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Vietnam Live Commerce Market Report Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030

Vietnam Live Commerce Market, valued at USD 4 billion, is growing due to rising internet access, social media engagement, and online shopping shifts in key cities like Ho Chi Minh and Hanoi.

Region:Asia

Author(s):Rebecca

Product Code:KRAD4353

Pages:93

Published On:December 2025

About the Report

Base Year 2024

Vietnam Live Commerce Market Overview

  • The Vietnam Live Commerce Market is valued at USD 4 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing penetration of smartphones and internet connectivity, along with a shift in consumer behavior towards online shopping. The rise of social media platforms and integrated e-commerce marketplaces has further fueled the demand for live commerce, allowing brands to engage directly with consumers in real-time.
  • Key cities dominating the market include Ho Chi Minh City and Hanoi, which are the economic and cultural hubs of Vietnam. These cities have a high concentration of internet users and a vibrant youth demographic that is more inclined towards online shopping and social media engagement. The presence of major e-commerce platforms and logistics infrastructure in these urban areas also contributes to their dominance in the live commerce market.
  • In 2023, the Vietnamese government implemented regulations to enhance consumer protection in e-commerce, including live commerce. This regulation mandates that all live commerce platforms must ensure transparency in pricing and product information, as well as provide a secure payment environment for consumers. This initiative aims to build trust in online shopping and promote the growth of the live commerce sector.
Vietnam Live Commerce Market Size

Vietnam Live Commerce Market Segmentation

By Product Category:The product categories in the live commerce market include Fashion & Apparel, Beauty & Personal Care, Consumer Electronics & Gadgets, Home & Living, Food, FMCG & Groceries, Health & Wellness Products, and Others (Toys, Gifts, Niche Categories). Each of these categories caters to different consumer needs and preferences, with Fashion & Apparel and Beauty & Personal Care being particularly popular due to their visual appeal and the influence of social media trends.

Vietnam Live Commerce Market segmentation by Product Category.

By Platform Type:The live commerce market is segmented by platform type, including Integrated E-commerce Marketplaces, Social Media Platforms, Short-video & Content Platforms, Brand-owned Websites & Apps, and Others (Multi-channel Aggregators, MCNs). Integrated e-commerce marketplaces are leading the segment due to their established user bases and seamless shopping experiences, while social media platforms are gaining traction for their interactive features and community engagement.

Vietnam Live Commerce Market segmentation by Platform Type.

Vietnam Live Commerce Market Competitive Landscape

The Vietnam Live Commerce Market is characterized by a dynamic mix of regional and international players. Leading participants such as Shopee Vietnam (Shopee Live), Lazada Vietnam (LazLive), TikTok Shop Vietnam, Tiki Corporation (TikiLive), Sendo (Sendo Live), Facebook Vietnam (Facebook Live Commerce Ecosystem), Zalo (Zalo Live & Social Commerce), VinShop (Masan Group), Th? Gi?i Di ??ng (Mobile World Group), ?i?n Máy Xanh, Bách Hóa Xanh, PNJ (Phú Nhu?n Jewelry), Con C?ng, AEON Vietnam, MM Mega Market Vietnam contribute to innovation, geographic expansion, and service delivery in this space.

Shopee Vietnam

2015

Ho Chi Minh City, Vietnam

Lazada Vietnam

2012

Ho Chi Minh City, Vietnam

TikTok Shop Vietnam

2016

Ho Chi Minh City, Vietnam

Tiki Corporation

2010

Ho Chi Minh City, Vietnam

Sendo

2012

Ho Chi Minh City, Vietnam

Company

Establishment Year

Headquarters

Ownership/Platform Type (Marketplace, Social, Brand, MCN)

Scale (GMV Tier or Size: Large, Medium, Small)

Monthly Active Live-commerce Users

Number of Monthly Live Sessions

Average Concurrent Viewers per Stream

Conversion Rate from View to Purchase

Vietnam Live Commerce Market Industry Analysis

Growth Drivers

  • Increasing Smartphone Penetration:As of future, Vietnam's smartphone penetration rate is projected to reach 86%, with approximately 85 million smartphone users. This surge in smartphone adoption facilitates access to live commerce platforms, enabling consumers to engage in real-time shopping experiences. The World Bank reports that mobile internet usage has increased by 31% over the past two years, further driving the growth of live commerce as consumers increasingly prefer mobile shopping solutions.
  • Rise of Social Media Platforms:In future, Vietnam is expected to have over 72 million active social media users, representing a significant increase from previous years. Platforms like Facebook and TikTok are becoming essential for live commerce, allowing brands to reach a broader audience. According to Statista, 61% of users engage with brands on social media, highlighting the potential for live commerce to leverage these platforms for direct consumer interaction and sales conversion.
  • Shift Towards Online Shopping:Vietnam's e-commerce market is projected to reach $24 billion in future, driven by a growing preference for online shopping. The Vietnam E-commerce Association reports that 71% of consumers have shifted to online shopping due to convenience and variety. This trend is further supported by the increasing availability of digital payment solutions, which are expected to grow by 26% in transaction volume, enhancing the viability of live commerce as a shopping method.

