VietNamNet Bridge - Many forwarding companies have opened recently, creating a cutthroat market.

VietNamNet Bridge - The presence of Chinese e-commerce brands in Vietnam has raised concern that Chinese mobile payment apps and Chinese products will flood the Vietnamese market.

Many e-commerce firms have had to leave and the market has been re-organized with only several big players. They continue their cutthroat competition to gain the upper hand over rivals.

VietNamNet Bridge - Vietnamese SMEs are using e-commerce to export products at reasonable costs.

The owners of Shopee, Lazada and Tiki, the best known e-commerce websites in Vietnam, all are foreigners. 

The total accumulative loss of the four biggest players in the e-commerce market has reached VND4.5 trillion. 

The major battle among e-commerce firms is quietly occurring in their warehouses.

 Vietnam has become an attractive destination for foreign firms and a potential market for digitalisation and electronic commerce, said Dato Lim Jock Hoi, Secretary General of the ASEAN.

VietNamNet Bridge - More money has been injected into the e-commerce market, while leading e-commerce firms have expanded.

VietNamNet Bridge - The predicted growth rate of 30-50 percent per annum for e-commerce is expected to strongly facilitate the development of the logistics industry.

VietNamNet Bridge - Despite big losses, e-commerce firms area still continue to pump money into e-commerce websites. It’s still unclear when the tough days will end.

The e-commerce community predicted that 2018 would be the year of fashion products in Vietnam, noting that busy office workers were buying more clothes from online shops.

VietNamNet Bridge - The non-cash payment service market, a lucrative one in Vietnam, is mostly under control of foreign service providers.

VietNamNet Bridge - Vietnam has 49 million internet users, or half of the total population, according to Sen Do (sendo.vn), an e-commerce trading floor. 

VietNamNet Bridge - The map of the Vietnam’s e-commerce market is being redrawn as more and more foreign firms have entered the field.

The 2018 Vietnam E-Business Index that was released by the Vietnam E-commerce Association (VECOM) showed an overall 25 percent growth rate in e-commerce. More than 4,000 businesses were surveyed. 

Amazon will find it not easy to conquer the Vietnamese market as it will have to compete with millions of people selling products via social networks, especially Facebook, analysts say. 

VietNamNet Bridge - E-commerce has gained stunning growth over the last few years, but taxation agencies are finding it difficult to collect taxes from businesses and individuals in the sector.

VietNamNet Bridge - Many in the Vietnamese entrepreneurial community believe the arrival of Amazon, the e-commerce giant, will be a ‘threat’, not an ‘opportunity’.

VietNamNet Bridge - Three giant e-commerce corporations, Alibaba, Tencent and JD.com of China, have arrived in Vietnam.