By 2020, 30% of the population makes online purchase

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This is the target specified in master plan for e-commerce development in 2016 – 2020 period that been approved by the Prime Minister in Decision No. 1563/QD-TTg dated August 08, 2016.

Specifically, by the year of 2020, there will be 30% of the population make online purchase with the total value of 350 USD/person/year on average; 50% of enterprises have their own web portals where their products are introduced and sold; 80% of enterprises make or carry out orders via e-commerce applications; 100% of super markets, shopping malls and modern distribution establishments accept the payment via Point of Sale (POS) system and allow consumers to make non-cash payment when buying products; 70% of electricity, water, telecommunications and communications service providers accept the payment of bill via non-cash payment services and 50% of individuals/households in big cities use non-cash payment media in daily consumption…

To achieve these above targets, there are some solutions on developing and applying new technologies in e-commerce, such as: Encourage the development of mobile e-commerce and the development of digital information in e-commerce; Develop products and measures to assist enterprise to apply e-commerce on each stage of business process; Encourage enterprises/individuals to start up in a new e-commerce model…

This Decision takes effect on the signing date.