Want to be in the loop?
subscribe to
our notification
Business News
HCM CITY FOCUSES ON DEVELOPING INFRASTRUCTURE FOR E-COMMERCE
HCM City is focusing on developing its infrastructure for e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.
Figures from the department show that 62.5 per cent of local consumers use the internet for shopping, while 17.9 per cent choose online payments.
The value of online shopping rose 13.8 per cent annually in recent years, the department reported.
According to Hà Ngọc Sơn, head of the Import-Export Management Office under the city’s Department of Industry and Trade, the city aims to provide training to at least 70 per cent of public servants in economic sectors on general knowledge on State management over e-commerce activities, focusing on factors supporting such activities.
However, Sơn also said the city needs support from the State on planning, land reserves, and financial resources in the form of public investment.
Meanwhile, Trần Thái Sơn, founder and CEO of e-commerce platform Tiki.vn, said shopping demand via e-commerce floors is rising, adding that in HCM City it is double or even triple the country’s average.
Along with enterprises and e-commerce floors, more small businesses and individuals have also engaged in distributing and selling goods through e-commerce apps, he said, stressing the crucial need to expand infrastructure serving these activities.
Experts said that COVID-19 has hindered the development of international trade activities while encouraging sellers and buyers to join the e-commerce market, thus leading to a new trend of exporting goods via e-commerce channels.
They said that in order to take part in e-commerce activities, businesses need a network of warehouses and delivery centres, and the city needs to pay greater attention to the development of the logistics sector.
Phan Thị Bích Huệ, Chairwoman of the Management Board of the Tây Thái Bình Dương Company, said the southern hub should consider logistics as a spearhead sector.
In particular, she pointed out that many logistics firms have faced difficulties in accessing land for their business.
Source: VNS
Related News
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030
Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.






















