Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.

Ensuring the quality of products bought online has long been tricky, but commercial livestreams, e-consulting and virtual reality on e-commerce sites could change that.

Online shopping traffic in Vietnam so far this year rocketed over 150 percent against a year earlier, with daily visits to e-commerce sites growing to 3.5 million, 

Black Friday, Singles Day and Christmas are the time for e-commerce platforms to make big money.

The Covid-19 pandemic has forced retailers to shift from traditional sales to online sales to adapt to the new circumstances.

Vietnamese people are shopping on social networks more than on e-commerce websites. The payment methods for goods exchanged on the social networks, however, remains very ‘primitive’.

A handmade paper postcard is priced at VND20,000 in Vietnam, but it can be sold for a price 10 times higher on Amazon. Putting Vietnam’s products on sale on marketplaces is the way to penetrate the US market quickly.

Businesses need to develop specific business plans to succeed in e-commerce activities that are seeing strong development in Vietnam, according to experts.

Within one hour, nearly 2,000 products were sold by last cam farmers. In the middle of the pandemic, Truong Thi Tam, a local seller, for the first time tried to sell her goods by livestreaming.

Nguyen Quy Quynh has been elected for two consecutive terms as vice president of the research team No 1 for the ITU (International Telecommunication Union) Development (ITU-D).

Vietnam’s e-Commerce growth reached 32 percent last year and averaged about 30 percent annually since 2016, according to a report by the Vietnam e-Commerce Association (VECOM).

The governments that quickly move forward will be ahead of those that hesitate and proceed slowly in applying digital technologies.

The 2020 white book on e-commerce released last month by the Department of e-Commerce and Digital Economy under the Ministry of Industry and Trade provides some legal updates relevant to e-commerce, the focus of which is the 2019 Tax Management Law

Grab and MoMo are veterans in their core business fields, but they are the newcomers in the e-commerce market.

The total number of visits to online shopping apps in Vietnam reached 12.7 billion in the first six months of the year, the highest ever figure.

While cashback is considered a strong method to encourage cashless payments, numerous websites and apps are taking advantage of uninformed consumers with untransparent and illegal multi-level marketing models.

The number of Vietnamese using ride-haling services has increased rapidly in recent years, signalling the potential for the development of the sharing economy in the country.

The Vietnam Competition and Consumer Protection Authority (VCCA) has issued a warning over cashback apps which lack transparency and showed signs of illegal multi-level marketing.

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce

Vietnam’s e-commerce saw a 30 percent growth rate from 2016 to 2020, according to the Ministry of Investment and Planning. The country aims to have 55 percent of population shopping online by 2025.