HANOI, Jan. 3 (Xinhua) -- Revenue from e-commerce for domestic organizations and individuals in Vietnam reached 536.5 billion Vietnamese dong (over 22 million U.S. dollars) in 2023, Vietnam News Agency cited the General Department of Taxation on Wednesday.

About 60 percent of the Vietnamese population participate in online shopping, equivalent to 57 to 60 million consumers, according to the report.

After a year of operating the E-commerce Information Portal, from Dec. 15, 2022, the tax authority has recorded 357 e-commerce trading floors providing information by the end of 2023.

According to the White Book on Vietnamese E-Business 2022 compiled by the Ministry of Industry and Trade, the Vietnamese e-commerce's market size is expected to grow 35 percent per year to reach 57 billion dollars in 2025. Enditem

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