Emmanuelle Gounot, CEO of Intrepid Vietnam, shares her views with TheLEADER about how to close the gap in e-commerce, and some advice for the young female generation to thrive in their career.
Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia have paid $400 million to buy 5.5 per cent stake in The CrownX, retail unit of Vietnamese conglomerate Masan.
The Covid-19 pandemic has resulted in an accelerated shift towards omnichannel purchasing behaviours, as e-commerce channels are increasingly used as a substitute for physical shopping activities.
The investment represents Sendo’s largest funding round to date
The technology holding company is leading a group investment in local social e-commerce platform Ecomobi in a bid to help the startup reach further into the region.
Tiki Investment, a subsidiary of Tiki, has bought over local ticketing startup Ticketbox, as part of an attempt to build an ‘all in one’ e-commerce ecosystem in Vietnam.
Vietnam Trade Promotion Agency under the Ministry of Industry and Trade announced the cooperation with Amazon Global Selling to help Vietnamese enterprises, especially small and medium sized ones, promote exports through e-commerce.
Vietnam's real estate future will be affected most by e-commerce, which is an integrated factor of top five reshaping trends, according to Stephen Wyatt, country head of real estate consultancy firm JLL Vietnam.
Two e-commerce giants Amazon and Alibaba are prompting significant moves to dominate Vietnam and Southeast Asia market.
According to Ministry of Industry and Trade’s working group, Con Cung complied with the law of protecting the interests of consumers, goods’ quality and origin tracking but the well-known retail store chain of mother and baby products violated regulations on goods labeling, promotion and e-commerce.
Sendo Technology JSC, the operator of online trading platform Sendo, announced that it has secured an investment of $51 million from existing partners and especially new investors namely SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures.
Accumulated losses from leading e-commerce websites such as Lazada, Tiki, Shopee or Sendo are on the sharp rise, mainly due to the high sales expenses and in some cases, high management expenses.
After ACA Investments, Japan-based Scroll Corporation has become the second largest stakeholder of Cat Dong, which owns e-commerce sites Cungmua.com, Shipto.vn and Nhommua.com with 26.9 per cent stake.
Nguyen Thanh Hung, Chairman of Vietnam E-commerce Association (VECOM), said that Amazon will officially enter Vietnamese market in March through its initial investment in small and medium scaled enterprises (SME).
