Fast-growing e-commerce fuels delivery service boom in Vietnam

Vietnam’s e-commerce has been growing in a robust pace in the wake of COVID-19, fuelling a boom in transport and express delivery services.
Fast-growing e-commerce fuels delivery service boom in Vietnam ảnh 1Vietnam’s e-commerce has been growing in a robust pace in the wake of COVID-19, fuelling a boom in transport and express delivery services. (Photo: VNA)
HCM City (VNA) – Vietnam’s e-commerce has beengrowing in a robust pace in the wake of COVID-19, fuelling a boom in transportand express delivery services.

It was estimated that Vietnam’s digital economy has been developingat an annual average rate of 38 percent since 2015, higher than the average of33 percent in Southeast Asia.

The COVID-19 pandemic has given a remarkable push for therevolution of e-commerce in Vietnam, with four leading online marketplacesreportedly expanding around 8 – 50 percent last year, according to a report bythe Vietnam E-commerce Association (VECOM). 

There was a significant surge in the number of orders one-commerce sites from June to September last year, when social distancing ruleswere strictly in place to curb the spread of COVID-19, compared to the sameperiod of 2020. The value of each order was 8 – 10 percent higher than theprojected figure at the beginning of the year.

Various express delivery and transport services providershave been founded to meet the increasing demand. As of the end ofSeptember 2021, the number of postal service providers in Vietnam had reached 650,up 67 from the end of the previous year, data from the Department of Posts under the Ministry of Informationand Communications showed.

The growing competition in the industry has forced manyfirms to apply the latest technologies and introduce various innovative solutionsto gain a bigger market share. One of the industry’s biggest companies – J&TExpress – has launched its international shipping services J&T Internationalto reach more customers at home and overseas.

Brand Director Phan Binh said J&T Express has expanded its internationalfreight routes to more than 200 countries and territories. In early January,the company expanded its network to the Middle East, starting in Saudi Arabiaand the UAE.

Vietnamese delivery services companies have been constantly diversifyingand upgrading their services to satisfy customers’ specialised needs and provideenriched experience in an effort to heighten their position in the market.

Advanced technologies, including the Internet of Things(IoT), Digital Twins, and smart and automated warehouse, are lending a helpinghand to allow these companies to handle a huge volume of orders with improvedservice quality every day.

Talking to the Vietnam News Agency, Anh Duc, a resident in Ho Chi Minh City, said he prefers brands which own both offline andonline sale channels. For him, those having linkages with reputable transportand delivery services providers are more likely to gain trust among customers andoffer them a wide range of products and better experiences./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.