Owing to the country’s increasing internet penetration and the emerging trend of online shopping, Vietnam is one of the fastest growing E-commerce markets in Southeast Asia. In accordance with Vietnam E-Commerce Whitebook 2018, the market size of B2C E-commerce was USD 6.2 bn in 2017 and is forecasted to continue rising rapidly in upcoming years. In tandem with such booming, the demand for logistics service within the E-commerce ecosystem, E-logistics, is expected to be a very high. Vietnam e-commerce retail logistics market is valued at EUR90 mn in 2018, and is forecasted to experience an average growth of 42% per year till 2022F, according to Ken Research.
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