The seminar, titled “Vietnam - India Collaboration in Cross-border E-commerce,” looked into both opportunities and challenges for Vietnam-India e-commerce cooperation.
Vietnam's economic prospects for 2025 are gaining momentum, bolstered by strong export growth, a rapidly expanding digital economy, and a robust e-commerce sector, according to analytics from prominent websites.
Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.
The Ministry of Industry and Trade and the People’s Committee of the northern border province of Lang Son held a seminar on developing cross-border e-commerce on December 3.
Vietnam is among the top performers globally and regionally, with e-commerce growth ranking in the top 10 worldwide and the value of this market reached 20.5 billion USD in 2023, and is forecast to hit 45 billion USD by 2025.
Malaysia's digital economy is poised to reach 31 billion USD in gross merchandise value (GMV) in 2024, up 16% compared to last year, according to the latest e-Conomy Southeast Asia (SEA) 2024 report by Google, Temasek, and Bain & Company.
The Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade on November 26 organised the 2024 E-Commerce Connection and Development Forum themed “Cross-border e-commerce: Export opportunities for Vietnamese products”.
E-commerce in general and livestreaming in particular where buyers and sellers transact in real-time video have been growing in Vietnam with about 2.5 million sessions each month, heard a recent online meeting.
Manufacturing enterprises, including small and micro-sized businesses, can leverage e-commerce channels to directly sell goods to international consumers, increasing revenues and market presence, experts have suggested at a recent seminar on boosting Vietnam’s exports through cross-border e-commerce systems.
Cross-border e-commerce has helped increase the number of products sold by Vietnamese sellers on Amazon and their revenues have rose by tens of times over the last five years, according to Amazon Global Selling Vietnam (AGSV).
More than 200 live streamers, entrepreneurs, and representatives from cooperatives gathered at a forum on innovation and e-commerce on digital platforms in the central province of Quang Nam on May 15 as part of TechFest Quang Nam 2024, an innovation startup promotion event.
The Ministry of Industry and Trade (MoIT) will collaborate with Alibaba to increase the number of prominent businesses selected to join the Vietnam E-Pavilion to 300, providing opportunities for enterprises to access millions of consumers worldwide through Alibaba.com's extensive customer network.
Wood, furniture, and handicrafts businesses should fully tap e-commerce channels to reach more customers, and increase sales and revenue, said insiders at a workshop in Ho Chi Minh City on March 8.
The Department of Industry and Trade of Ho Chi Minh City has coordinated with several e-commerce platforms to organise a series of seminars on cross-border e-commerce and global growth opportunities for Vietnamese businesses.
A total of 39 foreign suppliers have registered tax in Vietnam via the portal //etaxvn.gdt.gov.vn/nccnn/Reques, according to the Tax Agency for Large Businesses at the General Department of Taxation.
The explosion of online shopping and the increasing numbers of internet and smartphone users have contributed to market growth in Asia-Pacific, including Vietnam.
The southern province of Ben Tre, known as Vietnam’s coconut capital, is seeking ways to support local farmers to sell coconut products amid dropping prices.
The Vietnam e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade and Amazon Global Selling Vietnam on June 8 launched a cross-border e-commerce initiative in the breakthrough era.
A seminar on technical assistance for Vietnamese female entrepreneurs engaging in cross-border e-commerce was held on January 21 within the framework of the Asia Pacific Economic Cooperation (APEC) forum.