Market Challenges

  • Regulatory Uncertainties:The live commerce sector in Vietnam faces significant regulatory challenges, with ongoing discussions about e-commerce laws. As of future, the government is expected to introduce new regulations that could impact operational frameworks. The lack of clear guidelines creates uncertainty for businesses, potentially hindering investment and growth in the live commerce space, as companies may hesitate to commit resources without a stable regulatory environment.
  • Consumer Trust Issues:Despite the growth of live commerce, consumer trust remains a significant barrier. A recent survey indicated that 46% of online shoppers express concerns about product authenticity and service quality. This skepticism can deter potential customers from engaging in live commerce, impacting sales. Building trust through transparent practices and reliable customer service is crucial for businesses aiming to thrive in this competitive landscape.

Vietnam Live Commerce Market Future Outlook

The future of Vietnam's live commerce market appears promising, driven by technological advancements and evolving consumer preferences. As mobile commerce continues to grow, businesses are likely to adopt innovative strategies to enhance customer engagement. The integration of AI and data analytics will enable personalized shopping experiences, while the rise of hybrid shopping models will cater to diverse consumer needs. Companies that prioritize sustainability and ethical practices are expected to resonate more with the environmentally conscious consumer base, further shaping market dynamics.

Market Opportunities

  • Expansion of Influencer Marketing:With over 61% of Vietnamese consumers trusting influencer recommendations, brands can leverage this trend to enhance their live commerce strategies. Collaborating with local influencers can significantly boost brand visibility and credibility, driving higher engagement and sales during live events.
  • Integration of AR/VR Technologies:The adoption of augmented and virtual reality technologies in live commerce can create immersive shopping experiences. By future, the AR/VR market in Vietnam is expected to grow to $1.1 billion, providing businesses with opportunities to enhance product visualization and consumer interaction, ultimately increasing conversion rates.

Scope of the Report

SegmentSub-Segments
By Product Category

Fashion & Apparel

Beauty & Personal Care

Consumer Electronics & Gadgets

Home & Living

Food, FMCG & Groceries

Health & Wellness Products

Others (Toys, Gifts, Niche Categories)

By Platform Type

Integrated E-commerce Marketplaces (Shopee Live, LazLive, TikiLive, Sendo Live)

Social Media Platforms (Facebook Live, Instagram Live)

Short-video & Content Platforms (TikTok Shop Live, YouTube Live)

Brand-owned Websites & Apps

Others (Multi-channel Aggregators, MCNs)

By Seller Type

Individual Streamers/KOLs/KOCs

Small & Medium Online Merchants

Large Retailers & Brands

Cross-border Sellers

Others

By Revenue Model

Commission-based Marketplace Model

Agency & Service Fee Model (MCNs, Live Commerce Agencies)

Advertising & Sponsored Live Streams

Virtual Gifts & Tipping

Others

By Consumer Demographics

Gen Z (Under 25 Years)

Young Adults (25–34 Years)

Middle-aged Consumers (35–44 Years)

Years & Above

Others

By City Tier

Tier 1 Cities (Hanoi, Ho Chi Minh City)

Tier 2 Cities

Tier 3 Cities & Rural Areas

Others

By User Engagement Behavior

View-only Users

Deal-seekers & Flash-sale Buyers

Community & Fan-based Shoppers

High-frequency/Power Shoppers

Others

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., Ministry of Industry and Trade, Ministry of Information and Communications)

Manufacturers and Producers

Distributors and Retailers

Logistics and Supply Chain Companies

Technology Providers

Industry Associations (e.g., Vietnam E-commerce Association)

Financial Institutions

Players Mentioned in the Report:

Shopee Vietnam (Shopee Live)

Lazada Vietnam (LazLive)

TikTok Shop Vietnam

Tiki Corporation (TikiLive)

Sendo (Sendo Live)

Facebook Vietnam (Facebook Live Commerce Ecosystem)

Zalo (Zalo Live & Social Commerce)

VinShop (Masan Group)

The Gioi Di ong (Mobile World Group)

ien May Xanh

Bach Hoa Xanh

PNJ (Phu Nhuan Jewelry)

Con Cung

AEON Vietnam

MM Mega Market Vietnam

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Vietnam Live Commerce Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Vietnam Live Commerce Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Vietnam Live Commerce Market Analysis

