.COM Recognised as Global Standard for Online Businesses

3:11:54 PM | 3/29/2016

On March 25, the Vietnam Chamber of Commerce and Industry (VCCI), organised a Verisign sponsored seminar for small and medium sized businesses (SMBs) in Vung Tau. The event aimed at educating SMBs on the immense potential of e-commerce in Vietnam.
 
The seminar successfully drew more than 200 SMB participants including members of key business associations from Vung Tau and the neighboring provinces, trade agreement consultants and e-commerce development experts. Mr. Hoc Nguyen, Director of P.A Vietnam in the South, a leading company in domain names and web hosting in Vietnam, was one of the presenters.
 
Mobile e-commerce continues to gain momentum in emerging markets. In Vietnam, consumers are increasingly utilizing their mobile devices to engage and participate in online activities. SMBs need to prepare for this shift to mobile and ensure that they are able to meet the needs of their customers.
 
According to Vietnam Mobile E-Commerce Report 2014, there are 134 million mobile subscribers in Vietnam and more than 11.6 million smart phones were sold between 2014 and 2015. Thirty nine percent of the Vietnamese population is using the Internet and 34 percent are going online using their handheld mobile devices. As a result, Vietnam is recognized as a booming market for mobile e-commerce. It was reported in Vietnam E-Business Index 2015 that only 26 percent of business websites are mobile-friendly and 43 percent of companies have achieved higher revenue from being online.
 
 
"Consumers are moving away from desktops and laptops. There is an increase in the uptake of smaller, portable devices allowing one to have access to the online world 24/7. Therefore, it is essential for SMBs to find ways to meet this demand and stay abreast of the latest mobile e-commerce trends, in order to retain their competitive edge in the business environment. A strong online presence will ensure that businesses are more visible to a wider audience. I believe that this will definitely increase profitability in the long term,” said Ms. Nguyen Xuan Bich Thoai, Deputy Director of VCCI in Vung Tau.
 
“Choosing the right domain name is the first step towards building a successful website. By using tried and trusted domain extensions that customers are already familiar with, there is a level of credibility awarded to these businesses. We advise businesses to choose .com because it is the global standard for doing business online. In order to build a strong online presence that can extend beyond the local audience, .com is the way to go,” said Mr. Hoc Nguyen of P.A Vietnam.
 
With more than 18 years of uninterrupted availability of the Verisign DNS for .com and over 120 million .com domain names registered worldwide, the .com domain name is a great option for any SMB to develop their online presence. SMBs looking to learn more about .com, register new domains and set up mobile websites, can contact their local registrar P.A Vietnam or visit Verisign.com/VN for more information.
 
Duy Anh