Online food sellers in Vietnam develop after COVID-19

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.

As more people buy food online, online sellers are expanding. — Photo cafef.vn

Nguyen Lam Vien, chairman and CEO of Vinamit Joint Stock Company, said the firm, which trades dried fruits, has developed a network of 200 online sellers during the pandemic.

“Thanks to online sellers, the firm’s sales are somewhat less terrible during the difficult time,” Vien told nld.vn.

Vien said revenue dropped at most of the distribution channels, such as stores and supermarkets, however, online sales have been improving.

In April, these online collaborators brought the company more than VND800 million (US$34,000). Vinamit has given the online collaborators bonuses alongside other traditional agents.

Similar to Vinamit, the Viet Nam Animal Industry Joint Stock Company (Vissan), famous for their sausages, has cooperated with electronic wallet Momo and delivery service Now for trading the products.

It is also cooperating with firms that offer shopping via a hotline and most recently they worked with the e-commerce trading exchange Sendo.vn to promote sales.

Phan Van Dung, the firm’s vice director said: "We also have a plan to collaborate with Lazada to boost sales and expand our online sales agency network.”

Dung said: “In a more competitive context, the company also encourages our agents to diversify selling methods.”

 

Owning a big food store in Ha Noi, Nguyen Thu Quyen also runs a food website, a Facebook page and a Zalo stall for her store. Together with other staff at the store, Quyen hires an employee to take the orders from the online channels.

Quyen said: “Quick responses on Facebook and Zalo are also key to gain the loyalty of online clients who can choose many stores at the same time. The quicker answer will win.”

As Quyen’s online sales are so good, she was asked to be the distributor of other big food brands such as CP and Vissan.

Pham Thanh Kien, director of the HCM City’s Department of Industry and Trade said the trend of online shopping, social networks and e-commerce has grown in the last two years.

Kien pointed out the rise was because online sales are managed more easily than other kinds.

Tran Hoang Ngan, director of the HCM City Development Research Institute said that online businesses, specifically those through e-commerce sites and social networks have been developing fast in recent years, especially amid COVID-19.

Ngan said the market has formed a team of traders who directly participate in the market without the legal guidance and management of the authorities, adding the government should organise skills training courses for them to form a healthier business environment. — VNS

Coronavirus: Food delivery driver paying back doctors who saved him

Coronavirus: Food delivery driver paying back doctors who saved him

Having survived cancer, one delivery rider in China is helping keep medical staff fed during the pandemic.

Food delivery by drones in Hanoi

Food delivery by drones in Hanoi

Using a drone to deliver banh mi – a strange and unique way to deliver a snack to your door - has been pioneered by a shop in Hanoi which is caught the eye of customers.

 
 

Other News

.
Starbucks suspends social media ads over hate speech
Starbucks suspends social media ads over hate speech
BUSINESSicon  29/06/2020 

The coffee giant said it would pause advertising on some platforms in an effort to address hate speech.

M&A deals could help VN businesses restructure amid pandemic
M&A deals could help VN businesses restructure amid pandemic
BUSINESSicon  29/06/2020 

Merger and acquisition (M&A) deals will likely increase post-pandemic, which industry insiders see as a chance for enterprises to restructure their operations to be more viable.

How will mobile money affect e-wallets?
How will mobile money affect e-wallets?
BUSINESSicon  29/06/2020 

Non-cash payment activities have developed strongly in recent years with many payment services such as digital banks and e-wallets.

Vietnam lures US$6 billion FDI into industrial parks
Vietnam lures US$6 billion FDI into industrial parks
BUSINESSicon  29/06/2020 

Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).

Gia Lai to have $44m hi-tech agricultural zone
Gia Lai to have $44m hi-tech agricultural zone
BUSINESSicon  29/06/2020 

A 100-ha hi-tech agricultural zone is scheduled to be built in the central highlands province of Gia Lai to develop breeding pigs and produce organic cattle feed and fertiliser.

Vietnam seeks quality FDI from EU
Vietnam seeks quality FDI from EU
VIDEOicon  29/06/2020 

Vietnam has undergone profound changes since first opening its doors to FDI more than 30 years ago.