3.1 Growth Drivers

3.1.1 Increasing smartphone penetration
3.1.2 Rise of social media platforms
3.1.3 Shift towards online shopping
3.1.4 Enhanced consumer engagement through live interactions

3.2 Market Challenges

3.2.1 Regulatory uncertainties
3.2.2 Competition from traditional e-commerce
3.2.3 Consumer trust issues
3.2.4 Technological barriers for small businesses

3.3 Market Opportunities

3.3.1 Expansion of influencer marketing
3.3.2 Integration of AR/VR technologies
3.3.3 Development of niche markets
3.3.4 Partnerships with local brands

3.4 Market Trends

3.4.1 Growth of mobile commerce
3.4.2 Increasing use of AI in customer engagement
3.4.3 Emergence of hybrid shopping experiences
3.4.4 Focus on sustainability in product offerings

3.5 Government Regulation

3.5.1 E-commerce law updates
3.5.2 Consumer protection regulations
3.5.3 Data privacy laws
3.5.4 Taxation policies for online sales

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Vietnam Live Commerce Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Vietnam Live Commerce Market Segmentation

8.1 By Product Category

8.1.1 Fashion & Apparel
8.1.2 Beauty & Personal Care
8.1.3 Consumer Electronics & Gadgets
8.1.4 Home & Living
8.1.5 Food, FMCG & Groceries
8.1.6 Health & Wellness Products
8.1.7 Others (Toys, Gifts, Niche Categories)

8.2 By Platform Type

8.2.1 Integrated E-commerce Marketplaces (Shopee Live, LazLive, TikiLive, Sendo Live)
8.2.2 Social Media Platforms (Facebook Live, Instagram Live)
8.2.3 Short-video & Content Platforms (TikTok Shop Live, YouTube Live)
8.2.4 Brand-owned Websites & Apps
8.2.5 Others (Multi-channel Aggregators, MCNs)

8.3 By Seller Type

8.3.1 Individual Streamers/KOLs/KOCs
8.3.2 Small & Medium Online Merchants
8.3.3 Large Retailers & Brands
8.3.4 Cross-border Sellers
8.3.5 Others

8.4 By Revenue Model

8.4.1 Commission-based Marketplace Model
8.4.2 Agency & Service Fee Model (MCNs, Live Commerce Agencies)
8.4.3 Advertising & Sponsored Live Streams
8.4.4 Virtual Gifts & Tipping
8.4.5 Others

8.5 By Consumer Demographics

8.5.1 Gen Z (Under 25 Years)
8.5.2 Young Adults (25–34 Years)
8.5.3 Middle-aged Consumers (35–44 Years)
8.5.4 45 Years & Above
8.5.5 Others

8.6 By City Tier

8.6.1 Tier 1 Cities (Hanoi, Ho Chi Minh City)
8.6.2 Tier 2 Cities
8.6.3 Tier 3 Cities & Rural Areas
8.6.4 Others

8.7 By User Engagement Behavior

8.7.1 View-only Users
8.7.2 Deal-seekers & Flash-sale Buyers
8.7.3 Community & Fan-based Shoppers
8.7.4 High-frequency/Power Shoppers
8.7.5 Others

9. Vietnam Live Commerce Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Ownership/Platform Type (Marketplace, Social, Brand, MCN)
9.2.3 Scale (GMV Tier or Size: Large, Medium, Small)
9.2.4 Monthly Active Live-commerce Users
9.2.5 Number of Monthly Live Sessions
9.2.6 Average Concurrent Viewers per Stream
9.2.7 Conversion Rate from View to Purchase
9.2.8 Average Order Value in Live Sessions
9.2.9 Take-rate/Commission Rate on Live Commerce GMV
9.2.10 Customer Acquisition Cost for Live Commerce
9.2.11 Return on Advertising Spend (ROAS) for Live Campaigns
9.2.12 Repeat Purchase Rate from Live Commerce Users
9.2.13 Creator/Streamer Retention & Payout Structure

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 Shopee Vietnam (Shopee Live)
9.5.2 Lazada Vietnam (LazLive)
9.5.3 TikTok Shop Vietnam
9.5.4 Tiki Corporation (TikiLive)
9.5.5 Sendo (Sendo Live)
9.5.6 Facebook Vietnam (Facebook Live Commerce Ecosystem)
9.5.7 Zalo (Zalo Live & Social Commerce)
9.5.8 VinShop (Masan Group)
9.5.9 Th? Gi?i Di ??ng (Mobile World Group)
9.5.10 ?i?n Máy Xanh
9.5.11 Bách Hóa Xanh
9.5.12 PNJ (Phú Nhu?n Jewelry)
9.5.13 Con C?ng
9.5.14 AEON Vietnam
9.5.15 MM Mega Market Vietnam

