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Top online retailers are owned by VN firms

Dec 10th at 09:43
10-12-2013 09:43:16+07:00

Top online retailers are owned by VN firms

The top five Vietnamese retail websites are primarily under the management of Vietnamese companies, according to Nguyen Thanh Hung, vice chairman of the Viet Nam E-commerce Association (VECOM).

The sites include www.vatgia.com, www.lazada.vn, www.5giay.vn, www.enbac.com and www.thegioididong.com. Among these retail websites, only www.lazada.vn belongs to a foreign firm, Germany's Rocket Internet.

Hung told Infonet online newspaper that there were still many obstacles for electronic commerce operations in Viet Nam, including high transportation and delivery expenses and concerns about the security of customers' personal information.

The survey, carried out by VECOM, indicated that international businesses dominated the top five retail websites in Indonesia, Malaysia, Thailand, Singapore and the Philippines. Websites such as www.apple.com and www.amazon.com remain the most popular sites in these countries.

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