- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news VECITA
VietNamNet Bridge - Young consumers with the habit of using smartphones are expected to be a new source of business growth.
VietNamNet Bridge - Many e-commerce floors have opened to great fanfare, while others have shut down quietly.
VietNamNet Bridge - Vietnamese customers will often order 10 or more products online, but then only pay for one item because of a late change they make to their order.
With the third largest population in SE Asia and 70 percent of people of working age, Vietnam has high potential for fast-moving consumer goods (FMCG) manufacturers.
VietNamNet Bridge - No one doubts the power of e-commerce giants like Amazon, but many local analysts believe the company cannot succeed in the Vietnamese market.
Lingo.vn, the Vietnamese e-commerce website which announced its ambitious plan to become No 1 in online sales, has shut down. Some others also have stopped their operation and many others are not doing that well.
VietNamNet Bridge - With the strong development of e-commerce, more and more e-wallets are now available in Vietnam, but they are still not that useful.
VietNamNet Bridge - After Lazada and Zalora were taken over by big retailers, the competition in the e-commerce market became fierce. Vietnamese firms rushed to retain their market share.
More and more Vietnamese consumers are using smartphones to search information about products, order goods and make payments, according to Nguyen Phi Hung, director of DKT Media, Google’s main partner in Vietnam.
VietNamNet Bridge - It is estimated that 70-80 million packages need to be delivered in 2016, creating a market large enough for many players.
VietNamNet Bridge - Investors can see great promise and high growth in the e-payment service market, though it now makes up only 5 percent of the total $4 billion worth of e-commerce.
VietNamNet Bridge - Experts have warned that Vietnam's e-commerce market, which makes up 2.8 percent of total turnover of retail goods and services, may fall into foreign hands.
A new path of development began when Vietnam achieved a 6.68% GDP growth rate in 2015, signed a number of free trade agreements, and joined the ASEAN Economic Community. New opportunities and challenges await Vietnam in the new year.
VietNamNet Bridge - All big e-commerce firms have to struggle to expand market share to exist and develop rapidly enough to satisfy investors.
VietNamNet Bridge – The Ministry of Industry and Trade's Viet Nam E-Commerce and Information Technology Agency (VECITA), has said that total sales for the e-commerce sector have soared to US$2.2 billion in 2013,
VietNamNet Bridge – Vietnamese e-commerce sales are expected to hit more than US$4 billion in 2015, thanks to growing internet users, reports the Viet Nam E-commerce and Information Technology Agency (VECITA).