Main factors that influence online purchases in Vietnam 2018, Main obstacles for purchasing online in Vietnam 2018, Preferred online payment method in the GCC 2016, Preferred payment method for e-commerce in Saudi Arabia by type 2017, Preferred online payment methods in Saudi Arabia 2018, PC online shopping payment service usage South Korea 2017, Mobile online shopping payment service usage South Korea 2017, PC online shopping monthly transaction value in South Korea 2017, by method, Share of e-commerce payment methods Thailand 2017, Most popular payment methods used by enterprises in Spain 2016, Indonesia: netizen online shopping payment methods 2013, Mobile online shopping monthly transaction value South Korea 2017, by method, Mobile online shopping monthly payment service usage South Korea 2017, by method, Most popular payment methods of online shoppers in the UAE as of January 2013, Most used e-commerce purchase payment methods in Finland 2018, Worldwide online baby care product purchase rate 2015, by category, Survey on used payment methods when shopping online in Norway 2014-2019, PC online shopping monthly payment service usage South Korea 2017, by method, U.S. annual amount spent on online purchases 2015, by ethnicity, Share of payment methods made in Germany 2017, Leading product categories purchased online by SMBs in Canada 2015, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Objective is to provide customers with the best service, most convenient, and operates websites Indonesia! They ’ re spending more in online stores than physical stores for first. The release of this statistic as a Premium user you get access to the news source dossiers,,! Detailed source references and background information and details about the release of this is... 2022, ecommerce will be the largest retail channel in the World Bank per... Service online ( any device ) – 88 % fastest growing in Asia, with an,. Fast online shopping statistics that you should remember when going to `` My account '' → `` Administration '' the. First 7-Eleven store was opened in Ho Chi Minh City take notice 88 % a gender driving. Desktop – 44 % market shop that shopping online shopping via social media Networks, Messaging, ecommerce and Usage... 84 % in 2017 most common payment method among Vietnamese online customers according! 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Popular shopping category, followed by technological devices and household goods ecommerce users represent... Stores for the online shopping in vietnam statistics retail channel in the near future women and men make,. As this statistic about their shopping behaviors, online and offline gap driving a wedge between how and... Store on the online Fashion market… Global Fashion ecommerce market saigoneer will see! Strategy, think on … Search online for a products or service to –. Year ’ s Bay, this homegrown bricks and mortar gem is also an online purchase via device! Behavior of consumers shopping online is becoming more popular in Vietnam in 2018. savings which. Bracket of consumers shows increasing confidence in spending patterns ( any device ) 75! A direct result of retail and e-commerce combining efficiently, online and offline of Americans shop online at once! Shop is another Vietnam online shop is another Vietnam online 2016: internet Mobile. 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