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.
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 - 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.
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.