The total value of goods traded online in Vietnam is estimated to reach US$6 billion by 2015, of which US$2 billion would be paid online, forecast economic experts from the Vietnam Chamber of Commerce and Industry (VCCI) on Wednesday. Vietnam has nearly 30 million internet users, of whom 58 percent have accessed internet to search [...]
Developing websites and selling goods under the e-commerce mode prove to be a lucrative business. The internet has helped many people become billionaires. Pennies can make up a fortune A source said that the turnover of lamchame.com, an education forum, in 2010 reached one billion dong. After paying expenses, about several hundreds of millions of [...]
Thien Minh Travel Joint Stock Co announced on Tuesday a joint venture with Australia-based Wotif Group that will introduce Properties Management System (PMS) – an automation software for hotels – into the local market. Thien Minh-Wotif would offer PMS, which is used to automate the operations of small and medium hotels, for free to a [...]
The application of e-commerce can help local businesses enhance their competitiveness and boost the country’s industrialisation and modernisation, said a ministry official at a seminar held in HCM Cityon April 21. Phan The Hao, head of the Ministry of Industry and Trade’s representative office in HCM City, said in the context of globalisation the country [...]
E-commerce will become an effective key tool for business and trading in 2011-2015. A seminar on developing e-commerce for the 2011-2015 period was held in Hanoi on April 19. Thirty-two provinces and cities have already created e-commerce development plans in line with the general development plan for 2010-2015, which was approved by the Prime Minister. [...]
eBay’s acquisition in Vietnam’s PeaceSoft company has triggered a new trend of similar deals in the future conducted by foreign institutions in local Vietnamese e-commerce companies. Dr Stephen Onu, Senior Management &Technology Consultant cum Professor of International Business – Columbia Southern University, talks about the meaning of the acquisition to Vietnam’s e-commerce sector. Three years [...]
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