HCM City (VNA) - Online t🧸rading grew rapidly in HCM City last year, contributing a third of 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.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Illustrative image (Source: tweaktown.com)
