Vietnam E-Commerce Sector Outlook: Key Growth Trends


Latest trends in Vietnam’s e-commerce sector

Competition shifts from price to operational excellence

Vietnam’s e-commerce market is entering a more mature stage, with competition increasingly centred on operational capabilities, seller quality, and consumer trust rather than aggressive price promotions.

Leading platforms and sellers are responding by strengthening their operating models:

  • Platforms are investing in AI-powered recommendations, integrated advertising tools, and logistics optimisation to improve fulfilment efficiency and customer experience.
  • Sellers are increasingly prioritising profitability over sales volume through omnichannel strategies, automation, and data-driven marketing to improve customer retention.

At the same time, the competitive landscape is evolving alongside greater regulatory oversight.

Key developments include:

  • Shopee and TikTok Shop increased seller commissions and platform fees during H1 2026, prompting Vietnam’s National Competition Commission to assess their impact on merchants, consumers, and market competition. The commission subsequently requested Shopee to review and postpone parts of its revised fee structure.
  • Revenue from imported products sold by overseas merchants on Shopee declined 23.4 percent, while sales volume fell 56.9 percent year-on-year, suggesting stronger demand for locally available and officially distributed products.
  • Revenue across Vietnam’s four largest e-commerce platforms is forecast to reach VND 146.3 trillion (US$5.54 billion) in Q3 2026, supported by seasonal demand from summer travel and the back-to-school shopping season.

This combination of operational investment, regulatory oversight, and evolving consumer preferences indicates that competitive advantage is increasingly determined by execution, product authenticity, and the ability to deliver a seamless end-to-end shopping experience, rather than by price alone.

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Social networks remain the leading sales channel

Social media continues to outperform other digital channels in driving online sales. According to the Vietnam E-Business Index 2026, 45 percent of businesses rated social networks as highly effective for selling products online, compared to 35 percent for enterprise websites and 28 percent for both e-commerce marketplaces and mobile applications.

The growing popularity of livestream shopping, influencer marketing, and social engagement has made social platforms a key channel for product discovery and customer acquisition, particularly among younger consumers.

Online Sales Channels in Vietnam

Consumer trust is becoming the key competitive advantage

Vietnamese consumers are placing greater emphasis on authenticity and shopping experience than on discounts alone. Product quality, seller credibility, and product variety remain the top factors influencing purchasing decisions, while the biggest concerns are products not matching their descriptions and personal data privacy.

Factors and Barriers Affecting Online Purchases

Vietnam strengthens its position as an e-commerce export hub

Vietnam is also emerging as a regional hub for cross-border e-commerce, supported by its competitive manufacturing base, digital transformation, and export-oriented economy. At the Amazon Global Selling Conference 2025, Amazon identified Vietnam as one of its fastest-growing sourcing markets, citing strong growth in Vietnamese product listings and brand-registered sellers.

As more local businesses adopt digital export channels and global marketplaces expand their presence, Vietnam is expected to play an increasingly important role in regional and global e-commerce supply chains.

What businesses should watch to succeed in Vietnam’s e-commerce market

While Vietnam’s e-commerce sector continues its rapid growth, it faces several significant challenges that warrant strategic attention.

Generational consumer gap

Consumer habits present both opportunities and limitations. On one hand, younger, digitally-native consumers fuel growth. On the other hand, middle-aged and elderly segments remain less comfortable with online shopping, limiting the total reachable market for pure-play e-commerce. This generational adoption gap means platforms must still invest heavily in education, localization, trust-building, and UX design to expand beyond the urban-youth core.

Talent shortages

Human resources are a constraint. Vietnam’s e-commerce firms face a shortage of skilled professionals, especially in areas such as data analytics, omnichannel fulfilment, AI-driven personalisation, and global supply-chain management. This talent gap makes it harder to scale globally, adopt best practices from advanced markets, and maintain operational excellence.

Logistics bottlenecks

Logistics and infrastructure remain a structural hurdle and an opportunity at the same time. While Vietnam has made strong strides in delivery networks and fulfilment, the warehousing, last-mile delivery, rural coverage, and cold-chain logistics systems are not yet at the level of more mature e-commerce markets.

Sustainability pressures

Rising awareness of sustainability issues is emerging. A 2025 report by the Vietnam E‑commerce Association (VECOM) points out that the rapid growth of online business and food-delivery services consumed more than 332,000 tons of packaging materials in 2023 alone – 171,000 tons of which were plastic. As consumer and regulatory attention heightens, platforms and sellers will need to integrate greener practices into logistics, packaging, and returns operations.

Doing Business in Vietnam

Explore vital economic, geographic, and regulatory insights for business investors, managers, or expats to navigate Vietnam’s business landscape. Our Online Business Guides offer explainer articles, news, useful tools, and videos from on-the-ground advisors who contribute to the Doing Business in Vietnam knowledge.

The future of Vietnam’s e-commerce market

With a young population, rising disposable incomes, and a rapidly expanding middle class, Vietnam continues to stand out as one of Southeast Asia’s most attractive destinations for e-commerce investment. Its growing role as a regional e-commerce export hub further strengthens the country’s long-term outlook, positioning Vietnam as a market to watch in 2026 and beyond.

Yet, realising this potential will require more than simply riding the momentum. While Vietnam’s e-commerce market offers remarkable expansion potential, success will depend on navigating intense competition, staying ahead of regulatory change, broadening consumer adoption beyond younger segments, developing talent and logistics systems, and addressing emerging sustainability expectations.

Those who approach Vietnam with a long-term, well-structured plan and the right local partnerships are poised to benefit from one of the region’s most dynamic digital economies.

See also: Understanding Vietnam’s Tax Withholding Framework for Foreign E-Commerce Platforms

If you’re considering expanding into the Vietnamese consumer market, get in touch with our Business Intelligence experts for a tailored market entry strategy for your product or service.

This article was originally published on 20 August 2024. It was last updated on 29 July 2026.



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