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Amazon expects Vietnam’s cross-border e-commerce to become the fifth largest export by 2027, worth $12 billion.
According to a report released by Amazon Global Selling Vietnam, cross-border e-commerce exports could reach $5 billion under “normal” circumstances, but could reach $12 billion with government support. Online exports of Vietnamese goods are expected to flourish, especially in sectors such as household appliances, kitchen utensils, personal care, clothing, and beauty products.
Research by Access Partnership shows that the U.S. and Europe are likely to be major markets in the next five years, but Vietnamese businesses face challenges such as high tariffs and customs clearance costs, and need legal and financial support to capitalize on e-commerce export opportunities.
(Source: retailnews Image source: freepik)
