By
Reuters
Revealed
December 6, 2024
Chinese language on-line retailers Temu and Shein have suspended their operations in Vietnam as the businesses work to register their e-commerce providers with the Southeast Asian nation’s authorities, the 2 firms stated on Thursday.
The Vietnamese authorities and home companies have voiced concern in regards to the impression of deep discounting by Chinese language on-line platforms, with the commerce ministry saying it was additionally apprehensive about potential sale of counterfeits.
Final month, Vietnam advised Shein and Temu to register with the federal government by the top of November or face the blocking of web domains and a halt in use of their apps.
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