Lazada

Lazada continues to offer new promotions to entice its customer base As one of the early e-commerce players in Vietnam, Lazada is at the forefront of technology to meet customers’ evolving demand. During the Birthday Sale Boom shopping festival in March, the company increased its investments in two new shopping channels, LazLook and LazBeauty, bringing a unique and sophisticated shopping experience to users. There are also myriad promotions for refunds and free shopping. At the same time, the Lazada Super Show virtual music festival has also been held. By integrating 360-degree AR technology, viewers were immersed in unique spaces at home. Meanwhile, the company also applies realistic AI and AR-powered Virtual Try-On to shoppers, enabling beauty lovers to instantly sample products with pictures or live videos of themselves before making a purchase. The moves are all part of attempts to be ahead of the e-commerce game in expectation of an explosion in growth. According to a … [Read more...] about Technology improvements at heart of Lazada’s legacy

A commodity sorting line at the Lazada Logistics Park which opened on Thursday at Song Than 1 Industrial Zone in the southern province of Binh Duong. — Photo Courtesy Lazada Ligistics Vietnam E-commerce company Lazada Logistics Vietnam on Thursday officially inaugurated a commodity sorting centre called Lazada Logistics Park at Song Than 1 Industrial Zone in the southern province of Binh Duong. Covering an area of 20,000 sq.m, the Lazada Logistics Park, whose capacity is 1 million parcels per day, is the biggest and most modern logistic centre in the province. According to Lazada, its new sorting centre is equipped with modern technologies such as artificial intelligence (AI), machine learning and 99 per cent of the sorting lines are automated. The other modern technologies used at the centre include a telescopic conveyor system, a singulator, dim weight scanners, a wheel sort system with o-belt modular structures, a cross-belt sorting system, small parcel cross-belt sorting, … [Read more...] about Lazada Logistics Park opens, sorting 1 million parcels per day

Dang Anh Dung, deputy general director of the e-commerce platform Lazada Vietnam's e-commerce topped the region in terms of growth rate in 2022, according to the latest report from Google, Temasek, and Bain & Company. Vietnam's compound annual growth rate was 28 per cent, higher than Singapore (17 per cent) and Thailand (15 per cent). The scale of Vietnam's digital economy has now reached $23 billion and could hit nearly $50 billion in three years if the current growth rate is maintained, according to the report. With rapid growth and far-reaching impacts on people's lives, the e-commerce industry is transforming in pursuit of sustainable growth based on technology and rapid digital transformation. At the Forum Digital Transformation : Faster - Smarter - Greener, organised by VIR for the second year, Dang Anh Dung, deputy general director of Lazada Vietnam said that over the first ten years of the industry, players have been investing in infrastructure, services, and … [Read more...] about Next era of e-commerce: Digital transformation with sustainable development

Selex Motors, a Vietnamese start-up developing a smart electric scooter ecosystem in Vietnam, has helped define ‘Made-in-Vietnam’ electric vehicles (EVs), specifically electric scooters, as its products are completely manufactured in the Southeast Asian nation. Selex Motors co-founders are Nguyen Huu Phuoc Nguyen, Nguyen Trong Hai, and Nguyen Dinh Quang. Both Nguyen and Hai earned a PhD in mechanical engineering from the University of Michigan and worked for many companies in both the U.S. and Vietnam. Meanwhile, Quang is an expert in software engineering and the Internet of Things (IoT), and has developed complicated national defense systems for enterprises in Israel. Since late last year, Selex Motors’ first smart electric scooters have run on the streets in Hanoi. The company has been expanding its ecosystem to many large cities, heading toward exporting the ecosystem to other Southeast Asian countries. An event to experience Selex Motors’ electric scooters. … [Read more...] about Start-up realizes dream of ‘made-in-Vietnam’ electric scooters

