Thẻ: E-commerce Market

Vietnam – Markets blacklisted for selling counterfeit goods

~ Đào Thu Hằng ~ Bình luận về bài viết này

The United States Trade Representative (USTR) office has blacklisted Vietnam’s well-known markets in its 2020 review, for reasons of counterfeiting goods. Dong Xuan Market in Hanoi and Ben Thanh Market in Ho Chi Minh City have been named on the USTR blacklist.

Markets blacklisted for selling counterfeit goods


Blatant counterfeiting
Ben Thanh Market, Dong Xuan Market and the e-commerce platform Shopee are on the USTR blacklist for selling counterfeited goods of unknown origin. For many years now, e-commerce platforms and online shops in Vietnam have long been criticized for selling counterfeited goods and pirated brand names. An online shopper looking to buy a Rolex watch on e-commerce platform Shopee can choose from many suppliers of the world-famous Swiss brand. Prices could range from just VND 250,000 to about VND 2 mn for a watch. It has never been so simple and easy to buy products of famous brands.
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Succeeding in China’s $9.4 T E-commerce Market: Why Culture and Context Matters

~ Đào Thu Hằng ~ Bình luận về bài viết này

asiapacfic.ca

China’s cross-border e-commerce has been growing in recent years in terms of both volume and value. With increasingly sophisticated customers who have rapidly evolving expectations, Asia’s largest economy is expected to become the world’s largest e-commerce market by 2020, with e-commerce transactions expected to reach almost 50 trillion yuan, or approximately C$9.4 trillion.

This report is intended for Canadian firms contemplating expansion into e-commerce in China. In addition to providing an overview and statistics, as well as primary data insights into key challenges and considerations, the report also offers two case studies to provide further insights into this explosive sector in China.

Read our infographic summary of the report below, or click the download button to read the full text.
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