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.
Promoting exports to Singapore, which has open trade mechanisms and high-quality services, is viewed as a shortcut for Vietnamese small and medium-sized enterprises (SMEs) to send their products out to the world, according to industry insiders.
The Mid-Autumn Festival is a time for mooncake, a baked pastry that symbolises family reunions and which is traditionally consumed as part of the celebrations.
As many as 215 businesses from 10 member countries of the Association of Southeast Asian Nations (ASEAN) are expected to offer special promotion programmes during ASEAN Online Sale Day on August 8.
E-commerce is developing rapidly in Vietnam but needs a new push to reach rural areas and help small- and medium-sized enterprises (SMEs) close the gap with large enterprises, experts have said.
The COVID-19 pandemic has contributed to forming online shopping and online payment habits, a trend that is likely to continue after the pandemic, held experts.
Joint efforts are being made to crack down on the illegal trade of wild animals on the Internet in Vietnam as more traders have shifted offline to Internet-based markets.
Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-25 recently approved by Deputy Prime Minister Trinh Dinh Dung.
Online food sellers have long been known as a channel to buy local, unnamed products, but now they are growing as an effective source for branded food firms.
The e-commerce market in Ho Chi Minh City has developed significantly, with total online spending growth up by more than 12 percent annually since 2015, according to the municipal Department of Industry and Trade’s report on e-commerce development.
Eighty-three percent of companies in the physical value chain in Vietnam have been suffering from supply issues over the past two months due to the impact of the COVID-19 pandemic, a recent survey by CEL Vietnam, a supply chain consulting and training firm, has found.
The Ministry of Industry and Trade has been cracking down on profiteers for selling face masks, hand sanitisers and other items for inflating prices due to the high demand caused by the ravaging COVID-19 epidemic.
Vietnam’s e-commerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3 percent from 9.4 billion USD last year to 17.3 billion USD in 2023, data analytics company GlobalData forecast.
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