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Vietnam to have 50M digital wallets this year
The number of active digital wallets in Vietnam will surge by 40% to 50 million by the end of this year, according to by financial data provider FiinGroup.
Vietnamese spend $1.3B on Shopee, Lazada, TikTok, Tiki
Vietnam transaction values on online shopping platforms Shopee, Lazada, TikTok Shop and Tiki totaled VND31.9 trillion (US$1.28 billion) in November, according to e-commerce data intelligence platform EcomHeat.
‘Pay with Pi’ shop pops up on Shopee
A cosmetics vendor that accepts payment with Pi cryptocurrency – even though it is not recognized as a legal tender in Vietnam – caused a stir on social media before quickly disappearing.
March 20, 2023 | 11:49 pm PT
Tax office obtains data about 53,200 vendors from e-commerce platforms
The General Department of Taxation has gathered information about 53,200 individuals and 14,875 organizations who sell products on e-commerce platforms like Shopee, Lazada and Sendo to tax them.
February 11, 2023 | 12:00 am PT
Gang poses as Shopee, swindles $215,200 from victims
Six people in Hanoi, led by a Chinese citizen, were arrested for masquerading as e-commerce giant Shopee to hire collaborators, then swindled VND5 billion ($215,239) out of them.
June 18, 2022 | 02:34 am PT
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 Airlines tops YouGov best brand ranking
National flag carrier Vietnam Airlines retained its healthiest national brand spot in a ranking by U.K.-based market research firm YouGov, despite Covid-19 impacts.
November 19, 2020 | 06:16 pm PT
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 | 12:46 am PT
Shopee dominates online shopping in Vietnam
Shopee reported a new web traffic record in Vietnam with 52.5 million monthly visits last quarter, exceeding Lazada’s previous record in 2017.
August 18, 2020 | 08:56 pm PT
E-commerce sites reap bumper harvests on Singles’ Day
Vietnam’s e-commerce platforms say both traffic and sales surged multiple times on Singles’ Day, a major promotional event, which fell on November 11.
November 13, 2019 | 10:00 pm PT
E-commerce competition flares up as holiday shopping season begins
Vietnam’s e-commerce platforms are going all out with promotions and other marketing campaigns to woo customers for the year-end shopping season.
November 7, 2019 | 06:04 pm PT
Vietnam’s web-based shopping growth second highest in Southeast Asia
H1 e-commerce traffic growth in Vietnam was the second highest in Southeast Asia at 11 percent, a report has found.
September 26, 2019 | 05:00 pm PT
Vietnam e-commerce: Lazada user numbers fall, Shopee, Tiki in front
Online shopping platform Lazada is struggling to gain users while Shopee and Tiki remain leaders as competition tightens in the e-commerce market.
July 18, 2019 | 05:06 pm PT
Vietnamese women up makeup spending
More Vietnamese women are wearing makeup and spending more on makeup products, a new survey finds.
February 13, 2019 | 02:37 am PT
Online Black Friday runs lackluster campaign
Online Black Friday retailers failed to enthuse customers with usual discounts, while brick and mortar stores saw heavy traffic.
November 23, 2018 | 10:33 pm PT
E-commerce giants rake in losses as market share war continues
In for the long haul, online retailers are willing to ignore losses, focusing on promotions to attract more customers.
September 4, 2018 | 09:29 pm PT
Shopping website removes toy with controversial nine-dash line
Authorities had ordered that Shopee removes a toy showing a Chinese map violating Vietnam’s sovereignty.
August 3, 2018 | 03:26 am PT
E-commerce booms in Vietnam but top firms stay in the red
The Vietnamese e-commerce market is posting double digit growth and its potential has top firms ignoring their bottom lines, for now.
July 16, 2018 | 04:51 pm PT
Local e-commerce sites win the hearts of Vietnam's shoppers
Eight out of the 10 most visited e-commerce sites in Vietnam are locally based, but number one spot goes to Lazada.
September 28, 2017 | 05:09 pm PT