What if Chinese control the online retail market? VietNamNet Bridge - Chinese online retailers are penetrating the Vietnamese market, putting pressure on domestically made products, analysts have warned. While Vietnamese retailers can compete with giant retail groups from Thailand, South Korea and Japan in modern retail, they are inferior in the online retail market because of limited financial capability and technology platforms. “With the presence of big Chinese online retailers, Chinese goods will have better opportunities to penetrate the Vietnamese market. Once Chinese goods flood the market, the room for Vietnamese goods in online retail channels will shrink,” the expert said.
Source: VietNamNet News February 28, 2018 03:22 UTC