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Growing the adoption of BNPL providers in Vietnam
26-09-2022 10:00
The gaining popularity of buy now, pay later (BNPL) services has served as a spark for new trends in digital merchant adoption. Nguyen An Son, head of Project Development for the Centre for Informatics and Digital Technology at the Ministry of Industry and Trade’s Department of E-commerce and Digital Economy, told VIR’s Nguyen Thu about the prospects for BNPL in Vietnam.
BNPL services open up e-commerce options
26-09-2022 08:00
While the market for buy now, pay later services in Vietnam is still in its infancy, more users are opting for this payment method as the technology for both the credit rating process and other logistical aspects is refined.
BNPL catalyses cashless payments in e-commerce market
23-09-2022 10:54
As Buy Now, Pay Later (BNPL) becomes more popular in the nation, experts have shared their insights into the prospects of this new payment service as a catalyst to the growing cashless payments in Vietnam’s e-commerce market.
Buy Now Pay Later - The future of retail payment?
21-09-2022 15:34
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
08-09-2022 10:57
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
05-09-2022 08:52
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
02-09-2022 13:20
Localities nationwide are accelerating digital transformation to create breakthroughs in the tourism sector.
Tech giants complying with new tax system
20-08-2022 14:07
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
20-08-2022 10:00
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
16-08-2022 20:31
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
09-08-2022 11:34
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
05-08-2022 16:51
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 4.0 programmes
28-07-2022 08:00
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
19-07-2022 18:51
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
19-07-2022 17:30
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.
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