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Lazada bullish on Philippines e-commerce market

ONLINE shopping platform Lazada is optimistic that the Philippines will be one of the top e-commerce countries in the world because of the huge number of Filipinos who actively use social media, a company executive said on Monday. Inanc Balci, Lazada co-founder and chief executive officer, said the local e-commerce industry has an advantage in […]

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APEC meet an opportunity to discuss

THAILAND will foster its strategic position in the Asia-Pacific Economic Cooperation’s (Apec) Economic Leaders’ Meeting in Vietnam, while adjusting itself to cope with global dynamics and sustainability and enticing investment into the nation and the regional bloc.  The 25th Apec economic leaders’ meeting will be held November 8-11 in Vietnam. About 21 Apec members will […]

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Laos, Malaysia reaffirm business cooperation

Laos and Malaysia plan to continue to promote economic cooperation after seeing the progress made in recent years. Malaysia’s investments have helped to improve the quality of life for Lao people, it was noted when economic experts from the two countries met in Vientiane last week. The Lao delegation was led by the Director of […]

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Vietnam consumer wariness could impede e-commerce

HANOI — Alibaba group Chairman Jack Ma said yesterday that deep-seated hesitation among Vietnamese consumers could hamper mobile payment development in the country. Addressing the Vietnam Electronic Payment Forum 2017 (VEPF) in the capital city, the Chinese tycoon said the rate of cash transactions in Vietnam was too high, despite the huge potential to develop e-commerce in […]

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Vietnam to develop special economic units

The Hanoitimes – Vietnam’s provinces such as Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units. The southern province of Kien Giang People’s Council, at a recent meeting, approved the Phu […]

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