Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years.

Up to 90% of online shoppers in Vietnam still prefer cash payment over online transactions, mainly due to security concern and a preference to check product quality before paying.

During the first four months of 2020, 57% of firms operating in the e-commerce market reported a 30% year-on-year decline in revenue.