The MoIT has drafted proposals to develop the Law on E-commerce which will be included in the National Assembly''s law and ordinance development programme in 2025 and submitted to the NA for consideration and comments in October.
Express delivery company SPX has opened a state-of-the-art automated sorting centre at the Vietnam Singapore Industrial Park in the northern province of Bắc Ninh.
With consumers switching heavily to online purchases, the express delivery service market is expected to see many positive developments. However, fierce competition and high fuel costs have significantly affected the profit margins of delivery businesses.
Viet Nam’s express delivery services market was worth US$0.71 billion last year, and is projected to grow at 24.1 per cent a year to reach $4.88 billion by 2030.
Sen Do Technology JSC, the owner of e-commerce platform sendo.vn, and GrabExpress, a delivery service available on Grab app, on October 1 announced a tie-up for a three-hour express delivery service in HCM City.