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.
The Vietnamese e-commerce market contains unexpected elements this year, including Tiki receiving investment from a Chinese partner, Shopee flying up, Lazada getting support from Alibaba, and Cho Tot announcing new ambitions.
Foreign e-commerce retailers are dominating Vietnamese firms through ad campaigns, delivery services and money collection services.
The Chinese JD Group has announced a plan to pour money into Tiki, a Vietnamese e-commerce website.
Foreign companies are increasingly jockeying for position in Vietnam’s promising online retail market by pouring capital into local companies.
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.
China's JD.com Investment on January 16 announced that it will become one of Tiki’s largest shareholders after its strategic investment in Vietnam’s leading B2C e-commerce platform.
Vietnam’s much vaunted digital access and advantages that arise from it could run out of steam unless it is renewed and made more substantial, experts have said.
A number of startups successfully called for millions of dollars from foreign investors in 2017.
Foreign retail e-commerce businesses operating under the marketplace mode are increasingly dominating Vietnamese businesses in the market.
Vietnam’s fast-moving consumer goods segment is gaining new momentum thanks to the expansion of modern retail and e-commerce.
Foreign retailers are geared toward Vietnam’s e-commerce to take the lead in the market.
VOV.VN - While online shopping is gaining traction in Vietnam the reluctance among large swaths of the population to pay for goods with credit cards online is prompting retailers and wholesalers to question its viability as a sales channel.
VOV.VN - Online Vietnamese retailer Adayroi.com has unveiled the launch of Korean products on its Vietnam eCommerce website.
Credit cards are gaining popularity in Vietnam thanks to the rise of online shopping.
VNG Corporation, Vietnam's top provider of Internet content, has completed a VND383-billion (US$17.02 million) deal to acquire a 38 % stake in e-commerce startup Tiki, local media reported on May 16.