Facebook has just blocked API, affecting a large number of Vietnamese online businesses utilising the social network as a trading platform. A large number of online sellers are affected due to Facebook's blocking API On March 27, many large fanpages and online services simultaneously announced problems related to applications developed on Facebook and Messenger in Vietnam. Accordingly, Facebook accounts cannot be logged into temporarily. Almost none of the relevant apps like Facebook Shop and third party apps using application programming interface (API) collecting user data work. “Vietnamese developers’ applications connected to Facebook and Messenger have stopped working two days ago,” said Nguyen Thanh Tung, a programmer supporting sales websites in Ho Chi Minh City. Tung also said that all the websites’ features and apps related to Facebook user data are affected. “Too many people are affected, our group members have to deal with each … [Read more...] about Thousands of Vietnamese online stores to go bankcrupt by Facebook blocking API
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Warning over dodgy online traders
E-commerce websites play a role in quality control and protect customers’ interests. — Photo blog.bizweb.vn Le Thi Thu Hang from HCM City’s Go Vap District recently ordered a product displayed on an e-commerce marketplace from a supplier that had no e-commerce website. To save fees paid to the e-commerce marketplace, the supplier contacted her directly and asked her to order from the company instead of through the e-commerce site. “I was surprised when they wanted to cancel. I asked again a few times and they said if I cancelled or ordered directly from them, I would receive a special discount and get the item earlier,” Hang said. “However, I said no because I know the e-commerce marketplace ensures the quality of items of their suppliers and protects customers,” she added. “After I said no, I received an email that said they had run out of the item.” E-commerce websites play a role in quality control and protect customers’ … [Read more...] about Warning over dodgy online traders
Customers warned about online suppliers trading without their own websites
Le Thi Thu Hang from HCM City’s Go Vap District recently ordered a product displayed on an e-commerce marketplace from a supplier that had no e-commerce website. E-commerce websites play a role in quality control and protect customers’ interests. – VNS Photo Van Chau To save fees paid to the e-commerce marketplace, the supplier contacted her directly and asked her to order from the company instead of through the e-commerce site. “I was surprised when they wanted to cancel. I asked again a few times and they said if I cancelled or ordered directly from them, I would receive a special discount and get the item earlier,” Hang said. “However, I said no because I know the e-commerce marketplace ensures the quality of items of their suppliers and protects customers,” she added. “After I said no, I received an email that said they had run out of the item.” E-commerce websites play a role in quality control and protect … [Read more...] about Customers warned about online suppliers trading without their own websites
Ministry releases official information about biggest online gambling ring
Phan Sao Nam (R) and Nguyen Van Duong are accused of being the masterminds behind the ring (Photo: Ministry of Public Security) Hanoi (VNA) – The Ministry of Public Security (MoPS) has officially announced a crackdown on “using the internet to appropriate assets, organise gambling, gamble, illegally trade invoices and launder money in Phu Tho province and some other provinces and cities.” The announcement was issued after a number of domestic newspapers ran inaccurate reports on the investigation into and initial investigation outcomes of the case. The ministry did not clarify which parts of which reports were inaccurate. The ministry said many organisations and persons took advantage of information technology and the internet to organise online gambling rings through betting or card games. Among those card games, Rikvip, which was later renamed Tip.club, was organised in a sophisticated manner and on a large scale, attracting millions of gamblers with … [Read more...] about Ministry releases official information about biggest online gambling ring
Vietnamese life insurance sector going online
Prudential, Manulife, and FWD were among the first insurance firms to transfer insurance transactions to digital platforms, who are now followed by Chubb Life, Generali Vietnam, and Hanwha Life. Recently, the Vietnam-based arm of FWD insurance firm launched the online purchasing option for "FWD cancer care," a life insurance package which promises customers to pay the entire sum assured for cancer diagnosis at any stage. Previously, in October 2017, the insurance firm also launched a personal accident insurance package for 100,000 customers on Tiki.vn, a Vietnam-based e-commerce shopping platform, which was only tradable on the firm's online platform, providing customers with protection against risk of death and accidental injuries. Additionally, FWD's online insurance trading process was reported to be free of direct consultation with insurance agents, offering relatively shorter processing duration than the conventional method. Additionally, FWD's online insurance trading process … [Read more...] about Vietnamese life insurance sector going online