(VOVWORLD) - Vietnam is the fastest-growing digital economy in the region, Singapore’s Business Times reported on Monday, in large part due to investment inflow which is still on an unprecedented rise.
 Vietnam has a booming e-commerce market: Singapore's Business Time |
Over the last four years, nearly 1 billion USD in funding has poured into Vietnam's e-commerce sector, reaching a record high in 2019.
At the same time, the last two years has seen the emergence of Vietnamese e-commerce players, such as Tiki, Thegioididong and Sendo, which are among the most successful e-commerce platforms in the region.
According to a report, "Vietnam's booming e-commerce market", released by ISEAS Yusof Ishak Institute in January, the greatest potential of Vietnam's e-commerce sector can be seen via its enormous expansion, which is predicted to reach 15 billion USD in revenue in 2020.