VECOM

Update news VECOM

Big players compete with newcomers in forwarding market

VNPost, EMS and ViettelPost, the big players in the forwarding market, are now faced with growing competition from smaller players such as giaohangso1.vn, tochanh.vn and giaohangnhanh.vn which are scrambling for market share. 

Online shopping market poised to explode

VietNamNet Bridge - Online shopping services are expected to boom in the next five years.

Vietnamese online advertising market bought by Norwegian giant Telenor

VietNamNet Bridge - Vietnam’s Cho Tot and ImSold, the largest online marketplace, will be officially taken over by Telenor, the telecom group from Norway, in June.


Online sales finally begin to bear fruit

VietNamNet Bridge - Retailers’ great efforts to develop online sales have been rewarded with initial success. 

E-commerce firms struggle to gain profits

VietNamNet Bridge - Low profit margins and high operating costs are daunting problems for investors in the e-commerce sector.  

Confrontation between Vuivui and Tiki anticipated

The confrontation between Vuivui and Tiki, one of the most successful e-commerce firms in Vietnam, which is supported by VNG, is expected to be an interesting story in 2017.

Amazon, Alibaba face competition from Facebook goods sellers

VietNamNet Bridge - Representatives of freight and forwarding firms attending a recent workshop held by Vecom all expressed concern about the invasion of foreign e-commerce giants such as Alibaba and Amazon. 

Online retail sales projected at US$10 billion by 2020

 VietNamNet Bridge – The Vietnam E-commerce Association (VECOM) has projected the nation’s online retail sales would amount to US$10 billion by 2020, accounting for 5% of total retail revenue.  

Study finds gaps in e-commerce growth

VietNamNet Bridge – A recent report by the Viet Nam e-Commerce Association revealed growing disparity in e-commerce development among provinces and cities, and urged the Government to implement policies

HCM City holds top slot in e-commerce index

 VietNamNet Bridge – Ho Chi Minh City remains its top slot in the Vietnam E-commerce Index 2013 which was announced by the Vietnam E-commerce Association (VECOM) in a ceremony in Hanoi on December 30.