As such, beyond broader impacts such as rising global oil prices exerting inflationary pressure and risks of disruptions to maritime routes through the Middle East, developments in the region may also have direct implications for Vietnam.

According to the Ministry of Industry and Trade, e-commerce in Vietnam will maintain a growth rate of 20% in 2022.

According to UNCTAD, trade in goods and services is expected to reach $25 trillion and $7 trillion respectively, by the end of the year.