HCM City (VNA) - Online trading grew rapidly in HCM City last year, contributing a third o🎀f all e-commerce revenue in the country.
According to the municipal Department of Industry and Trade, the city has 92,910 commercial websites of which 80,000 carry on e-commerce. Of the latter, 23 percent have applications for mobile phones.
Some of the most popular city-based shopping websites include Thegioididong, Lazada, Tiki, and 5 giay.
Shopping online has become very popular among Vietnamese, with the ratio of consumers who "know" about shopping online is 55 percent, Tran Vinh Nhung, deputy director of the department, said.
To promote e-commerce, last year his department launched several programmes to support enterprises and organised several training programmes, he said.
Recently it presented the 2015 HCMC E-commerce Award to 10 outstanding businesses based on their efficiency.
They were Thegioididong Joint Stock Company, Saigon Tourist, Nguyen Kim electronics shopping centre, Tiki Corporation, Recess Company, Ltd, Zanado Corporation, DKT Technology, HotDeal, Lazada and CareerLink.
Nhung added that developing e-commerce is an essential trend in the digital era, and the new business model needs to be enabled to develop.
The department has launched an online shopping week from January 18 to 24 to inform consumers about sale promotions announced by companies in the city.-VNA
The Vietnam E-commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade set a goal to get 30 percent of Vietnamese people shopping online by 2020.
Shipping services have been developing in recent years, however, the service still has not caught up with the development of Vietnam's e-commerce sector.
The online shopping spree on December 4 at the website onlinefriday.vn with more than 63,500 products on sales has drawn the great interest of consumers.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
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Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
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More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative image (Source: tweaktown.com)