Vietnamese business bemoans support conditions
Vietnamese business bemoans support conditions
BUSINESSicon  29/06/2020 

Amid numerous difficulties, slow-paced implementation of government-led policies to assist enterprises hit by the health crisis are leaving many businesses in the lurch, making it hard to boost local production, a key driver of  economic growth.

Real estate booms in HCMC's suburban areas
Real estate booms in HCMC's suburban areas
BUSINESSicon  29/06/2020 

The real estate market is picking up in the areas surrounding Ho Chi Minh City as inner-city options become limited and the infrastructure of these provinces is improving.

COVID-19-induced uncertainty affects bond markets
COVID-19-induced uncertainty affects bond markets
BUSINESSicon  29/06/2020 

The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.

HCM City’s housing industry faces difficulties
HCM City’s housing industry faces difficulties
BUSINESSicon  29/06/2020 

The property industry in Ho Chi Minh City, and in fact the country in general, faces several problems that need urgent solutions, especially with regard to legal provisions.

No licenses for transport firms with foreign holding of over 51%
No licenses for transport firms with foreign holding of over 51%
BUSINESSicon  29/06/2020 

Vietnamese transport firms wherein foreign investors contribute over 51% of the chartered capital will not be licensed, according to the Ministry of Transport.

Vietnam apparel firms won't see instant benefits from EVFTA
Vietnam apparel firms won't see instant benefits from EVFTA
BUSINESSicon  29/06/2020 

Vietnamese apparel companies will not enjoy immediate tariff cuts after the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, as they have to overcome strict rules of origin.

Vietnam slashes auto registration fee by half
Vietnam slashes auto registration fee by half
BUSINESSicon  28/06/2020 

Prime Minister Nguyen Xuan Phuc has just signed Decree 70 allowing the cut of 50% of the registration fee for customers who buy locally-produced and assembled automobiles, effective June 28.

Vietnam’s logistics industry hit hard by Covid-19 pandemic
Vietnam’s logistics industry hit hard by Covid-19 pandemic
BUSINESSicon  28/06/2020 

The Vietnamese logistics industry is among those hit the hardest by Covid-19, as the unpredictability and duration of the pandemic have presented multiple challenges in both the short and long terms, 

Major businesses undergo slow recovery after Covid-19
Major businesses undergo slow recovery after Covid-19
FEATUREicon  28/06/2020 

Despite the positive business results witnessed in the early months of the year, many listed companies have been cautious with their pre-tax profit targets.

Limit on capacity continues to hinder solar panel installation
Limit on capacity continues to hinder solar panel installation
BUSINESSicon  28/06/2020 

With the rising prices of electricity pushing many enterprises and households to install rooftop solar panels that partly help reduce electricity bills, the cap on solar power capacity is hindering the process.

Petrolimex pushes for PGBank-HDBank merger before Aug 31
Petrolimex pushes for PGBank-HDBank merger before Aug 31
BUSINESSicon  27/06/2020 

Petrolimex, which holds a 40% stake in the Petrolimex Group Commercial Bank (PGBank), sought to complete the merger between PGBank and the HCMC Development Bank before August 31, said the Vnexpress website.

Energy revolution
Energy revolution
BUSINESSicon  28/06/2020 

The first solar panel, which was invented by French physician Alexandre Edmond Becquerel in 1839, has become a significant watershed for the energy sector in the future. 

FDI inflows drop 15.1 percent year on year in first half
FDI inflows drop 15.1 percent year on year in first half
BUSINESSicon  27/06/2020 

Vietnam recorded a year-on-year decrease of 15.1 percent in foreign direct investment (FDI) inflows to 15.67 billion USD as of June 20, according to the Ministry of Planning and Investment (MPI).

WB debars Vietnamese firm for collusive and fraudulent practices
WB debars Vietnamese firm for collusive and fraudulent practices
BUSINESSicon  27/06/2020 

The World Bank Group has announced the seven-year debarment of Vietnam-based Sao Bac Dau Technologies Corporation (SBD) in connection with collusive and fraudulent practices under the Danang Sustainable City Development Project

 
 
 
Leave your comment on an article

OR QUICK LOGIN