The online shopping spree on December 4 at the website onlinefriday.vn with more than 63,500 products on sales has drawn the great interest of consumers.
Over 63,500 products on sales on the online shopping spree (Souce: vov.vn)
Hanoi (VNA) – The online shopping spree on December 4 at the website onlinefriday.vn ♑with more than 63,500 products on sales has drawn the great interest of consumers.
Organisers said they have sent 100 million messages to mobile subscribers to inform them of the event. By 10 a.m, the website attracted 560,000 visitors.
Nearly 2,000 participating retailers offered generous discounts on high-end clothes, books, watches, digital equipment, tourism products and household utensils.
Swatch and Guess brands gave discounts of up to 70 percent, while Mango, Nike and Dorothy brands offered a 50-percent discount, as a few to name.
Jose Finch, Managing Director of Zalora Vietnam - one of the leading online fashion retailers, said Online Friday has become a special event of Vietnam’s e-commerce sector which is anticipated by both consumers and businesses.
Apart from participating in the online shopping day, the company has also joined hands with over 50 e-commerce partners and retailers to launch “Online Fever” - its biggest-ever online programme, he said.
In response to the day, eight banks and credit institutions offered cash-back services to online transactions. Also, express delivery firms like VietnamPost and ViettelPost supported online retailers with delivery cost halved.
Experts said online transactions valued 2.97 billion USD were conducted in 2014. The figure is expected to stand at 4 billion USD this year.
They forecast that e-commerce will continue to thrive in Vietnam in the coming time, especially at a time when the country is accelerating its international economic integration through the signing and negotiation of a range of bilateral and multilateral trade agreements.
The online promotion, organised by the Vietnam E-Commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade, aims to boost consumer demand and wireless purchases.
This is also part of the agency’s strategy to promote the development of e-commerce in Vietnam, according to head of the VECITA Tran Huu Linh.-VNA
After five years of implementation of the General Plan to Develop Electronic Commerce 2011-15, e-commerce has contributed greatly to the country's socio-economic growth.
Shipping services have been developing in recent years, however, the service still has not caught up with the development of Vietnam's e-commerce sector.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Over 63,500 products on sales on the online shopping spree (Souce: vov.vn)
