As online sales boom, fast-delivery services thrive

 vietnamnet

Last update 12:00 | 01/08/2017
VietNamNet Bridge – Many businesses, from startups to big express delivery firms, have jumped into the market of fast delivery services for online shops.vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, delivery, Grab, e-commerce

Giving up a job as a technical official for a television company in HCMC, Tran Tue Man decided to provide a delivery service.

Man is optimistic about the new business after six months of operation. The business he set up has been recruiting new workers as the business is scaling up.

“The fast delivery service market has become very competitive, but it is still a ‘blue ocean’ with great potential,” the founder of ‘Giao hang gia re’ (low-cost delivery) said.

“Many online shops have arisen,” he explained, adding that the number of orders his business receives has increased by 30-50 percent a month.

However, he said 30-50 percent is still a modest growth rate. “If my sale and marketing team expands, a 100-300 percent growth rate will be within reach,” he said.

Many businesses, from startups to big express delivery firms, have jumped into the market of fast delivery services for online shops.

Man said his company plans to launch an app of its own in September. To compete with other delivery services, his company also is providing package services, such as marketing for online shops.

Man’s startup project is one of several delivery service firms which have been booming in the last three years. Tiếp tục đọc “As online sales boom, fast-delivery services thrive”

Online sales finally begin to bear fruit

Last update 08:00 | 16/05/2017

VietNamNet Bridge – Retailers’ great efforts to develop online sales have been rewarded with initial success. 

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, online sale, VECOM, e-commerce

The Vietnam E-commerce Association (VECOM) estimates that with a growth rate of 30-50 percent per annum, Vietnam’s e-commerce market value may reach $10 billion after five years.

Tran Kinh Doanh, CEO of The Gioi Di Dong, which owns The Gioi Di Dong, a mobile distribution chain, Dien May Xanh and Bach Hoa Xanh, the home appliance chains, and vuivui.com, an e-commerce trading floor, said online sales are developing rapidly. In 2015, online sales brought VND1.65 trillion in revenue, an increase of 94 percent over the year before (VND925 billion). Tiếp tục đọc “Online sales finally begin to bear fruit”

Vietnam’s online market: Some shut down, others pocket big money

Last update 10:00 | 19/01/2017
VietNamNet Bridge – Many e-commerce floors have opened to great fanfare, while others have shut down quietly.vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, Vietnam net news, Vietnam latest news, Vietnam breaking news, vn news, Lingo, e-commerce, Vecita

The online retail market is considered very attractive with 9 out of 10 Vietnamese consumers having smartphones as shown by a Nielsen report.

Meanwhile, Trang Bui from JLL Vietnam commented that the number of credit card holders is increasing, which is a factor that will change consumer behavior.

However, despite the attractive factors, many online retailers still fail. In August, Lingo.vn suddenly shut down without any notice in advance. Tiếp tục đọc “Vietnam’s online market: Some shut down, others pocket big money”

Cộng đồng start-up lo thành tội phạm vì luật mới

Thứ bảy, 18/6/2016 | 10:19 GMT+7 VNExpress

Việc nêu tên một số dịch vụ liên quan đến nhiều start-up hiện nay trong Bộ Luật hình sự khiến cộng đồng khởi nghiệp lo lắng về khả năng vi phạm pháp luật, song cũng có ý kiến chuyên gia cho rằng cần có cách hiểu chính xác về quy định trên.

Tiếp tục đọc “Cộng đồng start-up lo thành tội phạm vì luật mới”