vietnams express delivery market reached 7004 million in 2020

Vietnam's express delivery market reached $700.4 million in 2020

Vietnam's express delivery services market is booming with a valuation of $700.4 million in 2020 and is projected to reach $1655.96 million by 2028, according to the latest report by Research and Markets.
e commerce groups tapping into ditigal market growth

E-commerce groups tapping into ditigal market growth

Vietnam’s fast-growing digital economy is hoping to lure big foreign funding to cash in on the enormous potential – although whittling down the use of physical cash could take a lot longer.
new zealand fruit week launches at vinmart retail chain with quality fruits

New Zealand Fruit Week launches at Vinmart retail chain with quality fruits

To provide Vietnamese consumers access to high quality fresh fruits, top suppliers from New Zealand have teamed up with Vinmart to launch the second edition of New Zealand Fruit Week throughout Vinmart’s retail chain and flagship e-commerce stores, following last year’s successful event.
prudential honoured with 2020 tech savvy performer award

Prudential honoured with 2020 Tech Savvy Performer Award

UK-backed life insurer Prudential Vietnam and its digital insurance product PRU-Guard 24/7 were honoured with the 2020 Tech Savvy Performer Award at the annual Shopee Brands and Partners Conference 2021.
asean online sale day 2021 on horizon

ASEAN Online Sale Day 2021 on horizon

The ASEAN Online Sale Day, the largest online shopping day in ASEAN, will be kicked off on August 8.
hanoi temporarily bans shippers of super apps

Hanoi temporarily bans shippers of super apps

Super apps including Grab, GoJek, and Be have to suspend express delivery services in Hanoi to comply with social distancing regulations under Directive No.16/CT-TTg.
timeline extended for e commerce taxation

Timeline extended for e-commerce taxation

Vietnam's tax authorities will give five more months for e-commerce platforms to set up data connectivity and begin sharing online sellers' information from January 2022.
giftee malaysia and mekong communications form joint venture to develop e gift in vietnam

Giftee Malaysia and Mekong Communications form joint venture to develop e-gift in Vietnam

Following its expansion into the Malaysian market, a new joint venture between the Malaysian subsidiary of Japan-based e-gift service Giftee and marketing communications company Mekong Communications has just been announced, signaling the expansion of the e-gift service to Vietnam.
mm mega market vietnam promotes online shopping solutions

MM Mega Market Vietnam promotes online shopping solutions

Thai-backed company MM Mega Market Vietnam (MM) is offering online shopping solutions to provide the customers with a safe and convenient shopping experience amid the COVID-19 outbreak.
vietnam set to reach mobile wallet penetration of nearly 55 per cent by 2025

Vietnam set to reach mobile wallet penetration of nearly 55 per cent by 2025

Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.
ogilvys report encourages brands to pivot to direct to consumer strategies

Ogilvy's report encourages brands to pivot to direct-to-consumer strategies

New research from Ogilvy has found that direct-to-consumer (D2C) brands have a greater ability to adapt to shifting customer expectations amid the COVID-19 pandemic.
fourth wave of covid 19 pandemic crushes consumer confidence

Fourth wave of COVID-19 pandemic crushes consumer confidence

Consumer confidence has hit a record low due to the resurgence of COVID-19 cases in Ho Chi Minh City and neighbouring provinces.
sopa takes high stakes gamble by reviving leflair

Sopa takes high-stakes gamble by reviving Leflair

US-based Society Pass (Sopa) has taken a risky move by acquiring Leflair but it is confident it can revive the brand in Vietnam.
e commerce platforms to be connected with tax agencies from next year

E-commerce platforms to be connected with tax agencies from next year

E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.
visa and moca team up to accelerate online shopping and digital payments

Visa and Moca team up to accelerate online shopping and digital payments

Visa, the world’s leader in digital payments, and Moca, a leading digital payments service in Vietnam, have teamed up to encourage consumers to save their Visa payment card-on-file to make fast, convenient, and secure online payments via Moca's payment solutions on the Grab app and other e-commerce platforms.