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Shinhan acquires 10 pct stake in Tiki

Shinhan acquires 10 pct stake in Tiki

South Korea's Shinhan Financial Group said it has reached an agreement to acquire a 10 percent stake in Vietnam-based e-commerce company Tiki.
E-commerce hammered by China’s zero-Covid policies

E-commerce hammered by China’s zero-Covid policies

It has been 21 days since Quang Thanh ordered some clothes from a shop in China via e-commerce platform Shopee, and the package has still not arrived.
April 14, 2022 | 05:57 pm PT
E-commerce startup raises $7 mln

E-commerce startup raises $7 mln

Vietnam e-commerce startup OpenCommerce Group has raised $7 million in a Series A funding round led by internet company VNG and venture capital firm Do Ventures.
February 24, 2022 | 05:45 pm PT
Covid-19 and digitalization in Southeast Asia: a big leap forward but gaps widen too

Covid-19 and digitalization in Southeast Asia: a big leap forward but gaps widen too

At the World Economic Forum Davos Agenda virtual event, taking place from Jan 17 to 21, global leaders focused their discussion on a common interest that is shared across the regions and fields - that is the recovery from the pandemic.
February 13, 2022 | 07:35 pm PT
Behind e-commerce giant Lazada's success in pandemic-hit year

Behind e-commerce giant Lazada's success in pandemic-hit year

In light of its proud achievements in 2021, Lazada Vietnam expects more breakthroughs in 2022 to bring more value for their customers and partners.
January 27, 2022 | 03:00 am PT
Vietnam projected to become region’s 2nd biggest e-commerce market

Vietnam projected to become region’s 2nd biggest e-commerce market

Vietnam’s e-commerce market, currently the fourth largest in Southeast Asia, is likely to surpass Malaysia and Thailand to go second behind Indonesia, foreign companies and analysts say.
November 28, 2021 | 11:44 pm PT
Vietnam’s e-commerce traffic higher than Thailand, Malaysia

Vietnam’s e-commerce traffic higher than Thailand, Malaysia

E-commerce web traffic from Vietnam is double that of Thailand and triple that of Malaysia in Q3, showing high demand for online shopping amid the pandemic, a report has found.
November 26, 2021 | 12:15 am PT
Vietnam Airlines launches e-commerce platform

Vietnam Airlines launches e-commerce platform

Vietnam Airlines has launched a new e-commerce platform VNAMALL, focused on selling imported products from countries to which it operates.
November 22, 2021 | 05:00 am PT
Cold storage rent soars as supply dwindles

Cold storage rent soars as supply dwindles

Rent for cold storage in the south stands at $87 per ton in Q4, up 1.67 times against Q1 last year due to limited availability.
November 14, 2021 | 04:41 pm PT
E-commerce platforms bank on year’s biggest sales event

E-commerce platforms bank on year’s biggest sales event

Nov. 11 has become the biggest shopping event of the year in Vietnam as e-commerce giants throw big bucks into promotions, seeking to entrench the online shopping habit among locals.
November 11, 2021 | 01:23 am PT
Vietnam Internet economy to expand 31 pct: Google report

Vietnam Internet economy to expand 31 pct: Google report

Vietnam’s Internet economy is expected to grow by 31 percent to $21 billion this year despite little or no contribution from the online travel market.
November 10, 2021 | 08:49 pm PT
Tiki raises $258 mln from global investors

Tiki raises $258 mln from global investors

E-commerce company Tiki raised $258 million in its latest funding round as it eyes a U.S. IPO.
November 7, 2021 | 11:02 pm PT
Vietnam considers tightening import tax on e-commerce deliveries

Vietnam considers tightening import tax on e-commerce deliveries

The Ministry of Finance is considering limiting the import of low-value packages through e-commerce platforms to close a suspected loophole.
September 4, 2021 | 05:26 pm PT
E-commerce platforms resume deliveries in HCMC's high-risk Covid areas

E-commerce platforms resume deliveries in HCMC's high-risk Covid areas

E-commerce platforms Lazada and Shopee have begun making deliveries in HCMC’s high-risk Covid areas while Tiki and Sendo say they are working towards doing the same soon.
September 2, 2021 | 12:20 am PT
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