E-commerce activities continued to grow by double digits, reaching 28 per cent in 2022. — Photo tapchitaichinh.vn The E-Commerce Industry 2023 Report shows that sustainability will be the development trend of Viet Nam's e-commerce in the future. According to this report, with the theme of Sustainable E-Commerce: Driving the Digital Economy, recently released by the Vietnam Chamber of Commerce and Industry (VCCI) and Lazada, e-commerce is an indispensable activity, playing the role of narrowing the gap between people, businesses and localities and optimising intermediate costs to promote production and business. E-commerce is entering the stage of sustainable and responsible business, experts said in the report. VCCI vice chairman Nguyen Quang Vinh was quoted by the Dien dan doanh nghiep (Business Forum) newspaper as saying that "Business today must create new values, not only economic values. Enterprises need to think beyond economic issues, being social and environmental … [Read more...] about Viet Nam’s e-commerce industry changes towards sustainable development: report

Proposals relating to cooperation and encouraging foreign investors to join Vietnam’s innovation journey were addressed at some forums, including one at VIR’s headquarters and the annual Vietnam Business Forum (VBF) organised in Hanoi over a week back. Working groups of the Vietnam Business Forum touched on a variety of topics and recommendations for greater progress Photo: Dung Minh One particular area of discussion focused on the digital economy and tech such as blockchain. Do Tien Thinh, deputy director of the Vietnam National Innovation Centre (NIC) said at VIR’s forum on digital transformation on March 21 that the NIC is working with many big foreign technology groups to connect them with domestic enterprises to implement training courses and technical supporting programmes. Thinh said Google has implemented digital skill training courses for businesses, especially startups. In mid-2022, Google launched a certification initiative and Startup Academy Vietnam, … [Read more...] about High-tech talent pool to aid transformation

Several e-commerce platforms in Vietnam reported a decrease in the value of sales despite having launched many promotions. Consumers on e-commerce platforms used to prefer high-end, luxury items. The trend has changed, however, as buyers now focus on healthcare products, sportswear, and fitness products. The reason for this change is the impact of economic difficulties and inflation, many vendors on e-commerce platforms believed. They added that buyers now tend to seek healthcare products with reasonable prices and prefer direct discounts. Hung, whose online store specializes in selling phone accessories and electronic goods, said that the revenue of this group of products decreased by nearly 40 percent compared to the same period last year. Online shoppers only focus on beauty or healthcare products and tend to cut unnecessary spending, Hung added. Lazada’s report on February 3 showed that consumers want to receive more value from the products they buy, aside from … [Read more...] about E-commerce in Vietnam faces decreasing purchasing power

Great minds from around the world have a wealth of knowledge and want Vietnam to be a digital pioneer, Photo: Cuong Minh At VIR’s forum on digital transformation on March 21, Do Tien Thinh, deputy director of the Vietnam National Innovation Centre (NIC), said that it is crucial to support innovation and help businesses achieve their emission reduction goals. “While technology groups seek to expand their customer base and provide tech solutions, local businesses require digital transformation and innovation,” Thinh said. “In response, the NIC acts as a mediator, connecting private sector businesses with technology solution providers to provide training for human resources in digital transformation and innovation.” The NIC has already collaborated with the likes of Siemens, Google, and Hitachi to implement innovation support programmes at factories. A very visible area of green digital transformation has been in manufacturing, with factories constantly seeking new approaches … [Read more...] about Greener, faster, smarter digital plans

Illustrative image (Photo: nongnghiep.vn) Hanoi (VNA) – Relevant departments and sectors of Hanoi have paid special heed to promoting trade promotion activities for products of the One Commune One Product (OCOP) programme, with the goal of building trademarks for such products and increasing consumers' awareness of them. agricultural products of not only Hanoi but also other localities. OCOP products and specialties were organised in 2022, contributing to promoting the products to locals as well as tourists, she said. OCOP products on major e-commerce platforms such as Tiki, Lazada, Sendo, she said. The city aims to have an additional 2,000 OCOP products rated three stars and above by 2025. VNA … [Read more...] about Hanoi looks to build trademarks for OCOP products