Category: Vietnam

Vietnam market updates: Potential Risk of shifting price on E-Commerce marketplaces After Circular 40

On average, there are now more than 35 million transactions per day through Vietnamese e-commerce marketplaces. Revenue in 2020 is up to USD 11.8 billion, accounting for about 5.5% of total retail sales of goods and services. In order to avoid loss of budget revenue, the Tax sector will force exchanges such as Shoppe, Tiki, […]

[ Infographic] Vietnam retail sales surge ahead of Lunar New Year 2021

Vietnam retail sales in January Lunar New Year 2021 recorded significant growth ahead of the country’s biggest holiday of the year. According to the General Statistic Office (GSO), the retail sales increases 6.4 percent, generating about US$20.77 billion in January Lunar New Year 2021. The figure is also 3.7 percent higher than December’s. Sales from […]

Who is the leading eCommerce platform in Vietnam?

Due to the outburst of technology and extraordinary development of Vietnam eCommerce, retailers and business owners are stepping outside of the box by starting to invest in pushing business model towards online-based. Therefore, for the sake of developing an online business, it is such a crucial step for retailers to choose the appropriate eCommerce platform […]

The map of Vietnam Ecommerce (statistics from iPrice)

2019 is a pivotal year for the entire Vietnam eCommerce industry  when there are specific signs that the market is gradually maturing in many aspects. In 2020, the e-commerce market is met with many changes due to the Covid-19 epidemic. Please read through some information about the e-commerce market in Vietnam 2020. In this article, […]

How to increase sales in Shopee with these 3 features

Stepping forward with the breakthrough technology development in recent years, e-commerce has been an enticing sector that businesses want to own. During the isolation period of covid-19, following the government guidelines of social distancing is the increasing tendency in online shopping requirements. Consequently, businesses, retailers are stepping up their game by joining e-commerce marketplaces such […]

Vietnam Ecommerce platform: Who to choose?

Vietnam e-commerce has become a bright spot in Southeast Asia in recent years. With a staggering growth rate of 20-25% / year, E-commerce promises to become an alternative to buying and selling goods for pure traditional businesses. >>> Related articles: 5 critical things to look for in the Vietnam Ecommerce report 2020 If you are a […]

Vietnam eCommerce is heading for the period 2021 – 2025

eCommerce is one of the pioneers of the digital economy, where advanced technology and industrialization applied to assist the business cycle, increase the efficacy of the company’s logistic department, distribution channels, and competition level.  On 15/05, the Vietnamese Prime Minister has announced the publishment of the National development plan of Vietnam eCommerce during the period […]

5 critical things to look for in the Vietnam Ecommerce report 2020

Of all eCommerce markets in Southeast Asia, we can say that Vietnam is a country with a relatively fast economic growth rate and superior to other countries. Vietnam is becoming an attractive market targeted by brands, retailers and investors. And what are the primary aspects of Vietnamese eCommerce that need attention in 2020? Look no […]

The landscape of eCommerce in Vietnam in 2020

1. Main takeaways of eCommerce in Vietnam The year 2019 continues to witness the strong and diverse development of online businesses in Vietnam. Along with the rapid and stable development of the economy with the growth rate of gross domestic product (GDP) of 7%, eCommerce in Vietnam has become popular and become a regular shopping […]

Southeast Asia’s demand for luxury brands spikes amid Coronavirus pandemic

Since the late ’90s, the personal luxury goods market has been developing consistently, surpassing the $US 308 billion benchmark in 2019. However, the coronavirus outbreak has affected nearly all industries in general, which resulted in a plateau in market growth for the fashion sector.  To cope with the drastic decline in sales and customers at […]

Vietnam aims for half the population using E-commerce by 2025

On 15 May 2020, the Vietnamese government has released the master plan for E-commerce development for the year 2021 – 2025, also known as Decision No. 645/QD-TTg. The master plan highlights the country’s overall goal for the upcoming years as follows: Become one of the top 3 countries with the most developed E-commerce markets in […]

Free Guide: E-commerce in Southeast Asia

Boxme Global is the premier E-commerce fulfillment service provider in Southeast Asia. To help you better understand this emerging market, we have prepared for you the ultimate guide to the region’s E-commerce landscape, with a download link that can be found below.

A definite guide to importing cosmetics to Vietnam

As our previous article covers the potential of this sector, this article will walk you through all the necessary procedures for a foreign brand to start selling in Vietnam. Keep in mind that 90% of cosmetics revenue in Vietnam belongs to foreign brands!

Vietnam: a cosmetics market to watch

Vietnam cosmetics market is seeing a lot of potential. Less dominated by local brands, the segment leaves plenty of room for foreign sellers to discover.

[Infographic] Vietnam’s E-commerce landscape 2020

The technology revolution is changing how customers shop forever with the switch from traditional brick-and-mortar stores to E-commerce. As one of the fastest-growing countries, Vietnam is quick to catch on the E-commerce trends, expanding at an unprecedented rate. Particularly, digital eCommerce of Vietnam witness a huge fluctuation in growth rate, online users, social platforms,.. Here […]