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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, July 29, 2025

Vietnamese spend more on e-commerce platforms in Nov

The Saigon Times

Must read

HCMC – Vietnamese online shoppers were more active in November, with their transactions on four major e-commerce platforms amounting to nearly VND32 trillion.

This information was reported by the e-commerce data intelligence platform EcomHeat, managed by YouNet ECI, after having analyzed data from 2.6 million virtual stores on Shopee, Tiki, Lazada, and TikTok Shop e-commerce platforms.

Numerous promotions and sales programs were launched last month to stimulate year-end shopping. As a result, 405,000 vendors on the four platforms reported successful transactions in the month.

Among them, Shopee emerged as the top performer, generating a staggering 72.7% of the total revenue, equivalent to VND22,670 billion, and leading in all product categories.

TikTok Shop and Lazada accounted for 17.2% and 9% of the revenue, respectively. While TikTok Shop excelled in fashion, accessories, beauty, and food and beverage categories, Lazada showed strength in high-value products like tech items, home appliances and audio equipment. In November, tech products alone generated VND385 billion in revenue for Lazada.

Lazada also led in terms of the average cost of a product, with an average price of VND162,000. Shopee followed with VND116,000 and TikTok Shop with VND108,000, the lowest.

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