E-commerce sector rapidly expanding

China Online finance

Vietnamese e-commerce sales are expected to hit more than US$4 billion in 2015, thanks to growing internet users, reports the Viet Nam E-commerce and Information Technology Agency (VECITA). According to VECITA, which comes under the Ministry of Industry and Trade, the value of e-commerce sales in Viet Nam is estimated at $2.2 billion with an average More...

by BTimes | Published 4 days ago

Vietnam’s E-commerce sales may double by 2015

Vietnam’s e-commerce sales were estimated at $2.2 billion in 2013 and are expected to surpass $4 billion by 2015 thanks to increases in the number of internet users, vnexpress.net reported. The Vietnam E-commerce More...

April 16th, 2014

Circular outlines IT spending criteria

The Ministry of Information and Communications (MIC) has issued Circular No. 01/2014/TT-BTTTT (February 20, 2014) that provides the criteria and list of domestic information technology (IT) products and services More...

April 16th, 2014

SBV says system still secure after bug rumour

Information technology (IT) based services of the Vietnamese banking system were operating normally and still secure, the State Bank of Viet Nam (SBV) stated in Thursday evening’s press release. The announcement More...

April 13th, 2014

Stable growth for Vietnam’s outsourcing software industry

Software outsourcing companies recorded high revenue growth in the first quarter of this year and expected to maintain this momentum in the coming months based on the contracts they have won for the entire year. Tran More...

April 11th, 2014

Information technology firms raise investment in Hanoi

The capital city attracted more than 300 IT projects with a total investment of 1.8 billion USD in 2013. This represented an increase of 13 percent in the number of projects and 21 percent in terms of value. Of More...

April 7th, 2014

UAE tops phone importers’ list

The United Arab Emirates (UAE) is the biggest importer of Vietnamese phone and phone accessories, with growth of over 100 per cent year-on-year since 2010.  According to the Ministry of Industry and Trade, Vietnamese More...

April 7th, 2014

Vietnam e-commerce market still has opportunities for new comers

No enterprise has obtained the dominant position in the e-commerce market in Vietnam, which means that great opportunities are still awaiting new comers. A report of PwC showed that the most popular business models More...

March 30th, 2014

Ministry urges internet upgrade

The Ministry of Information and Communications (MIC) has urged internet content providers in Viet Nam to implement the use of Internet Protocol Version 6 (IPv6) in order to adapt to global internet development. Speaking More...

March 30th, 2014

“Outsourcing” software does not mean “producing” software

Under the current regulations, the firms which implement software outsourcing contracts cannot enjoy the tax incentives designed for software production firms. High technology firms cannot enjoy tax incentives Director More...

March 27th, 2014