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E-commerce market grows by 18 pct

E-commerce market grows by 18 pct

Vietnam’s e-commerce market expanded by 18 percent last year to $11.8 billion, the only country in Southeast Asia to record double-digit growth amid the Covid-19 pandemic.
Ministry wants social networks used to sell goods treated as online marketplaces

Ministry wants social networks used to sell goods treated as online marketplaces

Social networks that enable trading of goods should be regulated like e-commerce trading platforms, a draft decree by the Ministry of Industry and Trade proposes.
January 18, 2021 | 08:05 pm GMT+7
E-wallet Momo secures investments from foreign funds

E-wallet Momo secures investments from foreign funds

Momo has secured investments from three new foreign funds and existing shareholders in its fourth round of funding.
January 14, 2021 | 05:00 pm GMT+7
Give and take is not a given when money is digitized

Give and take is not a given when money is digitized

Cashless transactions look like a win-win situation, but issues of privacy and individual freedom are far from guaranteed, and there are some disquieting implications.
January 14, 2021 | 07:49 am GMT+7
Amazon has over 100,000 Vietnamese sellers

Amazon has over 100,000 Vietnamese sellers

Over 100,000 Vietnamese sellers have successfully debuted on Amazon, with fashion and household goods being some of their best-selling products.
December 09, 2020 | 10:44 am GMT+7
Pandemic creates new breed of young online entrepreneurs

Pandemic creates new breed of young online entrepreneurs

With salaries falling and job prospects becoming uncertain amid the Covid-19 pandemic, young Vietnamese are looking to e-commerce for sustainable incomes.
November 27, 2020 | 02:45 pm GMT+7
Singles’ Day sales skyrocket on e-commerce platforms

Singles’ Day sales skyrocket on e-commerce platforms

Major e-commerce platforms in Vietnam saw sales on Singles’ Day (November 11) double year-on-year, signaling economic recovery after heavy Covid-19 impacts.
November 12, 2020 | 03:46 pm GMT+7
Tax evasion remains rife among online sellers

Tax evasion remains rife among online sellers

Many people earning huge incomes from online commercial activities do not pay tax until discovered by tax authorities.
November 05, 2020 | 01:30 pm GMT+7
Nearly half of Vietnamese shop online: report

Nearly half of Vietnamese shop online: report

Some 44.8 million people, or nearly half the population, shopped online last year, a 13 percent rise from the previous year, a report said.
August 21, 2020 | 07:51 am GMT+7
HCMC police hunt French CEO of e-commerce site over $280,000 debt

HCMC police hunt French CEO of e-commerce site over $280,000 debt

Saigon police have issued a notice seeking the French director of e-commerce site Leflair following accusations of unpaid debt totalling VND6.5 billion ($280,000).
July 03, 2020 | 04:48 pm GMT+7
Vietnam e-commerce market set to grow 30 pct

Vietnam e-commerce market set to grow 30 pct

Vietnam’s e-commerce market is set to maintain its recent growth momentum this year with a 30 percent year-on-year rise to reach $15 billion.
June 29, 2020 | 10:43 am GMT+7
E-commerce platform helps diverse foreign brands click in Vietnam

E-commerce platform helps diverse foreign brands click in Vietnam

Buy2Sell has distributed a diverse range of branded goods to the medium and high-end market segments in Vietnam over the last five years.
May 19, 2020 | 08:00 am GMT+7
Covid-19 impacts: IT sector bucks trend, offer more jobs

Covid-19 impacts: IT sector bucks trend, offer more jobs

IT is among very few sectors seeing higher employment rates even as the Covid-19 pandemic cuts jobs elsewhere.
April 21, 2020 | 02:00 pm GMT+7
Despite Covid-19, Vietnam sees no online shopping surge

Despite Covid-19, Vietnam sees no online shopping surge

Vietnam’s e-commerce sector has not yet reaped reverse gains of the Covid-19 pandemic, with industry insiders saying business has actually dropped.
March 23, 2020 | 09:23 am GMT+7
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