Vietnamese businesses have made the most of Amazon to enhance their reputation and penetrate domestic and foreign markets. However, local and global markets are two completely different challenges. The number of Vietnamese vendors on Amazon has quadrupled since Amazon was launched in Vietnam five years ago. Notably, the number of sellers with annual sales of over US$1 million has increased tenfold. For e-commerce businesses, achieving success in both domestic and international markets is a complex and demanding endeavor. Brand building on Amazon In 2021, Kada International Company, a backpack and handbag producer based in HCMC, opened an account on Amazon during the Covid-19 outbreak. After nearly two years, in April 2024, Kada completed its brand registration in the United States. Kada director Le Van Hoang said with confidence that their products would perform well on Amazon. The products are made from recycled nylon yarns, and their design and sewing team has been trained in Japan. Additionally, the company has sub-contracted for well-known brands like Carhartt, The North Face, and LeSportsac. Transitioning from being a sub-contractor, even for internationally known brands, to owning a brand registered and selling on a global e-commerce platform is a long journey. Le Thi Khanh Ha, […]
Vietnamese businesses have made the most of Amazon to enhance their reputation and penetrate domestic and foreign markets. However, local and global markets are two completely different challenges. The number of Vietnamese vendors on Amazon has quadrupled since Amazon was launched in Vietnam five years ago. Notably, the number of sellers with annual sales of over US$1 million has increased tenfold. For e-commerce businesses, achieving success in both domestic and international markets is a complex and demanding endeavor. Brand building on Amazon In 2021, Kada International Company, a backpack and handbag producer based in HCMC, opened an account on Amazon during the Covid-19 outbreak. After nearly two years, in April 2024, Kada completed its brand registration in the United States. Kada director Le Van Hoang said with confidence that their products would perform well on Amazon. The products are made from recycled nylon yarns, and their design and sewing team has been trained in Japan. Additionally, the company has sub-contracted for well-known brands like Carhartt, The North Face, and LeSportsac. Transitioning from being a sub-contractor, even for internationally known brands, to owning a brand registered and selling on a global e-commerce platform is a long journey. Le Thi Khanh Ha, […]
Vietnamese businesses have made the most of Amazon to enhance their reputation and penetrate domestic and foreign markets. However, local and global markets are two completely different challenges. The number of Vietnamese vendors on Amazon has quadrupled since Amazon was launched in Vietnam five years ago. Notably, the number of sellers with annual sales of over US$1 million has increased tenfold. For e-commerce businesses, achieving success in both domestic and international markets is a complex and demanding endeavor. Brand building on Amazon In 2021, Kada International Company, a backpack and handbag producer based in HCMC, opened an account on Amazon during the Covid-19 outbreak. After nearly two years, in April 2024, Kada completed its brand registration in the United States. Kada director Le Van Hoang said with confidence that their products would perform well on Amazon. The products are made from recycled nylon yarns, and their design and sewing team has been trained in Japan. Additionally, the company has sub-contracted for well-known brands like Carhartt, The North Face, and LeSportsac. Transitioning from being a sub-contractor, even for internationally known brands, to owning a brand registered and selling on a global e-commerce platform is a long journey. Le Thi Khanh Ha, […]
HCMC – Around US$1 billion worth of foreign goods flow into Vietnam each month through four major e-commerce platforms, prompting concerns from the Ministry...
HCMC – Vietnam has collected over VND14.5 trillion in taxes from 94 foreign e-commerce suppliers since launching a portal established for foreign suppliers in...
HCMC - Business-to-consumer sales in the e-commerce sector this year are projected to grow by almost 40% year-on-year to VND650 trillion (US$28.1 billion), according...
HCMC - Tax authorities in Vietnam are considering stringent measures against vendors on e-commerce platforms who have not fulfilled their tax obligations, including the...
E-commerce has grown by leaps and bounds in Vietnam, and multiple legal regulations have also been issued to govern this area. When e-commerce develops...
Traditional wet markets, deeply woven into the fabric of Vietnamese society, are facing significant challenges as e-commerce platforms have surged and consumer behaviors have...
E-commerce platforms in Vietnam are not only experiencing fierce competition when it comes to product prices but also engaging in a significant race to...