E-commerce becomes the trend

E-commerce takes place when people buy and sell things online rather than doing so at a shop of at an office. More and more people in Việt Nam are doing business this way. Many businesses find it cheaper way to operate this way. They also manage to do business with people all over the world. Thu Ngân HCM CITY — E-commerce has become the easiest way for micro, small and medium-sized enterprises (MSMEs) in Việt Nam to achieve success in both the domestic and foreign markets. This trading method has become popular in Việt Nam, a concomitant to the surging number of internet and smart-phone users. Last year 65 per cent of the population using the internet shopped online, according to the white book on e-commerce released by the Ministry of Industry and Trade. Besides, consumers’ purchasing habits are changing, with even people visiting shops searching online for information about them before going there. Companies too are greatly benefiting from e-commerce, especially small ones that struggle with capital and human resources. Trần Đình Toản, deputy CEO of OSB Investment and Technology Joint Stock Company, said e-commerce enabled companies to approach customers anywhere in the world at any time. “It is… Read full this story

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