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Vietnamese consumers drive strong shift toward digital shopping

Notably, the fast-moving consumer goods (FMCG) sector remained a key growth driver, surging 167% on TikTok Shop and 20% on Shopee.
Vietnamese consumers drive strong shift toward digital shopping. - Illustrative image (Photo: VNA)
Vietnamese consumers drive strong shift toward digital shopping. - Illustrative image (Photo: VNA)

Hanoi (VNA) - 🌊Vietnamese consumers spend over 1.233 trillion VND (48 million USD) on online shopping each day on average, highlighting the strong purchasing power of online channels amid the ongoing shift toward digital consumption, according to the latest report by e-commerce growth consultancy YouNet ECI.

Notably, the fast-moving consumer goods (FMCG) sector remained a key growth driver, surging 167% on TikTok Shop and 20% on Shopee.
This trend reflects the growing popularity of purchasing food and essential goods online, especially among young people. In this race, alongside international e-commerce platforms, Vietnamese retailer Saigon Co.op is also speeding up its digital transformation to stay competitive. In 2025, the company continues to upgrade its e-commerce platform, Co.opOnline, with a more user-friendly interface and a range of features such as quick shopping by category, order tracking, personalised product suggestions, and seamless online-to-offline shopping experience. Upgrading this platform aims to make it easier for consumers to access high-quality essential goods, while also giving domestic businesses a competitive edge as more shoppers gravitate toward reputable brands and professional services, Saigon Co.op said./.
VNA

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Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

ꦬ Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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A local resident makes a bank transfer using the Momo app. (Photo: VNA)

꧟ Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
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