Tag: thaialnd

  • Vietnamese honey gets a sweet deal in Taiwan

    Vietnamese honey gets a sweet deal in Taiwan

    Vietnam’s honey exports to Taiwan rose by 57 percent last year to US$1.64 million, thanks to competitive prices and growing quality.

    Oanh, a woman from the northern province of Hai Duong who is working in Taiwan, said Taiwanese increasingly prefer Vietnamese honey due to its better prices than Thai products.

    Last year Vietnam was the second largest natural honey exporter to Taiwan, accounting for nearly 10 percent of the latter’s total imports. Its export volumes rose by 44 percent to 382 tons, according to statistics from Taiwan’s Bureau of Foreign Trade.

    In the first two months of 2022 exports quadrupled year-on-year to 46 tons. Vietnam exports 54,000 tons of honey annually, 95 percent of it to the U.S.Exporters said Taiwan is a promising market for honey due to growing demand.

    But the U.S. has imposed a preliminary anti-dumping tax of over 410 percent on Vietnamese honey.

    Its import tax on honey from other countries is around 30 percent.

  • Thailand Magento ecosystem in the making: Presenting Meet Magento Asia 2018

    Thailand Magento ecosystem in the making: Presenting Meet Magento Asia 2018

    E-commerce in Southeast Asia is making great strides to innovate with more technologies available and better infrastructure being put into place. Merchants, e-commerce technologists, marketing and technology agencies, and logistics companies are all part of the e-commerce ecosystem, but until recently there was no central platform or event designed to bring them together to exchange insights and value across industries. Fortunately, there’s an event to assemble the e-commerce community to collaborate and innovate. Meet Magento, with over 40 events a year and previously been held in over 24 countries, is the premier global conference for e-commerce professionals around the world.

    The first regional e-commerce event will be held in Bangkok on November 8th, 2018. This will be the event’s first opening in Asia, organised by SmartOSC, A Leading Ecommerce Solution Provider in Asia. According to research firm Statistica’s report, Thailand is one of the most important contributor to the growth of e-commerce in the region, with total revenue amounts to US$3,648m in 2018. The market is expected to show an annual growth rate of 13.3%, resulting in a market volume of over 6 billion US dollar by 2022. This is a huge opportunity for Thai business to grow their online presence. However, at the same time it is a threat as the market will be highly competitive with interest from international online retailers and marketplaces.

    This year’s Meet Magento Asia will cover a wide range of topics from omnichannel strategy, B2B online commerce, optimization strategy, payment, and many more. Online shopping has permeated modern culture. With e-commerce becoming an integral part of everyone’s daily lives, much of this year’s event will focus oncustomer experience, highlighting new technologies and marketing methods, best practices, optimizing customer engagement and lifetime value.

    The conference introduced business and technical tracks focused on the needs of the different attendees. Attendees will benefit from Meet Magento’s networking opportunity as well, which connects e-commerce professionals across industries and helps them promote their businesses and expand network. We are expected to welcome speakers from Oglivy, Asus and leading Indonesian retailer Kanmo Group along with top experts from Magento and Adobe. From cutting-edge technology talks, industry leader presentations, and networking, Meet Magento Asia has it all.

    This year, Meet Magento Asia goes further than ever before with its strategic partnerships to build high value for attendees and customers alike, including Magento technology partners Emarsys, InSync and Rackspace. The conference will bring the best and the latest to the field, making it a flagship event for online and offline retailers in both B2C and B2B commerce. Attendees can expect to find hundreds of prospective clients, industry experts and solution vendors.

    With the spirit of a community event, Meet Magento Asia organizer is opening the opportunity for everyone to share their expertise and experience. By engaging developers and merchants, the event will be able to gather a unique community which few ecosystems can parallel in terms of value. If you are interested in learning more Meet Magento Asia, please visit asia.meet-magento.com.

  • Central Group launches luxury cross-border shopping

    Central Group launches luxury cross-border shopping

    Conglomerate Central Group has taken a step toward an omnichannel strategy by launching a cross-border e-commerce luxury brand experience it claims is a world first.

    It has introduced access to its luxury-brand websites through messaging app WhatsApp as part of its vision of integrating online and offline shopping channels, says Central Group chairman/CEO Tos Chirathivat.

    “This move is calculated to serve the lifestyles of Central Group’s new customers by providing seamless integration of online and offline shopping channels,” he says. “That is the vision of the group moving forward.”

    Central Group is putting together a network of global luxury department stores across eight cities, including locations in Italy, Spain, Denmark and Germany, as well as Bangkok’s Central Chidlom and Central Embassy.

    It offers a digital magazine and e-newsletter through the website AuxVillesDuMonde.com, provides information fashion, food and culture in the eight cities. The website supports eight languages and also has a mobile app for Android and iOS.

    Users can add luxury department stores in WhatsApp, check product availability through live chat and make purchases through online payment options. Users can then pick up products at the store or have them shipped to their home.

    Central Department Store Group CEO Yuwadee Chirathivat says the company has spent €500,000 (THB19.8 million/US$595,000) on the website.

    “Cross-border shopping at nine stores in eight global cities is a new retail phenomenon,” she says. “Through the WhatsApp live-chat option, Thai shoppers will be able to order products from Europe and have them shipped in two to five days.”

    Shoppers have to pay import tax depending on the country of origin of their purchases.

    Central Department Store Group expects revenue from overseas stores to climb by 40 per cent this year, with revenue from abroad representing more than 20 per cent of Central Department Store’s THB130 billion (US$3.9 billion) revenue.