Vietnam suspends Chinese online retailer Temu as it fails to register

Quick Summary:

Temu said Thursday it was working with the Vietnam E-commerce and Digital Economy Agency and the Ministry of Industry and Trade to register its e-commerce services and had submitted required documents.

The government had warned the company that its app and website would be blocked if it did not register before an end-of-November deadline, official Vietnam News Agency cited the Ministry of Industry and Trade as saying.

Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November.

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Article Details

Category: BusinessFinance

Markets: IndiaVietnam

Topics: Online retailer E - commerce Vietnam News Shein E-commerce giant Illegal products E-commerce services Ministry of Industry and Trade Pinduoduo Vietnam News Agency Digital Economy Agency Europe Temu

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 14:54:24 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 265 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24136493

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