Welcome!

News Feed Item

Research and Markets: Vietnam B2C E-Commerce Market 2014

Research and Markets (http://www.researchandmarkets.com/research/b4vpjc/vietnam_b2c) has announced the addition of the "Vietnam B2C E-Commerce Market 2014" report to their offering.

There were over 30 million Internet users in Vietnam last year, reaching over a third of the population. In the large cities of the country over half of Internet uses shop online. Though the potential is good and numbers are growing, major remaining challenges to development of B2C E-Commerce are the lack of modern payment systems and logistics and delivery services. Credit card penetration is low in Vietnam, so cash is predominantly used to settle retail payments, and B2C E-Commerce is dominated by cash on delivery. Logistics is also underdeveloped, though in a better condition than in India and Indonesia, according to an international rank. Both factors are gradually improving, benefitting B2C E-Commerce growth potential.

E-Commerce in Vietnam is governed by specific laws and special decrees, which are frequently updated. E-Commerce marketplaces are required to apply for registration, while independent B2C E-Commerce sellers can notify the relevant authorities about establishing a website. Non-compliance with the decrees is punished by fines, introduced in 2013.

A trend toward mobile commerce in Vietnam is supported by increasing smartphone penetration, as over a quarter of consumers in 2013 had such devices. A high double digit percentage share of smartphone owners buy via mobile and almost all of them research products and services through their smartphone.

Social commerce is another important trend in Vietnam. The majority of Internet users there visit social networks, with Facebook and ZingMe being the two most popular ones. Consumers in Vietnam often join social networks with the main purpose of finding reviews on products and joining E-Commerce groups, with 3 of the top 5 brands in Facebook being E-Commerce companies. Social media was the major factor influencing the purchase decision of one fifth of online shoppers.

Group buying sites are very popular in Vietnam, including leaders such as Hotdeal.vn, Muachung.vn, Cucre.vn, Cungmua.com and Mhommua.com. Group buying websites sell not only coupons for services, but also physical goods, with leaders reporting as much as 70% of sales being generated by products.

Key Topics Covered:

1. Management Summary

2. Overview and International Comparisons

3. Trends

4. Sales

5. Shares

6. Users / Shoppers

7. Products

8. Payment Methods

9. Players

Companies Mentioned

  • 5giay.vn
  • Cucre.vn
  • Cungmua.com
  • Dienmay.com
  • Enbac.vn
  • Facebook
  • Hotdeal.vn
  • Lazada.vn
  • Muachung.vn
  • Nguyenkim.com
  • Sendo.vn
  • Thegioididong.com
  • Tiki.vn
  • Vatgia.com
  • Zalora.vn
  • ZingMe

For more information visit http://www.researchandmarkets.com/research/b4vpjc/vietnam_b2c

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...