Hot race online sales

For young people in urban areas, online consumption and shopping are no longer strange. Texting to recharge your phone account, or go online to buy a book, put flowers for relatives . has become popular. Psychology, buying habits of many people began to change from traditional methods to new methods of e-commerce.

According to the survey of the E-Commerce Department (Ministry of Industry and Trade), if before 2007, the issue of awareness is the biggest obstacle to the development of e-commerce in Vietnam, then in 2007, awareness was withdrawn. down to No. 3, following security and payment security factors.

Speaking at a recent e-commerce development conference in Vietnam, Mr. Le Danh Vinh, Deputy Minister of Industry and Trade, commented: ' 2007 is the e-commerce year in Vietnam with a remarkable development. brilliant. '

Access to broadband Internet is becoming easier and more affordable, making the number of users increasing. In addition, it is imperative to improve the competitiveness of enterprises when Vietnam really enters the global playground. These are two important conditions that promote the development of e-commerce in the past year.

According to the E-Commerce Department report, up to 93% of businesses in the country connect to the Internet, of which, the rate of broadband connection is up to 81%. 38% of businesses have their own websites. Internet users thrive from urban to rural areas. Vietnam is now one of the countries with the highest number of Internet users in the region and the world.

The number of enterprises participating in e-commerce floors both at home and abroad is also growing rapidly. After more than a year of operation, ECVN National E-commerce Portal has over 1,500 members. The number that the E-Commerce Department announced recently said that there are about 300 e-commerce floors in operation nationwide.

According to the summarized figures of Online Supermarket 123mua.com.vn (newly established in July 2006), if in 2006, each month 123mua only received 150 to 200 orders, then in 2007, children This number reaches 2,200 - 2,500 orders / month. Revenue from this online business in 2007 increased by 200% compared to 2006.

25h.vn is also one of the leading B2C websites in Vietnam. According to statistics, this e-commerce portal currently has more than 3,000 products in 11 major commodity category groups from 1,000 member enterprises. There were 200 businesses having showrooms on 25h.vn.

Booming online payment

Picture 1 of Hot race online sales

The number of enterprises participating in e-commerce floors both at home and abroad is increasing rapidly

E-commerce in Vietnam in 2007 also showed the strong development of online payment services. In August 2007, Techcombank opened the Fast VietPay electronic payment gateway, allowing online sales websites to accept payment transactions via international cards bearing Visa, Master brand . of Techcombank.

Previously, Techcombank deployed electronic payment service MobiPay, allowing customers to shop online and pay insurance bills, electricity and water . by mobile phone messages for account providers. at Techcomnbank. Techcombank's Banking F @ st i-bank service also allows direct transfer via internet access.

Along with Techcombank, many banks such as Vietcombank, Incombank, Agribank . also issue cards and offer many services to increase card payment turnover. Currently, Vietcombank has 4 products: VCB-Money, VCB-iB @ nking, SMS B @ nking and V-CBP automatic bill payment. Incombank already has Incom @ bank, Bopo . These types of cards have been effectively serving the actual payment needs of modern economic activities.

Getting the most attention in the past year is the PayNet payment network. Mr. Vu Hoai Vu, Director of PayNet Payments Development, said: " In the current situation of many payment cards, the biggest benefit of PayNet is to connect consumers, banks and distributors. retailer, service providers . on a single payment card . ' After only 1 year of operation, PayNet has developed 1,500 card issuing agents in 26 provinces and cities, payment turnover of this network is currently about 2 billion VND / day.

And not to mention the emergence of eBay, the world's leading retailer, has drawn a lot of attention to Vietnam's retail market. Also in the past year, Yahoo networks, Google, have also made moves to explore this online business market.

Foreign investors' concerns are putting pressure on domestic businesses, making the race even more speedy. There are two times, according to the E-Commerce Department, which will mark the explosion of e-commerce in Vietnam. That is after the Circular on contract signing on e-commerce website was issued (expected in the first quarter of 2008) and in early 2009, when Vietnam allowed the establishment of a 100%-capital retail business. foreign.

Anh Quan