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E-commerce helps develop logistics property sector

December 01, 2019 / Vietnam+

Growing demand from e-commerce users is putting pressure on existing supply chains, facilities and warehouses. Single’s Day on November 11 saw a surge on local e-commerce sites. E-commerce platform Tiki saw a quadrupling of orders and buyers during its ‘Legendary Sale 11.11’ promotion on the day. In Vietnam, over 60 percent of the population use the internet, and this offers brands the opportunity to easily approach target customers. According to Peter Guevarra, a director from the real estate services firm Jones Lang LaSalle (JLL) Vietnam, warehousing is the major beneficiary of the growth of online shopping as online customers are becoming ever more demanding, with next day and even same day delivery becoming an important part of the online retailer’s offer.