Online retail expands in Vietnam through marketplace model: yStats.com report

The market research company yStats.com's newly released report "Vietnam B2C E-Commerce Market 2018" reveals that much of the recent growth in online retail sales in the Southeast Asian nation is due to proliferation of the marketplace model.
By: yStats.com
 
HAMBURG, Germany - April 26, 2018 - PRLog -- Projected growth of B2C E-Commerce in Vietnam has attracted the attention of global and regional investors. Online transactions accounted for about 1% of total retail sales in Vietnam, indicating plenty of room for upward growth: sources cited in the yStats.com report project annual growth in double digits through 2021. E-Commerce marketplaces led by Lazada are gaining popularity among Vietnam's online shoppers, driving further growth.

The expansion of online marketplaces in Vietnam complements the increasing Internet penetration in the country where logistics and payment systems are improving. The yStats.com report indicates also that Vietnam has a high rate of purchases made through social media, especially of apparel and makeup.

For further information, see: https://www.ystats.com/wp-content/uploads/2018/04/2018.04.19_Product-Brochure-Order-Form_Vietnam-B2C-E-Commerce-Market-2018.pdf

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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

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Tags:Onlineshopping, Online Shopping, Ecommerce
Industry:Business
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