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
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
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...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...