Online shopping has become increasingly popular in Vietnam

Consumers should receive protection in virtual transactions

Conducting transactions online in Industry 4.0 has become so familiar with many people that they consider this method the most popular choice to purchase merchandise instead of the traditional ways of visiting markets or supermarkets. This calls for appropriate legal corridors to protect consumer rights in such virtual transactions.

Vietnam to tighten management, increase supervision to prevent tax loss

Vietnam to tighten management, increase supervision to prevent tax loss

Nowadays online shopping becomes more popular than in-store shopping and more people have taken take full advantage of social networking platforms to put an ad on social network platforms about their products. However, the tax collection and legal regulations governing e-commerce have not achieved the desired results. Therefore, competent agencies will tighten the management of e-commerce businesses and increase supervision to prevent tax loss.
Fraudulent recruitment of e-commerce platform collaborators

Fraudulent recruitment of e-commerce platform collaborators

The Vietnam Cybersecurity Emergency Response Teams/Coordination Centre (VNCERT/CC) – the Authority of Information Security has warned of a dangerous tendency of fraudulent employment of collaborators for e-commerce platforms lately.

Opportunities for e-commerce in Vietnam to boom

Opportunities for e-commerce in Vietnam to boom

Recently, e-commerce in Vietnam is assessed to grow robustly. It is forecasted that Vietnam's internet economy will reach US$57 billion by 2025, ranking second in Southeast Asia, after Indonesia.
Consumers are comparing goods prices and reading comments on online shopping platforms. (Photo: SGGP)

Online shoppers warned of cunning tricks

Along with the popularity of online shopping in Vietnam come several cunning tricks of criminals to steal money from consumers. In such a high shopping season at the end of the lunar year, carelessness of both buyers and sellers could cost them dearly.

The Covid-19 pandemic has contributed to the change among consumers towards cashless payment. (Photo: SGGP)

Vietnam wholeheartedly promoting cashless payment

Digital applications are significantly changing how banks operate and making breakthroughs in business activities via overhead cost reduction. One such impressive application is the wide use of cashless payment in many countries, including Vietnam. Seeing a promising future in this aspect, banks in Vietnam are introducing various policies to boost the use of this convenient payment channel.

E-commerce business helps boost domestic market, export: Experts

E-commerce business helps boost domestic market, export: Experts

The national plan for e-commerce development in the 2021-2025 period aims to turn e-commerce into one of the pioneering areas of the digital economy, helping enhance the competitiveness of businesses and promoting the growth of both domestic market and export, according to Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan.
Consumers are comparing goods prices and reading comments on online shopping platforms. (Photo: SGGP)

HCMC proposed to tighten management of online business

There have been unhealthy online business activities in Ho Chi Minh City, especially during the latest Covid-19 outbreak. They have unavoidably decreased customer trust in general online commerce while led to tax revenue loss, which is why the municipal authorities must take measures to rectify the situation immediately.