Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Vietnam is warning Shein and Temu: Register or be blocked
    Profiles

    Vietnam is warning Shein and Temu: Register or be blocked

    By Nikita JiangNovember 12, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Vietnam’s Government concerned about deep discounting by Chinese platforms
    • Vietnam may abolish tax exemption for imported goods

    What happened

    Vietnam recently issued an ultimatum to Chinese e-commerce platforms Shein and Temu. The Vietnamese government has given them until the end of November to register with the Ministry of Industry and Trade. Vietnam’s deputy trade minister Nguyen Hoang Long said at a government meeting over the weekend that his ministry had worked with Shein and Temu on licensing matters. According to Hoang Long, the government will block access to both platforms if they fail to comply with licensing requirements.

    This move follows concerns that Shein and Temu’s aggressive pricing and fast-fashion models threaten Vietnam’ s domestic businesses. Shein, a popular fashion retailer, has been present in Vietnam for some time. While Temu, a unit of PDD Holdings, also entered the Vietnamese market last month.

    Vietnam allows imported goods of up to 1 million dong($40) to be exempt from a value-added tax. The finance ministry said most items benefiting from this tax break are imported via e-commerce platforms. And it is considering terminating the tax break.

    Also read: Vietnam says Temu, Shein must register with government or be blocked

    Also read: Vietnam threatens to block Chinese retailers Shein and Temu over licences

    What it’s important

    Vietnam’s requirement for Shein and Temu registration reflects a trend in Southeast Asia. Governments are stepping up regulation of foreign e-commerce giants to protect local economies. This stance especially benefits small businesses, such as local fashion brands and traditional retailers, that struggle to compete with these platforms’ low prices and high-volume products. For instance, Vietnamese fashion brand “Blooming Clothes,” a startup producing eco-friendly, locally designed apparel, faces intense competition from Shein’s low pricing and fast-fashion appeal.

    These local brands typically advocate sustainability and cultural relevance, but without local regulation, they find it difficult to compete when large platforms enter the market. Vietnam’s regulatory approach provides a protective framework for local businesses, emphasizing sustainable growth and fair competition over rapid market saturation driven by foreign platforms.

    Similar regulatory trends are emerging across Southeast Asia, as seen in Indonesia, where Amazon and Lazada face licensing requirements. This type of policy creates a fair competitive environment, allowing smaller companies like Blooming Clothes to grow alongside industry giants.

    Amazon Blooming Clothes Lazada Nguyen Hoang Long PDD Shein Temu
    Nikita Jiang

    Nikita Jiang is a dedicated journalist at Blue Tech Wave specializing in culture and technology. She holds a Bachelor's degree from King's College London and a Master's from the University of Manchester. Connect with her at n.jiang@btw.media.

    Related Posts

    CoLi Link Ghana Limited: Pioneering connectivity

    July 11, 2025

    Internet Puissance Plus Burkina Faso broadband provider

    July 11, 2025

    Revabit Limited: Revolutionising IT solutions for the digital age

    July 11, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.