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Singapore e-commerce scams double in 2023

Singaporean authorities recorded 9,783 e-commerce scams in 2023, more than doubling the 4,762 cases reported in 2022, according to a report issued by the Ministry of Home Affairs on Wednesday.

Southeast Asia - Thu, April 11, 2024 | 11:57 am

Police arrest four for cheating on Shopee e-commerce platform

Police in Vietnam’s northern province of Phu Tho have arrested and initiated legal proceedings against four people for appropriating assets from Shopee Company Limited, the operator of the Shopee e-commerce platform, which is the biggest of its kind in the country.

Society - Tue, April 2, 2024 | 2:04 pm

Strong development of e-commerce is reshaping Vietnam logistics market: Cushman & Wakefield

Vietnam has grown to become one of the e-commerce markets with the biggest potential in the ASEAN region, Cushman & Wakefield analysts write.

Consulting - Tue, March 5, 2024 | 8:08 am

Top 5 Vietnam e-commerce platforms’ 2023 revenue grows 53% to $9.46 bln

Top five e-commerce platforms in Vietnam – Shopee, Lazada, Tiki, Sendo, and Tiktok Shop – recorded total revenues of VND232.1 trillion ($9.46 billion) in 2023, up 53.4% year-on-year.

Companies - Wed, January 17, 2024 | 3:38 pm

Korea, Germany-invested food courier Baemin to leave Vietnam after 4 years

Baemin Vietnam, a food courier jointly invested by South Korea’s Woowa Brothers and Germany’s Delivery Hero, will stop operating in Vietnam from December 8, the firm announced on Friday.

Companies - Fri, November 24, 2023 | 5:35 pm

Leading Vietnam food firm Kido joins hands with Tiktok

Vietnam's leading food producer Kido on Saturday launched its first E2E (entertainment and e-commerce) channel on the Tiktok Shop platform.

Finance - Mon, November 20, 2023 | 10:57 am

Amazon committed to deeper engagement in Vietnam: executive

Seattle-headquartered Amazon will deepen its engagement in Vietnam in the fields of digital transformation, e-commerce and cloud computing, vice president of international public policy and government affairs at Amazon Susan Pointer has said.

Companies - Fri, October 27, 2023 | 10:36 am

Major e-commerce platforms in Vietnam post 23% growth to $2.6 bln in Q3

Five of the leading e-commerce platforms operating in Vietnam, namely Shopee, Tiktok Shop, Lazada, Tiki and Sendo, recorded a combined revenue of VND63.23 trillion ($2.58 billion) in the third quarter of this year, up 22.7% from Q2, according to a new report by local e-commerce analyst Metric.vn.

Companies - Tue, October 24, 2023 | 11:36 am

Logistics 'the goose that lays the golden egg' for Vietnam: Cushman & Wakefield

Rapidly growing e-commerce and increasing warehouse demand are major factors driving logistics development in Vietnam, making it "the goose that lays the golden egg" for the country, a Cushman & Wakefield report says.

Investing - Sun, October 8, 2023 | 10:54 am

TikTok needs to correct violations in Vietnam: ministry

Short-form video hosting service TikTok needs to correct several violations it has committed in providing a transnational commercial platform in Vietnam, according to the Ministry of Information and Communications.

Companies - Sat, October 7, 2023 | 10:53 pm

Vietnam firms enjoy fastest Amazon sales growth in Southeast Asia

Vietnamese businesses have achieved the highest global sales through Amazon in Southeast Asia over the last 2-3 years and their e-commerce value will continue to soar. If B2C e-commerce is considered an export industry, it will be the fifth largest export industry in Vietnam within the next five years, said Gijae Seong, head of Amazon Global Selling Vietnam.

Executive Talk - Thu, August 31, 2023 | 8:20 am