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

MEMBER CORNER / PROMOTIONS

KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA

From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.

Sep 24, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER

Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.

Sep 23, 2026

TECHNOLOGY

VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS

Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.

Sep 23, 2026

GARMENT / TEXTILE

VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS

Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.

Sep 23, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS

Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.

Sep 23, 2026

LEGAL UPDATE / POLICY

FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH

Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.

Sep 23, 2026