Shopping app Temu has been forced to suspend its services in Vietnam after failing to register with the Ministry of Industry and Trade by the end-of-November deadline. State media also reported that Shein, another e-commerce platform, had its Vietnamese website temporarily unavailable while it works to register with the ministry.
HANOI, Vietnam — Shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday.Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, after the company missed an end-of-November deadline to register with the ministry of industry and trade.It was not clear when or if Temu , which is owned by Chinese e-commerce giant PDD Holdings, would be able to resume business.
The announcement comes after the ministry raised concerns in October over the stunningly low prices on the online marketplace and their impact on Vietnamese producers.A spokesperson for Temu told AFP that they were working with Vietnamese authorities to register their business.'We have submitted all required documents for the registration,' the spokesperson said.Temu has sucked in consumers across the world with its low prices and all-powerful algorithms.
TEMU SHEIN VIETNAM E-COMMERCE REGISTRATION
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