E-Commerce%20for%20Digital%20Content%20Industries%20in%20Vietnam

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Brief Introduction toeCommerce Based
on E-Commerce for Digital Content
Industry Opportunities and Obstacles in
VietnamSeminar in November 99 during VINIT99 in
Hanoi Stefan Probst, Opticom Technologies Ltd.
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E-Commerce for Digital Content
Industry Opportunities and Obstacles in Vietnam
Definition E-Commerce is about doing business
electronically and encompasses many diverse
activities both in the business-to-business
market and in the business-to-consumer market.
Activities include electronic trading of goods
and services, online delivery of digital content,
electronic fund transfers, electronic share
trading, commercial auctions, collaborative
design and engineering, online sourcing, public
procurement, direct consumer marketing, and
after-sales service.It involves both products
(e.g. consumer goods) and services (e.g.
information services, financial and legal
services).
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E-Commerce for Digital Content
Industry Opportunities and Obstacles in Vietnam
Definition E-Commerce Electronic commerce
relate to commercial transaction of goods and
services conducted between parties electronically
mainly through open Internet based systems i.e.
the parties interact electronically rather than
by physical exchange or contact. A wide range of
communication technologies including e-mail, EDI,
Internet, Intranet and Extranet can be used to
support electronic commerce. Electronic commerce
includes commercial transactions such as
electronic trading of goods and services, on line
delivery of digital content, electronic fund
transfers, electronic share trading, electronic
bills of lading, collaborative design and
engineering, on line sourcing, public
procurement, direct and consumer market. The
potential for the application of electronic
commerce will continue to expand. Source APEC
paper on www.ecommerce.gov/apec/docs/chapter4.ht
mlec
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E-Commerce for Digital Content
Industry Opportunities and Obstacles in Vietnam
Electronic Commerce Trading via the Internet -
Product Descriptions and Prices on a WebSite -
Order and Delivery Conditions on that WebSite -
Ordering via the WebSite (shopping cart systems
online order form) - Payment Order via Credit
Card through the WebSite - Credit Card
Verification in Real Time - Invoice Printout from
the WebSite - (if digital content) Delivery from
the WebSite - Costs Deducted from Customers
Credit Card Account, Credited to Sellers
Merchant Account
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E-Commerce for Digital Content
Industry Opportunities and Obstacles in Vietnam