Latest News about e-commerce
It is a particularly exciting time for demographers in Vietnam as the country’s preliminary census data has now been made available.
They are spending big money on technology to manage business effectively and give clients the best experiences, and on marketing campaigns to lure more customers.
E-commerce is developing rapidly in Viet Nam but it needs a new push to reach rural areas and help small- and medium-sized enterprises (SMEs) reach customers, experts have said.
The ratio of cashless payments in Vietnam remains low, standing at only 11.49 percent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).
The passing of the amended Law on Tax Management by the National Assembly is expected to improve the taxation on e-commerce activities.
Tighter regulations should be applied for people who buy products online under the cash on delivery (COD) form to prevent the situation in which customers refuse to receive the ordered goods.
There should be a shared database of online sellers to make sure tax collection in e-commerce activities is sufficient, officials have said.
As service platforms now have a large number of users, online marketplaces have begun thinking of removing the payment fee exemption to ease losses.
VNG, the Vietnamese technology firm specializing in digital content, online entertainment, social working and e-commerce, now has a valuation of $2.77 billion.
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