Vietnamese Ecommerce Sites Struggle to Survive

[mandy]

However, just six months after the website was awarded a prize for outstanding e-commerce websites by the Trade Ministry, 123mua was experiencing the same problems as other e-commerce sites in Vietnam.

“So far we have not obtained profits. E-commerce is not popular in Vietnam yet. Most consumers don’t have the habit of shopping online. Vietnamese customers often want to see goods before buying them,” Ms. Nga said.

This habit is one of the most prominent reasons that e-commerce in the forms of B2C and C2C in Vietnam has had difficulty developing, besides the weakness of the online payment system...

full article: http://english.vietnamnet.vn/reports/2007/08/731994/