an internet economy a golden treasure trove

An internet economy: a golden treasure trove?

Vietnam is not only a “dragon being unleashed” by virtue of its flourishing digital economy, as Google and Singaporean state investment fund Temasek have assessed in their recent report. The country is more than that, in the eyes of Jack Ma, a billionaire and the founder of the largest Chinese e-commerce firm Alibaba, Vietnam is the “new gold mine” that has grabbed the whole world’s attention. Huu Tuan reports.
vietnams e commerce landscape in 2018

Vietnam's e-commerce landscape in 2018

Vietnam is a land of opportunity for foreign and domestic e-commerce companies because of its young population, high Internet penetration rate (ranked 17th in the world), and rising smartphone penetration rates.
amazon walmart face hit from new india e commerce rules

Amazon, Walmart face hit from new India e-commerce rules

Traditional traders and local players rejoiced Thursday (Dec 27) at new e-commerce rules imposed by the Indian government on global giants such as Amazon and Walmart which analysts said could force them to rethink their Indian operations.
vietnamese e commerce sees impressive results

Vietnamese e-commerce sees impressive results

The past four years have seen a busy journey for the e-commerce market in the Southeast Asian region.
potential new contender to challenge e commerce

Potential new contender to challenge e-commerce

In tackling violations by e-commerce firms related to low-quality goods and fake discounts, the opening of dedicated shopping websites is set to become an inevitable trend in order to avoid negative impacts from conducting business on common e-commerce platforms, and reducing dependence on them. Anh Huong reports.
spanish retail giant corte ingles in deal with alibaba

Spanish retail giant Corte Ingles in deal with Alibaba

Spain's top department store chain El Corte Ingles on Thursday (Nov 29) announced a collaboration with Chinese e-commerce giant Alibaba.
fake promotions abound at black friday campaign

Fake promotions abound at Black Friday campaign

Existing tiny fines are not likely to prevent violations of Vietnamese regulations on promotions, especially as the festive season is around the corner, and e-commerce platforms are enticing sales campaigns once again. Kim Anh Huong reports.
internet economy to reach 9 billion

Internet economy to reach $9 billion

The Vietnamese internet economy has almost tripled in three years to reach US$9 billion in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed.
internet economy to create 17 million full time jobs in southeast asia by 2025 study

Internet economy to create 1.7 million full-time jobs in Southeast Asia by 2025: Study

The Internet economy is set to create 1.7 million full-time jobs in Southeast Asia by 2025, three times the number in 2018.
momo shoulders mounting losses for larger market share

MoMo shoulders mounting losses for larger market share

The accumulated losses of MoMo, the e-wallet and payment app of M-Service JSC, has increased to nearly VND600 billion ($26 million), catching up to Tiki and Shopee.
fake discount trick may happen again in single day sales promotions

Fake discount trick may happen again in Single Day sales promotions

Fake discounts, which are occassionally applied by Lazada and other e-commerce platforms, may occur again on the Single Day promotion season this year.
ababis and star wnrs knockoffs thrive in china e commerce

'Ababis' and 'Star Wnrs': Knockoffs thrive in China e-commerce

BEIJING: Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded "Ababis". Underwear resembling Calvin Klein are called "Caiwen Kani". Toys with an uncanny resemblance to a certain blockbuster movie franchise opt for "Star Wnrs".
online shopping set for year end boom

Online shopping set for year-end boom

Online shopping is expected to surge in the remaining months of this year with many e-commerce players launching promotions.
e commerce golden pass for logistics

E-commerce golden pass for logistics

The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry. Bich Ngoc reports.
alibaba develops new retail model in southeast asia

Alibaba develops new retail model in Southeast Asia

The failure of traditional retailers like US-based Sears signals the rise of e-commerce platforms and non-seller stores, which have been developed hugely across Southeast Asia by global e-commerce giant Alibaba Group.