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Update news e-commerce
VietNamNet Bridge - What will happen if Central Group and Lotte Mart, the big retail chains, jump into the e-commerce market?
VietNamNet Bridge - After Lazada and Zalora were taken over by big retailers, the competition in the e-commerce market became fierce. Vietnamese firms rushed to retain their market share.
VietNamNet Bridge - E-commerce delivery firms usually make no profits in the first two or three years of operation. Though they have to spend big money, their revenue is modest.
VietNamNet Bridge - It is estimated that 70-80 million packages need to be delivered in 2016, creating a market large enough for many players.
VietNamNet Bridge - Investors can see great promise and high growth in the e-payment service market, though it now makes up only 5 percent of the total $4 billion worth of e-commerce.
VietNamNet Bridge - The representative of FPT Shop said that if FPT Shop joins hands with Alibaba, it could strengthen its online business.
VietNamNet Bridge - Experts have warned that Vietnam's e-commerce market, which makes up 2.8 percent of total turnover of retail goods and services, may fall into foreign hands.
VietNamNet Bridge - It is Jack Ma, not Vietnamese firms, who has been reaching every corner of Vietnamese craft villages and inviting them to join his online trading floors. Why?
VietNamNet Bridge - E-commerce firms say m-commerce will be the key in their business development strategy in 2016 and upcoming years.
VietNamNet Bridge - Analysts have compared the investors and the e-commerce market with foxes and grapes. The foxes have come, but the grapes are still not ripe.
The Vietnam e-Business Index (EBI) 2015 report has revealed great disparity in e-commerce development among localities, particularly in big cities including Ho Chi Minh and Hanoi.
Vietnam has great potential for electronic commerce as it ranks in the world’s top 20 countries for internet users and first in Asia in internet user growth rate with over 30 percent of its population accessing the worldwide web.
A new path of development began when Vietnam achieved a 6.68% GDP growth rate in 2015, signed a number of free trade agreements, and joined the ASEAN Economic Community. New opportunities and challenges await Vietnam in the new year.
VietNamNet Bridge - All big e-commerce firms have to struggle to expand market share to exist and develop rapidly enough to satisfy investors.
VietNamNet Bridge - Gone is the time when big fish swallow smaller fish. It is now the time when faster fish will eat slower ones, according to Nielsen.
E-retailing or e-commerce has become popular in Vietnam since 2004 with the number of online customers having been on the rise. Many foreign giants have entered the Vietnamese market recently creating a race forcing local firms
VietNamNet Bridge - Many investors have entered the e-commerce market with strong determination and powerful financial capability, but then later have left quietly.
VietNamNet Bridge – E-commerce has developed vigorously in Viet Nam in recent years and has helped Vietnamese companies improve their businesses.
VietNamNet Bridge - Market survey reports all show that shopping via mobile devices is becoming more and more popular among Vietnamese.
Television, magazine and newspaper ads continue to be among the most trusted forms of paid advertising in Viet Nam, according to a report issued by market research firm Nielsen on Wednesday.