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E-commerce websites continue to violate laws, operate like flea markets
As the laws set light sanctions on violators, e-commerce websites and sellers would rather pay fines than obey the law.
Vietnam’s economic growth relying more on domestic market
Imports and exports of the foreign invested sector in 2018 grew more slowly as a result of problems in the global market, while imports from the domestic sector grew by 16.4 percent, which showed high domestic demand.
Non-cash payments becoming more popular in Vietnam
Non-cash payment channels such as QR Code, mobile banking, internet banking, e-wallet and non-touch cards have become more popular in Vietnam.
Informal economic sector put under microscope
The PM has approved a plan to measure the informal economic sector with an aim of having a more reliable outlook about Vietnam’s economy.
Payment for public services: gold mine for banks
Money collection services have brought big money to commercial banks.
Vietnam needs to prepare for new period with a stronger China: economists
Economists at a forum on Vietnam’s economic integration in December last year all agreed that Vietnam needs to prepare for the rising economic and political influence of China.
Vietnam to ‘play big’ with support from Amazon
The Ministry of Industry and Trade (MOIT) has said that the presence of Amazon in Vietnam will give opportunities to Vietnam’s businesses to reach the world market, but businesspeople are not so optimistic.
Online food ordering market in Vietnam heats up
In the fierce competition in the online food ordering market, worth $33 million as estimated by Euromonitor, players need to have good technology but also many delivery people to win.
Big companies buying smaller enterprises in bid for dominance
More corporations are buying shares in enterprises in the same business fields in an effort to become the dominant players in the market.
Vietnam exporters too dependent on imported materials
Vietnamese enterprises are finding it hard to improve production value since they remain dependent on imported materials.