The Ministry of Industry and Trade's Department of E-commerce and the Digital Economy has been cooperating with e-commerce platforms to remove barriers to the transportation of essential goods during the COVID-19 outbreak.

An online forum has been organized to discuss solutions to help 19 southern provinces sell their farm produce.

Postmart and Vo So e-commerce sites have been assigned to place farm produce on sale, thus promoting the digital economy in agriculture and rural development.

Policies are needed to support local e-commerce platforms and counter the might of cashed-up international e-commerce giants entering the Vietnamese e-commerce market, says chairman of Nextech, Nguyen Hoa Binh, who owned chodientu.vn.

Vietnam's tax authorities will give five more months for e-commerce platforms to set up data connectivity and begin sharing online sellers' information from January 2022.

Vietnam has the highest number of people shopping on e-commerce platforms in the Southeast Asia region with some 49.3 million people, according to the E-commerce White Book 2021 released by the Vietnam E-Commerce and Digital Economy Agency.

Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.

E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.

Farmers in the northern province of Hai Duong have earned revenue of VND1,600 billion in the lychee season this year, the highest ever. 

The novel coronavirus pandemic could act as a catalyst for digital banking adoption changing the consumption behavior of customers who do not want to go to banks for transactions in order to limit exposure.

E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms.

Hanoi and Ho Chi Minh City retail landlords continue to face declining rents due to social distancing and competition from e-commerce.

Despite progressively stricter regulations by tax collectors, individuals running business via online platforms are always a step ahead finding workarounds.

E-commerce platforms in Vietnam have seen the number of new users grow by 41% since the outbreak of the Covid-19 pandemic. Most of the new users said they would continue to use the new form of shopping even after the epidemic ends.

Some supermarkets and fast food stores in districts 12, Tan Binh, Hoc Mon yesterday announced a dramatic increase in online orders, up by 3-5 times compared to prior days.

The shift toward e-commerce due to the COVID-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam.

Tran Van Hanh, who lives in Chao hamlet, Luc Ngan district, Bac Giang province, one of the two largest litchi growing areas in Vietnam, owns an orchard that grows the most expensive litchis in the country.

Nguyen Van Lan’s 2-hectare litchi orchard in Luc Ngan district in Bac Giang province is ready for harvest. However, he still doesn’t know what to do to sell all the 40-50 tons of litchis amid the Covid-19 outbreak.

Vietnamese businesses need to prepare and move ahead to win the e-commerce race.

Many e-commerce firms still hold a traditional business mindset that does not keep up with the 4th industrial revolution as the companies lack interactions with customers.