Temu, Shein halt Vietnam operations pending business registration

Temu, Shein halt Vietnam operations pending business registration

Popular budget-shopping platforms Temu and Shein have suspended operations in Vietnam, as they await approval from authorities to restart their local services. The country’s Ministry of Industry and Trade ordered Temu, owned by Chinese e-commerce giant PDD Holdings, to halt its business after the platform failed to complete the required business registration process by the … Read more

Discount shopping giant Temu enters Vietnam and Brunei as app faces ban in Indonesia

Discount shopping giant Temu enters Vietnam and Brunei as app faces ban in Indonesia

Temu’s website in Vietnam, however, showed that the company’s foray into one of the fastest-growing economies in the region was apparently rushed. It currently supports only English as well as transactions made via credit card and Google Pay, while excluding leading Vietnamese mobile payment service Momo. In affluent Brunei, Temu is available in both English … Read more