Indonesia remains the region’s largest market, although its growth is beginning to slow, while Việt Nam, the Philippines, Malaysia, and Thailand are emerging as some of the fastest-growing e-commerce markets in Southeast Asia.
Recently, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has partnered with Alipay+ to introduce cross-border QR payments which allows customers to use its VCB Digibank app abroad.
Despite the domestic e-commerce market reaching an estimated value of $31 billion in 2025, placing Việt Nam among the world’s top 10 and top three in ASEAN, total import-export turnover via e-commerce stood at just $4.45 billion.
The General Department of Customs under the Ministry of Finance has sent a directive to regional customs branches requiring tighter control and enhanced anti-smuggling measures to prevent fuel smuggling across the country’s borders amid volatility in global energy markets.
Under the MoU, the two sides will work together to boost B2C online exports by Việt Nam’s micro-, small- and medium-sized enterprises (MSMEs) to ASEAN and global markets.
The total estimated value of confiscated goods exceeded VNĐ31.35 trillion (US$1.23 billion), marking a 12.5 per cent increase in cases and a 151.3 per cent surge in the value compared to the previous year.
The National Payment Corporation of Việt Nam (NAPAS) will expand its cross-border QR payment services with countries including China, Japan and the Republic of Korea in 2025.
Non-compliance may lead to coordinated technical measures, such as app blocking and domain name restrictions, in collaboration with relevant authorities
The Ministry of Information and Communications has requested iQIYI, China’s leading provider of online entertainment video services, to fully comply with local laws for cross-border paid streaming services.
The Ministry of Industry and Trade’s recent document about strengthening management on e-commerce says consumers should not have transactions with platforms which have not been verified by the Ministry of Industry and Trade.
The HCM City Department of Industry and Trade has said it plans to inspect businesses that sell on online platforms and show signs of violating regulations.
The State Bank of Việt Nam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment.