buy now pay later the future of retail payment

Buy Now Pay Later - The future of retail payment?

Foreign and Vietnamese companies are placing large bets on the buy now, pay later approach in Vietnam, thanks to a significant increase in the use of the payment method, but the sector still presents certain dangers.
insurers show off digital led products

Insurers show off digital-led products

To simplify the purchasing process, insurance companies are in a race to launch new digital products while cooperating with the banking industry and e-commerce platforms.
e commerce marketplaces act as new search engines

E-commerce marketplaces act as new search engines

A report released by Lazada finds 57 per cent of shoppers in the region search for products directly on e-commerce marketplaces, establishing e-commerce platforms as new search engines.
localities accelerate digital transformation in tourism

Localities accelerate digital transformation in tourism

Localities nationwide are accelerating digital transformation to create breakthroughs in the tourism sector.
tech giants complying with new tax system

Tech giants complying with new tax system

A range of multinationals have already complied with Vietnam’s new foreign supplier tax portal – subsequently, these groups are now adjusting their tax policies, which may affect companies and individuals who generate income from digital platforms.
cashless payments take over the streets

Cashless payments take over the streets

Cashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers.
foreign e commerce floors must supplement business licenses before january 1

Foreign e-commerce floors must supplement business licenses before January 1

Foreign-invested e-commerce floors doing business in Vietnam must supplement their business licenses before January 1 next year if they have not provided enough according to regulations.
clearing the way to legal support for bnpl services

Clearing the way to legal support for BNPL services

As of 2022, Vietnam’s population is close to 100 million, with two-thirds being of working age. The country is home to a rapidly growing e-commerce market, yet surprisingly, it is also one of the Southeast Asian countries with the lowest credit card penetrations, estimated at 4.1 per cent in 2021.
retailers jostle for superiority

Retailers jostle for superiority

The boom of e-commerce in the rental market space in commercial centres has forced developers to assert their distinct identities.
empowering a brighter digital future for vietnam through 40 programmes

Empowering a brighter digital future for Vietnam through 4.0 programmes

E-commerce, digital financial services, online gaming, Industry 4.0, and many more domestic sectors in Vietnam are expected to experience immense growth in the coming years as the country’s digital ecosystem further expands and connects with global markets.
onpoint a pioneer in e commerce ecosystems

OnPoint: a pioneer in e-commerce ecosystems

OnPoint has closed a $50 million Series B funding led by SeaTown Private Capital Master Fund. This is so far the largest private investment in the Southeast Asian e-commerce enabler industry in the last five years. Tran Vu Quang, CEO and founder of OnPoint, shared with VIR’s Mai Dang the opportunities and challenges of this industry.
home credit partners with tiki to launch home paylater

Home Credit partners with Tiki to launch Home PayLater

Home Credit announced on July 15 that the company has signed a cooperation agreement with Tiki – one of Vietnam’s top e-commerce platforms – to launch Home PayLater, a Buy Now Pay Later product.
vietnam considered an awakening dragon in the e commerce space

Vietnam considered an awakening dragon in the e-commerce space

With this strong foundation, Vietnam is seen as one of the most exciting e-commerce markets in the region, offering an untapped potential to international investors seeking to expand their digital ecosystems and create value in the digital economy.
asean online sale day 2022 to take place next month

ASEAN Online Sale Day 2022 to take place next month

The Association of Southeast Asian Nations (ASEAN) Online Sale Day 2022 is scheduled to be held from August 8 -10 to mark ASEAN’s 55th founding anniversary, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.
malaysia promotes exports through e commerce

Malaysia promotes exports through e-commerce

Malaysia External Trade Development Corp (Matrade) has enhanced guidelines for its eTrade programme for Malaysian micro, small and medium enterprises (MSMEs), effective July 1, aiming to boost exports through cross-border e-commerce marketplaces.