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Vietnam’s logistics market dominated by foreign firms

The Hanoitimes – Vietnam lacks two million logistics workers, according to the Vietnam Logistics Research and Development Institute. Nearly 30,000 logistics businesses are operating in Vietnam, of which domestic businesses accounted for 89% but hold merely a 20% market share, meanwhile foreign-owned and joint venture peers accounted for 11% but take the upper hand with a […]

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Asean’s mobile e-commerce leaders

Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek, there are more than 350 million internet users in the six largest markets in Southeast Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam).  More importantly, more than 90% of Southeast Asians connect to the internet […]

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Laos-Vietnam trade deficit set to drop to US$227 million

VIENTIANE (Vientiane Times/ANN) – The Lao government has set a target of reducing the trade deficit with Vietnam to about US$227 million this year, with the country producing more products for export.  The value of imports from Vietnam to Laos is expected to touch US$985.3 million, and Laos plans to achieve exports of US$757.9 million, according […]

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