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Update news VECOM
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.
VietNamNet Bridge - Online shopping services are expected to boom in the next five years.
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.
VietNamNet Bridge - Retailers’ great efforts to develop online sales have been rewarded with initial success.
VietNamNet Bridge - Low profit margins and high operating costs are daunting problems for investors in the e-commerce sector.
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.
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.
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.
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
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.