Indonesia's anti-trust agency said on May 27 that it is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules.
Video shopping is emerging as a new trend, compelling sellers to adopt multi-channel strategies while enhancing key services such as express delivery, after-sales support and exclusive promotions.
According to a survey by Sapo Technology Joint Stock Company, 55.7% of revenue-growing sellers are adopting a multi-channel model, with most generating monthly revenues between 200 million and 1 billion VND.
The average transaction volume across five major e-commerce platforms in Vietnam, including Shopee, TikTok Shop, Lazada, Tiki, and Sendo, reaches 25.3 trillion VND, equivalent to 1 billion USD, per month.
Training human resources in e-commerce is among focuses in plans on e-commerce development for 2024 of many localities, according to the Vietnam E-commerce and Digital Economic Agency under the Ministry of Industry and Trade (MoIT).
E-commerce will remain the fastest growing and most stable economic sector this year, according to the Vietnam Online Business Forum 2023 in Hanoi on April 18.
Vietnam’s e-commerce is projected to continue booming in 2023 and developing firmly in the following years, aided by a series of growth drivers such as the wave of digital transformation, consumers’ trust, technological infrastructure, and favourable mechanisms and policies issued by the Government.
With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for spice production, consumption and export.
Eighty-one percent of Vietnamese respondents considered online shopping to be integral to everyday life, according to a regional consumer study conducted by e-commerce platform Lazada in collaboration with Milieu Insight.
The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.
Vietnam and Ho Chi Minh City in particular are considered to hold promise for retailers from home and abroad on the back of the large, young population and rising consumer price index amid the COVID-19 pandemic.
Thanh Ha lychees from the northern province of Hai Duong are now officially on sale on one of Vietnam’s leading online marketplaces, Lazada, according to the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade).
The Ministry of Finance has asked digital-based businesses and delivery service companies to provide information about e-commerce sellers using their platforms and services so they can be taxed.
Pham Thi Xuan Hong, owner of PinkShopGiayDep, was among six women from Southeast Asia to be honoured at the inaugural Lazada Forward Women Awards that recognise women trailblazers across the region in the e-commerce space who showcase resilience and innovation as entrepreneurs.
A signing ceremony of a memorandum of understanding on the launch of the first interface for Danish brands in Lazada, one of the modern e-commerce platforms in Vietnam, was held on November 19.
