AI will continue to revolutionise the e-commerce industry, providing businesses with the ability to predict consumer behaviour and make informed decisions that drive sales, speakers said at a meeting on Wednesday in HCM City.
Vecom estimated that last year, the retail e-commerce transaction scale comprised about 8.5 per cent of the total retail sales of consumer goods and services of VNĐ5,680 trillion ($240.5 billion).
A Viet Nam-Thailand Online Business Matching event was held in Ha Noi on Thursday to connect Vietnamese and Thai companies in light of COVID-19 pandemic.
The Ministry of Industry and Trade plans to enhance the application of e-commerce with the aim of narrowing the digital divide, an official said at the Viet Nam Online Business Forum 2019 held on Tuesday in Ha Noi.
About 2,500 delegates are expected to participate in the Vietnam Online Business Forum 2019 in three major cities of Ha Noi, Da Nang and HCM City this month, according to the Ministry of Industry and Trade’s Vietnam E-commerce Association (VECOM).
The HCM City Department of Science and Technology has been trying to commercialise research outcomes by linking demand and supply, investing to bring technologies to the market and helping register intellectual property rights.
The rapid growth of online business has slowed the shopping centre real estate market however, experts say it has also provided a boost for the office rental market.
Online shopping platform Lazada.vn has launched the Lazada Seller Club as a large-scale connectivity platform to support sellers and efficiently develop the online business.
Vietnamese e-commerce has been exploding two decades after the internet first came to Viet Nam, said head of the Ministry of Industry and Trade’s Department of E-Commerce and Economy Dang Hoang Hai.
Winning consumers’ trust and developing a business reputation is one of the major challenges toward online business development, experts said at the Viet Nam Online Business Forum – VOBF 2017 in HCM City yesterday.