Vietnamplus

E-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment.

Police in Hanoi’s Hoang Mai district said on August 21 they had issued decisions to start legal proceedings against and detain four suspects for allegedly engaging in a wire fraud scheme seeking to profit from the COVID-19 pandemic.

A workshop held in Hanoi on April 18 to discuss the protection of consumers in e-commerce amidst the fact that fake goods and of intellectual property violations becoming more common.

The Ministry of Industry and Trade (MoIT) is seeking solutions to stop fake goods appearing on e-commerce websites, said an official at a conference held in Hanoi recently.

Information technology is helping everyone including people with disabilities in Vietnam change their lives and the way they do business, delegates told a recent conference in Ho Chi Minh City.

The Ministry of Industry and Trade (MoIT) plans to publish a list of e-commerce websites and mobile applications that violate laws and regulations on online trading.

Although the mobile advertisement market in Vietnam is still modest as compared to regional countries, businesses are said to splash out 200 million USD on advertisement on mobile platform in 2020, much higher than the amount of 78 million USD recorded in 2017.

Many well-known consumer brands of the past are making a comeback in Vietnam, indicating a new-found confidence on the part of local companies to take on multinational rivals.

The northern port city of Hai Phong ranked third in the 2017 e-Business Index (EBI), and though local infrastructure is all set for e-commerce, few companies are ready to trade online.

As Tet (Lunar New Year) holiday approaches, spaces for lease to sell ornamental flowers, fruit trees and other goods in supermarkets, markets and along roads is “hot” across the country.

Online shopping in Vietnam has seen a dramatic rise in recent years.

E-commerce websites saw turnover increase by 45 percent last year and investment go up by 30 percent.

The industry and trade ministry’s E-commerce and Information Technology Agency (VECITA) has warned consumers and investors to be cautious while purchasing virtual currencies on e-commerce websites.

Online trading grew rapidly in HCM City last year, contributing a third of all e-commerce revenue in the country.