Tiki

E-commerce in Vietnam continues to thrive and stands out in the overall economic landscape.

Vietnam’s e-commerce startup Tiki is expected to be Shinhan Financial’s first strategic partner in the Southeast Asian country.

Talent is a key factor that local businesses need improve to ensure sustained growth.

The Vietnamese online booth, an initiative from the Vietnam’s trade ministry to boost domestic consumption, could be a viable option for enterprises to access the market via a modern distribution channel.

A network of Vietnamese talents around the world would help speed up the research and development of new technologies and applications in Vietnam, said a senior government official.

Enterprises joining the event would have chances to sell their products on e-commerce platforms such as Sendo, Tiki, Voso, among others.

Sales promotion programs offered at supermarkets and online shops not only help customers easily buy things suitable to their needs, but also show their affection and love to teachers on this occasion.

The merger will make the race in the e-commerce market more exciting.

Following the hottest M&A retail deal of Vingroup and Masan in early 2020, the merger of Tiki and Sendo is expected to make the competition in e-commerce industry fiercer.

Over the past five years, the country’s e-commerce market has doubled with total online spending increasing from US$3.9 billion in 2015 to US$9.4 billion in 2019.