The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry.
Auchan Retail Vietnam and Lazada Vietnam, an Alibaba-owned online retailer, has recently signed a memorandum of understanding on strategic cooperation to allow customers to purchase French products online with rapid delivery through Lazada.
Mobile e-commerce proves is a spacious battlefield for apps, but the land for winners is small.
VOV.VN - The popularity of mobile e-commerce in Vietnam has seen its strongest yearly growth with the usage of e-payment systems increasing at an estimated rate of 22% per annum.
More money has been injected into the e-commerce market, while leading e-commerce firms have expanded.
Vietnam's e-commerce platforms keep rolling in losses and taking in massive amounts of capital in wait for the online retail market to take flight.
The second automatic sorting centre of Lazada E-Logistics Express (LEL Express) in Hanoi is expected to improve LEL Lazada's services. Vu Duc Thinh, director of LEL Express talked with VIR's Nguyen Huong about the new facility.
Lazada E-logistics Vietnam will officially open its automatic sorting centre in Hanoi on June 12 in a move to achieve sustainable growth and meet the boom in e-commerce.
Vietnam’s e-commerce websites are still receiving heavy investment to develop despite big losses, but when will these projects stop losing?
VOV.VN - The emergence of e-commerce websites such as Lazada, Tiki, Shopee, Sendo, and Adayroi has led to online shopping becoming popular among Vietnamese customers over recent years, in particular young customers who prefer buying and selling products on social networks like Facebook and Zalo.
Multiple online retailers in Vietnam have been struggling to gain profits for years due to high operational costs in a competitive market.
Lazada is closing offices across Southeast Asia and Hanoi has not managed to dodge the axe.
The 2018 Vietnam E-Business Index that was released by the Vietnam E-commerce Association (VECOM) showed an overall 25% growth rate in e-commerce. More than 4,000 businesses were surveyed.
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.
Ninja Van, Southeast Asia’s technology-enabled logistics company, has officially launched their operations in Vietnam.
Three giant e-commerce corporations, Alibaba, Tencent and JD.com of China, have arrived in Vietnam.
The Ministry of Industry and Trade has started an inspection at Lazada after receiving numerous complaints related to the quality of goods and services, focusing on the observance of the law on commerce and the protection of consumers’ interests.
Amazon is making its long-awaited foray into Vietnam’s e-commerce market in March, a move that could shake up the country’s entire online retail market.
Chinese online retailers are penetrating the Vietnamese market, putting pressure on domestically made products, analysts have warned.
