Category: Vietnam

Vietnam economy in 2020: 11 key facts and trends

2020-real-GDP-growth-rate-by-IMF-Jun-2020-for-Vietnam-Indonesia-Malaysia-Philippines-Thailand-India-and-the-world

Vietnam has done an excellent job thus far when it comes to the Covid-19 pandemic. A country of more than 97 million people, a direct land border with China, Vietnam implemented quick, decisive border closure, testing, contact tracing, isolation, and quarantining. The social unity, comprehensive public awareness campaign, and government transparency in dealing with the crisis are critical ingredients for success too.

But it is far from over.

Like the global economy, Vietnam is now struggling to contain the economic fallout from the pandemic. Given the recent global interest in the Vietnam economy, especially regarding its potential as a factory relocation from China, I write this post to include some key figures, facts. I try to use third party, English sources so that you can verify the numbers.

Vietnam e-commerce key facts and trends (updated Apr 2019)

Vietnam retail e-commerce featured image 2019

Following the previous post about Vietnam digital marketing landscape, today post will look at e-commerce landscape in Vietnam, in comparison with other countries in the region for better context. 1. Total retail sales in Vietnam is expected to be $154B in 2019 The above countries are ranked based on their population. It gives us a…