E-COMMERCE GROWTH TARGET REVISED UP TO 25.5%

E-commerce has emerged as a key driver of the economy - PHOTO: VNA

HCMC – The Ministry of Industry and Trade has raised the e-commerce growth target for 2025 to 25.5%, up from the initial projection of 20-22%, after the sector posted stronger-than-expected results in the first eight months of the year.

According to the ministry, e-commerce has emerged as a key driver of the economy, with growth accelerating 25-27% in January-August, exceeding earlier forecasts by three to seven percentage points.

The ministry has submitted a report to the Ministry of Finance outlining its revised growth scenario for industries and localities, part of the Government’s efforts to achieve 8.3-8.5% national economic growth in 2025, the Vietnam News Agency reported.

Under the updated scenario, e-commerce growth in the business-to-consumer (B2C) segment is now expected to reach 27.67% in the third quarter, up 5.67 percentage points from the previous plan.

The final quarter is forecast to see even sharper growth, with October projected at 32% versus the earlier estimate of 23%, November at 34% compared to 24%, and December peaking at 35%, up from 28%. This would bring the average growth rate for the fourth quarter to 33.67%, nearly eight percentage points higher than the initial forecast.

The ministry said the rapid expansion of e-commerce not only boosts the circulation of goods and services but also generates jobs in related sectors such as technology, logistics, transportation, and digital finance. This momentum is expected to help Vietnam move closer to its national economic growth goal for the year.

Source: The Saigon Times

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIỆT NAM-CAMBODIA TRADE GATHERS PACE TOWARDS $20 BILLION TARGET

Trade between Việt Nam and Cambodia continues to grow, remaining a bright spot and a key pillar of bilateral cooperation as the two countries aim to raise two-way trade to US$20 billion in the coming years. After setting a record of more than $11.3 billion last year, bilateral trade reached about $8.7 billion in the first eight months of this year, up 8.3 per cent year on year.

Oct 14, 2026

TECHNOLOGY

AI BEGINNING TO RESHAPE RECRUITMENT CRITERIA

Digital literacy is the only capability area in which fresh graduates meet employers’ expectations, according to a new report. Yet, it is also the standard rising fastest, as businesses increasingly expect new hires to use AI effectively in the workplace. Some 83 per cent of employers say AI has changed, or is beginning to change, their hiring criteria, while 94 per cent report higher expectations for digital and AI capabilities than they had two to three years ago.

Oct 14, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

ĐÀ NẴNG GREEN-LIGHTS US$105 MILLION THAI DEVELOPMENT DEAL

The central city has approved an investment proposal by Thailand’s WHA Group to develop infrastructure for the 400ha WHA Đà Nẵng Industrial Park project on two communes of Thăng Bình and Đồng Dương, with an investment of more than VNĐ2.7 trillion (US$105 million). The city said it approved WHA Industrial Development International's status as an investor in the project, which is expected to take place between 2027 and 2034.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

MOBILE PHONE EXPORTS RISE 20% TO $51.8 BILLION IN FIRST NINE MONTHS

Exports of mobile phones and components rose 20 per cent year-on-year to nearly US$51.8 billion in the first nine months of 2026, with China, the US and Republic of Korea accounting for more than half of the total. Shipments to the three markets reached a combined $26.18 billion, or 50.6 per cent of total exports of the product group during the period, according to data from the Vietnam Department of Customs under the Ministry of Finance.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

FRUIT AND VEGETABLE EXPORTS POISED TO HIT $10 BILLION IN 2026

Fruit and vegetable exports are on track to reach nearly US$10 billion in 2026, after rising 19.9 per cent year on year to nearly US$7.4 billion in the first nine months, driven by strong seasonal demand and abundant tropical fruit supplies. The Ministry of Agriculture and Environment said the growth reflected stronger international demand for fresh produce and processed agricultural products.

Oct 14, 2026

GARMENT / TEXTILE

TEXTILE EXPORTS FACE DUAL CHALLENGES OF SUSTAINING ORDERS AND BOOSTING EFFICIENCY AMID GROWING COMPETITION

Data shows that the textile and garment sector maintained its growth momentum in the first nine months of this year. The industry's total export turnover reached an estimated US$35.721 billion in the first nine months of this year, up 3.3 per cent year-on-year. Despite posting encouraging export figures, Vietnamese textile and garment enterprises continue to navigate unpredictable market variables.

Oct 14, 2026