new tax burden under circular 40 finds resistance from e commerce platforms

New tax burden under Circular 40 finds resistance from e-commerce platforms

Various e-commerce platform operators are voicing concerns about the latest regulation putting the burden on reporting and paying tax for their individual vendors.
hsbc says french retail bank sale to cost 19 bn euros

HSBC says French retail bank sale to cost 1.9 bn euros

HSBC on Friday said it will incur a hefty charge of 1.9 billion euros with the sale of its French retail banking operations to French lender My Money Group.
visa extends support of cashless day to drive growth of non cash payments in vietnam

Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa, the world’s leader in digital payments, is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
aeon group commits to vietnams retail market with appointment of new general director

AEON Group commits to Vietnam's retail market with appointment of new general director

AEON Vietnam has announced new general director Furusawa Yasuyuki as part of restructuring efforts to prioritizing the development of Vietnamese businesses.
consortium led by alibaba completes the injection of 400 million into masan

Consortium led by Alibaba completes the injection of $400 million into Masan

Masan Group Corporation (HSX: MSN) today announced the completion of a private issuance of 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a total cash consideration of $400 million.
domestic retailers realise their potential of retaking vietnam

Domestic retailers realise their potential of retaking Vietnam

The rise of local retailers via mergers and acquisitions is expected to transform the competitive landscape of Vietnam’s retail market, which used to be dominated by foreign investors, and help domestic equivalents complete their ecosystems.
live streaming in vietnam growing more popular for agricultural business

Live streaming in Vietnam growing more popular for agricultural business

Farmers across the country have picked up live-streaming to boost sales amidst the COVID-19 pandemic.
leflair rumored to get new owner after bankruptcy filling

Leflair rumored to get new owner after bankruptcy filling

The e-commerce market is heating up following the news of e-commerce brand Leflair making a return under the wings of a new investor.    
proposing urgent vaccination for retail workers

Proposing urgent vaccination for retail workers

As workers at retail distribution establishments such as supermarkets, convenience stores, and traditional markets are easily exposed to the COVID-19 pandemic, they need to be given priority for vaccination.
credit cards for corporates facilitating cashless adoption

Credit cards for corporates facilitating cashless adoption

Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses.
lotte mart closes centre in hanois mipec tower

Lotte Mart closes centre in Hanoi’s Mipec Tower

Korean retail giant Lotte Mart is closing its centre in Mipec Tower in Hanoi starting from July 1, 2021 due to the restructuring of its system.
lazadas 66 shopping festival to bring a safe and economical shopping experience

Lazada's 6.6 Shopping Festival to bring a safe and economical shopping experience

E-commerce platform Lazada Vietnam will officially kick off the 6.6 Shopping Festival themed “Stay at home, hunt for sale” from June 6 to June 10, 2021 with a wide range of attractive discounts and interesting entertainment activities.
e commerce giants see accelerated cross border e commerce activities from vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam amidst the global health crisis, indicating that Vietnamese goods are extending reach to global consumers.
thaco to expand emart hypermarket system in vietnam

THACO to expand Emart hypermarket system in Vietnam

After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025.
agricultural products the next big move in e commerce

Agricultural products the next big move in e-commerce

Putting agricultural products on online trading is growing as a new trend of the local e-commerce sector this year.