Regulatory hurdles stall Temu in Vietnam amid Southeast Asia...

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2024-12-18 13:39:00

Regulatory hurdles stall Temu in Vietnam amid Southeast Asia e-commerce boom

Vietnam’s suspension of Temu over business registration issues highlights the challenges of navigating a fast-growing yet tightly regulated market. On December 5, Vietnam’s Ministry of Industry and Trade announced that it had ordered Temu to suspend operations due to the company’s failure to meet business registration requirements. Temu launched its Vietnam site in October,...

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