The E-Commerce and Digital Economy Agency''s report showed the revenue of products sold through online business-to-consumer (B2C) retail model increased from $10.8 billion in 2018 to $20.5 billion last year.
The closing of many online retail websites by both foreign and domestic companies has shown that despite having key advantages like market size of US$13 billion by 2020 and an annual growth rate of 30 per cent, Viet Nam’s e-commerce...
The year-end online shopping frenzy has kicked off with giant local and foreign players like Lazada, Tiki, Sendo, and Shopee rolling out promotions since the middle of last month.
Recognising the threat online retail channels, owners of shopping centres will have to explore the use of retail space for non-conventional uses, particularly education, flexible workspaces and fitness clubs, according to Jones Lang LaSalle Incorporated (JLL).
The 2017 Viet Nam eTrade Conference (VETC) was held on Tuesday by the Viet Nam E-commerce Association (VECOM) to help exporting firms and organisations improve their e-commerce activities.
One of Viet Nam''s largest commercial banks has joined forces with an
e-commerce retail company and a digital linkage service provider in
enabling customers to make online payments.
Modern retail channels in Viet Nam are anticipating strong and
diversified development next year, said Dinh Thi My Loan, chairwoman of
the Viet Nam Retailers Association (VRA).