It is expected to see in Vietnam digital landscape in 2020, a potential increase in international funding, investment of outsources inducting business in Vietnam. Facebook is still the mainstream online platform for people not only interact with each other but also conduct online business, online shopping there. The information is gathered from various sources. Vietnam digital landscape in 2020 is looking forward for E-commerce players and E-wallet companies to push online shoppers towards online payment methods. >>> Read more: The landscape of eCommerce in Vietnam in 2020, >>> Read more: [Infographic] Vietnam’s E-commerce landscape 202. As one of the fastest-growing countries, Vietnam is quick to catch on the E-commerce trends, expanding at an unprecedented rate. As the Internet economy is booming, Vietnam is becoming a top destination for foreign investors. In April, the Guangxi Zhuang autonomous region website reported that Guangxi TUS-Innovation Cross-border E-commerce Co held a livestreaming session on Lazada to sell anti-pandemic products such as face masks and goggles. In Thailand, e-commerce solutions company aCommerce reported year-on-year growth in new customers of between 150 percent and 200 percent during the pandemic. " –> Read more: Social Media Is Still A Major Shopping Platform In Vietnam. The same report noted that vis-à-vis the rise of Southeast Asian middle … With livestreaming on social media platforms such as Facebook becoming more common, she added that such broadcasts have the potential to drive marketing and sales. Liu said,"E-commerce is projected to grow to $300 billion by 2025, but has a penetration rate of less than 5 per cent among the 650 million people living in Southeast Asia." October 1, 2020 "We are definitely interested in collaborating with Chinese partners and have lots to learn from them," she said. There will be a luxury push. "Livestream commerce can work here (in Singapore), just like it did in China.". S. Korea will boost vaccine air transport by easing dry ice rules, Iran upholds France-based journalist's death sentence, Iran says 'strategic' ties with Syria to grow further, Farmers protest across India against Modi's liberalization, Biden pick for national security chief sees chance for Iran deal. Boxme is the premier E-commerce fulfillment network in Southeast Asia, enabling world-wide merchants to sell online into this region without needing to establish a local presence. But until last year, Pang said nine out of 10 people she spoke to in Singapore were still unfamiliar with livestreaming. He was originally seconded to Lazada three years ago to overhaul the company’s technological infrastructure in an initiative dubbed, “Project Voyager.” The company also found that the "new normal" of working and learning from home triggered a significant rise in sales of books and computers. A mobile phone user browses the Shopavision site. In the first half of this year, the average value of an order throughout the region rose by 23 percent year-on-year to US$28.50, according to a report by e-commerce aggregator iPrice, which is based in Malaysia. Business across the entire value chain, from supply chain, logistics, marketing and customer service to e-commerce enablers, is growing significantly," Srivorakul said. Shopee, the latecomer as an eCommerce platform, made a great advent in 2015. Shopee started Shopee Feed, a social feature on its app at the beginning of 2020. By Yang Han in Hong Kong. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily. Shopee’s mobile-first approach paid out. Without written authorization from China Daily, such content shall not be republished or used in any form. The company is just one of many in the region's e-commerce industry to benefit from the pandemic. An increasing number of internet users in Southeast Asia frequently order products on e-commerce platforms, with e-commerce revenue estimated to exceed 20 billion in 2020. The biggest gains-57 percent and 51 percent respectively-were made in the Philippines and Singapore, according to the report, which was produced in collaboration with SimilarWeb and App Annie. Liu, from Lazada, said other critical factors driving the digital shift and redefining the e-commerce shopping experience include livestreaming and the use of artificial intelligence and algorithms to provide better shopping services. The way in which e-commerce is conducted has also diversified, Srivorakul said. Many well-known department stores and malls, including Metro and Robinsons in Singapore and the Siam Center in Thailand, have also hopped on the digital bandwagon to help their tenants set up virtual storefronts through Lazada's platform. Vietnam is quick to catch on the E-commerce trends, expanding at an unprecedented rate, Vietnam eCommerce is heading for the period 2021 – 2025, The landscape of eCommerce in Vietnam in 2020, [Infographic] Vietnam’s E-commerce landscape 202, How to increase sales in Shopee with these 3 features. The way in which e-commerce is conducted has also diversified, Srivorakul said and 2020 could a! Yang Han in Hong Kong, said logistics infrastructure in markets such as the economy... It in your browser COVID-19 pandemic this year, the latecomer as an eCommerce platform, made great... Company is just one of the pandemic ), '' she said promotions between banks smaller local.. 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