10. Vietnam Live Commerce Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Ministry of Industry and Trade
10.1.2 Ministry of Information and Communications
10.1.3 Ministry of Finance
10.1.4 Ministry of Planning and Investment

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 E-commerce Infrastructure Investments
10.2.2 Digital Marketing Expenditures
10.2.3 Technology Upgrades
10.2.4 Logistics and Distribution Costs

10.3 Pain Point Analysis by End-User Category

10.3.1 Small Business Challenges
10.3.2 Consumer Trust Issues
10.3.3 Technology Adoption Barriers
10.3.4 Regulatory Compliance Difficulties

10.4 User Readiness for Adoption

10.4.1 Awareness Levels
10.4.2 Technical Skills
10.4.3 Access to Technology
10.4.4 Willingness to Engage

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measurement of Success
10.5.2 Customer Feedback Mechanisms
10.5.3 Scalability of Solutions
10.5.4 Future Use Cases

11. Vietnam Live Commerce Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market Gaps Identification

1.2 Business Model Development


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban Retail Strategies

3.2 Rural NGO Tie-ups


4. Channel & Pricing Gaps

4.1 Underserved Routes

4.2 Pricing Bands


5. Unmet Demand & Latent Needs

5.1 Category Gaps

5.2 Consumer Segments


6. Customer Relationship

6.1 Loyalty Programs

6.2 After-sales Service


7. Value Proposition

7.1 Sustainability

7.2 Integrated Supply Chains


8. Key Activities

8.1 Regulatory Compliance

8.2 Branding

8.3 Distribution Setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product Mix
9.1.2 Pricing Band
9.1.3 Packaging

9.2 Export Entry Strategy

9.2.1 Target Countries
9.2.2 Compliance Roadmap

10. Entry Mode Assessment

10.1 Joint Ventures

10.2 Greenfield Investments

10.3 Mergers & Acquisitions

10.4 Distributor Model


11. Capital and Timeline Estimation

11.1 Capital Requirements

11.2 Timelines


12. Control vs Risk Trade-Off

12.1 Ownership vs Partnerships


13. Profitability Outlook

13.1 Breakeven Analysis

13.2 Long-term Sustainability


14. Potential Partner List

14.1 Distributors

14.2 Joint Ventures

14.3 Acquisition Targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Activity Planning
15.2.2 Milestone Tracking

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Analysis of market reports from industry associations and government publications
  • Review of academic journals and white papers on live commerce trends in Vietnam
  • Examination of social media analytics and consumer behavior studies related to live commerce

Primary Research

  • Interviews with key stakeholders in the live commerce ecosystem, including platform operators and brand managers
  • Surveys targeting consumers who engage in live commerce to understand preferences and behaviors
  • Focus group discussions with influencers and content creators involved in live commerce

Validation & Triangulation

  • Cross-validation of findings through multiple data sources, including sales data and consumer feedback
  • Triangulation of insights from primary interviews with secondary data trends
  • Sanity checks conducted through expert reviews and feedback from industry analysts

Phase 2: Market Size Estimation1

Top-down Assessment

  • Estimation of total market size based on e-commerce growth rates and live commerce penetration
  • Segmentation of the market by product categories and consumer demographics
  • Incorporation of macroeconomic factors influencing consumer spending in Vietnam

Bottom-up Modeling

  • Collection of sales data from leading live commerce platforms and retailers
  • Estimation of average transaction values and frequency of purchases in live commerce
  • Analysis of user engagement metrics to project growth in active participants

Forecasting & Scenario Analysis

  • Development of forecasting models based on historical growth trends and market drivers
  • Scenario analysis considering regulatory changes and technological advancements
  • Projections of market growth under different economic conditions through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Consumer Engagement in Live Commerce150Active Online Shoppers, Social Media Users
Brand Participation in Live Commerce100Marketing Managers, E-commerce Directors
Influencer Impact on Live Commerce80Content Creators, Social Media Influencers
Platform Performance Metrics70Product Managers, Data Analysts
Consumer Preferences and Trends120Market Researchers, Consumer Behavior Analysts

Frequently Asked Questions

What is the current value of the Vietnam Live Commerce Market?

The Vietnam Live Commerce Market is valued at approximately USD 4 billion, driven by increased smartphone penetration, internet connectivity, and a shift in consumer behavior towards online shopping, particularly through social media and integrated e-commerce platforms.

Which cities are the main hubs for live commerce in Vietnam?

What regulations has the Vietnamese government implemented for live commerce?

What are the key product categories in the Vietnam Live Commerce Market?

Other Regional/Country Reports

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Indonesia Live Commerce Market

Malaysia Live Commerce Market

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APAC Live Commerce Market

SEA Live Commerce Market

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South Korea Smartphone and Mobile Device Market

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Malaysia Content Creation and Streaming Market

Kuwait Fashion and Apparel Retail Market

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