E-commerce sales reach $7.69 bln in H1
The combined slaes of Vietnam's 4 largest e-commerce platforms (Shopee, TikTok, Lazada, Tiki) jump 41.52% year-on-year.
Vietnam's Traditional Markets Face Existential Challenge as E-Commerce Soars
The rise of online shopping leaves age-old markets struggling to survive, forcing businesses to adapt or perish.
E-commerce keeps booming in Vietnam
A stellar first quarter hints at even bigger things to come
Real estate business results down in Q2
Real estate posted the least effective business results in the second quarter of 2022 of eleven industries, with many listed companies seeing negative market capitalization growth. Total revenue in the second quarter by listed real estate companies was down 58.4 per cent year-on-year while net profits were down 51.3 per cent.
Auto market recovering but sales still down
September sales increase significantly against August but down 50 per cent against September 2020.
E-commerce platforms seeing orders rise
The volume of orders placed on e-commerce platforms has increased significantly in Vietnam since social distancing and quarantining were introduced. Tiki has sold 10 tons of vegetables and taken 10,000 orders for essential products each day. Demand for essential products on Shopee reached 30 tons a day. Average consumption of vegetables and processed food on Lazada was 5-10 tons a day. Voso and Postmart, with advantages in logistics, offered both online and offline price stabilization sales and ensured delivery to many areas.