tighter rules sought on e commerce trade piracy

Tighter rules sought on e-commerce trade piracy

Lack of regulations on requiring goods invoices is causing the likes of Facebook and Shopee to become indirect culprits of suffusion of goods with unidentified origin, raising concerns on the piracy of genuine products.
should sea group stop pouring capital in shopee

Should SEA Group stop pouring capital in Shopee?

With the investment in Shopee seeming far from effective for Singapore-based SEA Group as the platform has been suffering tremendous losses for years now.
online trade promotion activities should be developed due to covid 19 agency

Online trade promotion activities should be developed due to COVID-19: agency

The Vietnam Trade Promotion Agency has encouraged localities, businesses and trade promotion organisations develop online marketing measures during the novel coronavirus (COVID-19) pandemic, said agency director Vu Ba Phu.
nearly 16200 online stores sanctioned for profiting from covid 19

Nearly 16,200 online stores sanctioned for profiting from COVID-19

The Ministry of Industry and Trade has been cracking down on profiteers for selling face masks, hand sanitisers and other items for inflating prices due to the high demand caused by the ravaging COVID-19 epidemic.
e wallet services start to gain momentum in vietnam

E-wallet services start to gain momentum in Vietnam

E-wallet services are taking off in Vietnam, which is used mostly to transfer money and pay for mobile top-up, utility bills, food delivery, and ride-hailing, according to the latest report by Cimigo Market Research.
e commerce platforms growing fatter from pandemic

E-commerce platforms growing fatter from pandemic

Instead of visiting crowded stores, people now use e-commerce platforms for their shopping needs during the global pandemic.
covid 19 changes spending habits of young people

COVID-19 changes spending habits of young people

Cutting expenses, growing online shopping, and snapping at the chance to buy cheap plane tickets are the obvious changes in the spending habits of young people since the COVID-19 broke out.
tiki falling behind e commerce competition

Tiki falling behind e-commerce competition

In the fourth quarter of 2019, Tiki slipped to the fourth position among Vietnamese e-commerce platforms, behind Lazada, Sendo, and Shopee from the second place last year. 
consolidating protection for intellectual property rights

Consolidating protection for intellectual property rights

As Vietnam strives to forge a digital economy, there is a growing need to protect intellectual property rights. Tran Manh Hung, managing partner of law firm BMVN, a member of Baker McKenzie, writes about the relations between protection and social media, and the challenges to go digital.
vietnams e commerce market to exceed 17 billion in 2023

Vietnam’s e-commerce market to exceed $17 billion in 2023

Rising internet and smartphone penetration coupled with a large young population will propel the Vietnamese e-commerce market, which is projected to grow at a compound annual growth rate (CAGR) of 16.3 per cent from VND218.3 trillion ($9.5 billion) in 2019 to VND399.5 trillion ($17.37 billion) in 2023, according to forecast from GlobalData, a leading data and analytics company.
leflair to file for bankruptcy after frustrating meeting with suppliers

Leflair to file for bankruptcy after frustrating meeting with suppliers

Leflair has left suppliers vexed after the meeting to resolve its $2 million debts towards its 500 suppliers – where only 138 were allowed in, leaving the rest hanging. However, not even the select few suppliers left with a smile as Leflair did little more than promise to file for bankruptcy.
vsmart phones surpass apple in retail

Vsmart phones surpass Apple in retail

For the first time since launching in the market, Vsmart has surpassed Apple in retail revenue.
suppliers take complaints against leflair to authorities

Suppliers take complaints against Leflair to authorities

Its inability to pay million-dollar debts has put Vietnam-based e-commerce platform Leflair at risk of being taken to court by disgruntled suppliers.
tiki in trouble for selling shoddy goods

Tiki in trouble for selling shoddy goods

Tiki, the most prestigious e-commerce platform in Vietnam, has gotten into trouble for selling low-quality goods and came under wide criticism for its poor customer service.
e commerce and fmcg markets shaken by outbreak

E-commerce and FMCG markets shaken by outbreak

Amid the current coronavirus epidemic, the fast-moving consumer goods and e-commerce sectors have experienced a tumultuous period.