Up to 44 percent of some 35 Internet users in Vietnam have yet shopped
online, said a representative from Internet giant Google at a talk on
the 2014 Vietnam Online Shopping Day and online advertising strategies
in Hanoi on November 25.
Online shopping has developed strongly in Vietnam in recent time and is
forecast to further develop in the coming years, according to the
E-commerce and Information Technology Department.
The Vietnamese retail market has huge potential, but local investors are
frittering away the advantage by failing to develop modern retail, a
senior industry-trade official has warned.
The Department of E-commerce under the Ministry of Industry and Trade on
June 15 introduced a system to assess the trustworthiness of e-commerce
websites in Vietnam in a bid to protect local customers from online
trade frauds.
In an article published in the English language daily Vietnam News on
May 27, Avilash Roul (Ph.D.), Senior Fellow at Society for the Study of
Peace and Conflict (SSPC), India, said China is a true case of showing
off muscle power in its influence without respecting international
accepted norms.
Joining the United Nations Convention on the Use of Electronic
Communications in International Contracts (ECC) is urgent for Vietnam in
the context of the country’s growing international economic integration
and digitisation, said experts at a workshop in Hanoi on April 11.
No enterprise has obtained the dominant position in the e-commerce
market in Vietnam, which means that great opportunities are still
awaiting new comers, according to an article published on the English
language news website VietNamNet Bridge.
Domestic websites have been dominating the home e-commerce market, but
the market situation would change someday, according to an article
published on the English-language online newspaper VietNamNet Bridge.
Ho Chi Minh City remains its top slot in the Vietnam E-commerce
Index 2013 which was announced by the Vietnam E-commerce Association
(VECOM) in a ceremony in Hanoi on December 30.
The total value of Vietnamese e-commerce market is expected to reach 1.3
billion USD by 2015, the local Tuoi Tre (Youth) newspaper reported,
citing sources from the Vietnam E-commerce and Information Technology
Agency (VECITA).
Administrative agencies have been doing their utmost to facilitate
e-commerce development, affirmed Tran Huu Linh, Head of the Ministry of
Industry and Trade’s E-Commerce and Information Technology Agency.
Electronics enterprises were encouraged to implement measures to improve
information security, respect customer privacy and increase the quality
of their services in order to succeed in e-trading activities, a
conference heard on Nov. 30.
China spares no effort in promoting its trade with Vietnam and
encourages businesses in its border provinces to strengthen cooperation
with Vietnam in commerce, trade and construction.
XIII National Congress of Communist Party of Vietnam
