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Update news e-commerce
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.
VietNamNet Bridge - Vietnam, a promising retail market for retailers thanks to its young population and economic growth, faces a lack of qualified workers for the sector.
Chinese online retailers are penetrating the Vietnamese market, putting pressure on domestically made products, analysts have warned.
VietNamNet Bridge - Tiki has received a hefty investment, Shopee is marching forward in midst of victory, Lazada has resources from Alibaba, and Cho Tot has new ambitions.
VietNamNet Bridge - Foreign e-commerce retailers are dominating Vietnamese firms through ad campaigns, delivery services and money collection services.
VietNamNet Bridge - The Chinese JD Group has announced a plan to pour money into Tiki, a Vietnamese e-commerce website.
VietNamNet Bridge - A number of startups successfully called for millions of dollars from foreign investors in 2017.
VietNamNet Bridge - Amazon is pursuing a two-step strategy to enter the Vietnamese e-commerce market.
VietNamNet Bridge - Foreign retail e-commerce businesses operating under the marketplace mode are increasingly dominating Vietnamese businesses in the market.
VietNamNet Bridge - Alipay has changed people’s payment habits in China. Will the same thing happen in Vietnam?
VietNamNet Bridge - Many Vietnamese companies have launched products and services specifically designed to target Generation Z, or customers born after 1995.
VietNamNet Bridge - More Vietnamese businesses have decided to increase their investments in online sales as e-commerce continues to boom.
VietNamNet Bridge - In the race to conquer the pocketbooks of consumers, delivery services are the ‘trump card’ for retailers.
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 - The forwarding market has been witnessing a boom since 2012 with the presence of many businesses, from post-based companies to young startups.
VietNamNet Bridge - Many businesses, from startups to big express delivery firms, have jumped into the market of fast delivery services for online shops.