The role of e-commerce in the economic development of Vietnam during 1990 to 2020

Sammanfattning: This study will discuss the role of e-commerce in the economic development of Vietnam during 1990 to 2020. During the recent years, Vietnam has had a remarkable economic growth and is seen as one of the promising countries of technological development and e-commerce. However, the country still has a long way to go in economic development. This study accounts for how the new trading market; e-commerce can be utilized for a developing country, in this case Vietnam, in order to develop and catch up the developed countries in the new era of globalization. According to the UNDP, developing countries should adopt e-commerce in order to enhance both their social and economic development as well as their international interaction. Out of the 97 million people living in Vietnam, 37% of the population is using e-commerce, but this number is expected to grow. This research conducts a case-study of the most dominant e-commerce sector of Vietnam, the consumer goods sector. This is a representative case, by looking at the direction of the trend of this sector, one can draw conclusions and predictions on how e-commerce development can help promote economic development in Vietnam. This will be done through a mixed method; entailing a qualitative research collected from various scientific articles, websites along with other literature. Whilst the other part consists of a quantitative method with data collected from various data bases and other statistical forums. The scope of the study reaches from 1990-2020, since it was in the 1990’s the Internet emerged.