Vietnam’s location with a network of cargo ports, alongside a large domestic market, leaves room for both domestic and foreign logistics firms to expand business and enter logistics merger and acquisition (M&A) deals.
VOV.VN - The Hanoi People’s Committee has approved a logistics management and development project for the capital city by 2025 to make it one of the country’s leading localities having a developed and modern logistics system.
Minister of Industry and Trade Tran Tuan Anh has stressed the need for logistics firms to intensify connectivity and expand financial scales in order to further develop the sector.
VOV.VN - The prerequisite condition for the development of the digital economy is an assurance of the protection of the rights of privacy and personal information, say experts.
Electronic commerce in Vietnam has grown significantly in recent times and is expecting its heyday in several years ahead, presenting fresh opportunities for online retailers.
The e-commerce market has taken off in Vietnam thanks to booming internet usage and smartphone ownership, along with massive investments from key retail players, local media reported.
Although logistics and e-commerce in Vietnam is booming, the two sectors have been hamstrung by a lack of linkages between them, said Tran Thanh Hai, Deputy Director of the Import-Export Department under the Ministry of Industry and Trade.
The Vietnam Online Business Forum (VOBF) 2018, the second of its kind, opened in Hanoi on March 14 to the welcome of investors following the 2017 success.
The establishment of an intellectual property court in Vietnam is in sight but has yet to be completed, a deputy chief inspector of the Ministry of Science and Technology (MOST) has said.
Tiki has received a hefty investment, Shopee is marching forward in midst of victory, Lazada has resources from Alibaba, and Cho Tot has new ambitions.
VOV.VN - Monspace, a multinational corporation has officially opened for operation in Vietnam according to the business registration certificate granted by HCM City’s Department of Planning and Investment.
Ho Chi Minh City's Tax Department plans to continue to collect taxes from online businesses that use Facebook and other social media sites.
JD.com, China’s largest retailer, has gained another foothold in Southeast Asia with its strategic investment in Tiki, Vietnam’s leading B2C e-commerce platform.
Vietnam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expats thanks to the country’s strong economic growth in recent years.
Logistics is expected to be a game changer for the Vietnamese e-commerce market in 2018 as new entrants are coming in and existing operators are expanding to improve their delivery services.
On January 3, 2018, DHL Express, the world’s leading international express services provider, opened its new DHL Service Centre in Binh Duong province’s Thu Dau Mot city.
The Republic of Korean conglomerate Lotte is expanding its retail footprint in Vietnam with supermarket chains, department stores, e-commerce, and most recently, duty free stores.
Vietnam is one of the world’s fastest growing e-commerce countries, said Lai Viet Anh, deputy director of Vietnam E-commerce and Information Technology Agency (Vecita) under the Ministry of Industry and Trade.
Lazada has become the top choice among online shoppers in Thailand, Malaysia, and Vietnam, according to the latest study by the Thailand-based iPrice, an e-commerce company.
Vietnam is witnessing a wave of digitalisation in the retail banking industry, driven by industry 4.0 technologies.