Online import and export activities of small- and medium-sized enterprises (SMEs) are expected to develop further due to the low number of them currently embracing e-commerce, according to experts.
The end of 2018 saw significant events in the Vietnamese e-commerce market. Tiki surpassed Lazada to occupy the second position in the market in quarter IV/2018 and Vietnamese e-commerce companies are in the top 10 of Southeast Asia’s highest-traffic e-commerce sites.
The Ministry of Industry and Trade (MoIT) plans to publish a list of e-commerce websites and mobile applications that violate laws and regulations on online trading.
Many foreign giants have invested in Việt Nam’s leading e-commerce platforms even as they incur big losses, as they continue to see the long-term potential of the country’s rapidly expanding online shopping sector.
Blockchain technology will play an important role in building the digital economy and the fourth industrial revolution.
Big Day, the online summer shopping promotion of 2018, has started at 12 midnight and will last until 12 p.m. today, the Ministry of Industry and Trade said.
Gaining the trust of customers is still a challenge to the development of the e-commerce industry despite its huge potential.
The e-commerce market has taken off in Việt Nam thanks to booming internet usage and smartphone ownership, along with massive investments from key retail players.
Việt Nam is one of the world's fastest growing e-commerce countries, Lại Việt Anh, deputy director of Việt Nam E-commerce and Information Technology Agency (Vecita) under the Ministry of Industry and Trade, said.
Online Friday 2017, the largest annual event for the e-commerce business and consumer communities in Việt Nam, kicked off on Thursday evening in HCM City.