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Update news e-commerce
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.
VietNamNet Bridge - The existence of shopping malls has been threatened by the rise of online shops.
VietNamNet Bridge - Many “big guys” have joined the e-commerce forwarding market but analysts believe that the fast-growing market is still open for newcomers.
VietNamNet Bridge - E-commerce has been developing more rapidly, thanks to the cooperation between online distributors and forwarders on a COD basis (cash on delivery).
VietNamNet Bridge – With the strong development of the internet, 3G and smart device users, Vietnam’s e-commerce is expected to enter a boom period in 2015 with projected turnover of $4 billion.
Rice exporters worry as competition grows; HCM City SMEs need support to borrow from banks; HSBC predicts further OMO rate cut soon; E-commerce sites attract more corporate clients; Listed firms seek investment equality
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 – Internet users tend to use their mobile devices instead of desktop computers, but Vietnamese company websites have not been optimized to meet customer demand.
VietNamNet Bridge – Government agencies should adopt a new approach to efficiently manage the Uber car-sharing service in Vietnam,
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