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Reading: Vietnam says Temu, Shein should register with govt or be blocked in nation By Reuters
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Vietnam says Temu, Shein should register with govt or be blocked in nation By Reuters
The Tycoon Herald > Business > Vietnam says Temu, Shein should register with govt or be blocked in nation By Reuters
Business

Vietnam says Temu, Shein should register with govt or be blocked in nation By Reuters

Tycoon Herald
By Tycoon Herald 1 Min Read Published November 11, 2024
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HANOI (Reuters) – The Vietnamese authorities stated it can block the web domains and apps of Chinese language on-line retailers Shein and Temu within the nation in the event that they haven’t registered their operations with the commerce ministry earlier than the top of November.

The transfer comes amid issues in regards to the impression of Chinese language on-line platforms on native markets on account of their heavy discounting and the standard of products obtainable.

Vietnamese deputy commerce minister Nguyen Hoang Lengthy advised a authorities assembly on the weekend that the ministry had labored with each Shein and Temu on the licensing matter.

Vietnam says Temu, Shein should register with govt or be blocked in nation By Reuters

“After the ministry’s notification, if these platforms do not comply, the Ministry of Industry and Trade will coordinate with relevant agencies to implement technical measures such as blocking applications and domains,” Lengthy stated in a authorities assertion launched after the assembly.

Quick-fashion retailer Shein has been promoting into Vietnam for a while, whereas Temu, owned by Chinese language e-commerce big PDD Holdings, began permitting customers in Vietnam to buy final month.

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