In 2023, Vietnam’s e-commerce market has burgeoned to an impressive US$20.5 billion, marking a 25% growth compared to the previous year. This robust expansion underscores the increasing significance of e-commerce as a driving force behind Vietnam’s digital economy, playing a pivotal role in economic development and catalysing the digital transformation of businesses across the nation.
A noteworthy contributor to this digital shift is the surge in electronic invoices directly generated from cash registers, a key initiative of the General Department of Taxation.