harnessing a digital future

Harnessing a digital future

With its vast potential of e-commerce development thanks to surging IT and wide smartphone coverage, Vietnam is trying to build its own digital economy fuelled by a hallmark strategy on Industry 4.0 that is expected to help the country improve its competitiveness, attract more high-quality investment, and ensure sustainable growth. Thanh Dat reports.  
lazada e wallet call out of the frying pan and into the fire

Lazada e-wallet call: out of the frying pan and into the fire

Falling farther and farther behind other e-commerce platforms, Lazada has decided to branch out into e-wallet services – a decision with which the company may very well dig its own grave.
e commerce market booms but hard to control

E-commerce market booms, but hard to control

E-commerce in Vietnam is growing, however many individuals and businesses are taking advantage of online platforms to sell poor quality and fake goods, harming customers and causing lost tax revenues.
fmcg finds new growth momentum in online channels

FMCG finds new growth momentum in online channels

The boom in digital technologies in recent years has sped up the evolution of retail and changed buying habits – providing a new driver of growth for fast-moving consumer goods (FMCG).
e commerce e logistics the key to success for exporters

E-commerce, e-logistics – the key to success for exporters

Vietnamese exporters are urged to give priority to e-commerce and e-logistics platforms to increase opportunities to join major value chains while preventing possible loss risks amid changing global trade rules and the wide influence of Industry 4.0.
tiki burned through 22 million from vng

Tiki burned through $22 million from VNG

As of late June, VNG's VND506 billion ($22 million) investment in Tiki has been fully lost.
shopee delays handling ghost vendors

Shopee delays handling "ghost" vendors?

Singapore-based e-commerce platform Shopee has been slow in protecting customers from “ghost” vendors which have been cheating out huge amounts of money from them.
alibaba buys neteases import e commerce unit for us 2 billion

Alibaba buys NetEase's import e-commerce unit for US$2 billion

Alibaba Group has bought the e-commerce platform of NetEase for about US$2 billion and will participate in a US$700 million investment in NetEase's music streaming service, the two Chinese firms said on Friday (Sep 6).
bw industrial enters into strategic partnership with shopee and best

BW Industrial enters into strategic partnership with Shopee and BEST

BW Industrial Development JSC (BW) has recently inked a strategic co-operation with e-commerce platform Shopee and China's smart logistics service provider BEST Inc. to create modern logistics platforms.
vietnams e commerce market may rank third in southeast asia

Vietnam’s e-commerce market may rank third in Southeast Asia

Vietnam could have Southeast Asian's third-largest e-commerce market by 2025.
the shifting face of retail in vietnam

The shifting face of retail in Vietnam

The 2018 retail landscape in Vietnam was more challenging than ever, and the major market chains were trying to adapt quickly to changes to remain relevant. Consumers’ attitude toward shopping in the region were impacted by four major transformations: urbanisation, more single households, ageing, and increasing wealth.
shopping app installs surge 242 per cent during tet 2019 in vietnam

Shopping app installs surge 242 per cent during Tet 2019 in Vietnam

Shopping app installs are forecast to skyrocket by a whopping 242 per cent a full three weeks before the traditional Tet festival 2019 in Vietnam, according to AppsFlyer’s Tet 2019 App Market Report.
ghn launches automated sortation system in hanoi

GHN launches automated sortation system in Hanoi

Last-mile delivery firm Giao Hang Nhanh (GHN) has officially launched an automated sortation system with a sorting capacity of 30,000 orders per hour in its warehouse in Hanoi.
jdcom usurps vng to become tikis largest shareholder

JD.com usurps VNG to become Tiki's largest shareholder

VNG used to be Tiki's largest shareholder with an investment of VND384 billion ($16.7 million) but it has just lost this position to JD.com, a Chinese e-commerce giant.
lazada falls behind e commerce competition

Lazada falls behind e-commerce competition

After being overwhelmed by Shopee and Tiki in terms of visits in the fourth quarter of last year, the ranking of Lazada has yet to improve – it is falling farther behind e-commerce competition.