Vietnam’s capital city of Hanoi will strive to take the lead in e-commerce nationwide, considering it an important task in economic growth this year, Acting Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan has said.
Hanoi (VNA) - Vietnam’s capital city of Hanoi will strive to take the lead ine-commerce nationwide, consid✱ering it an importan🧸t task in economic growth thisyear, Acting Director of the municipal Department of Industry and Trade TranThi Phuong Lan has said.
Hanoi is now home to 330,000 enterprises, 95 percent of which are smalland medium-sized enterprises (SMEs) and account for 25-30 percent of its exports.
In recent years, the capital has ranked second nationwide in the e-commerceindex. Despite the impact of the COVID-19 pandemic, its e-commerce sector still grew 30percent last year, with over 12,350 websites and apps contributing 8 percent tototal retail sales.
To facilitate online trade, Hanoi has supported companies in technologicalapplication, cashless payments, and building websites for farm producesale.
The department also worked with the Ministry of Industry and Trade to step upt✅echnology transfer and connect firms with e-commerce sites to boost exports.
In cooperation with other departments and agencies, it has acceleratedthe construction of logistics centres and warehouse networks. Lan said the department will work to sell handicrafts from Hanoi on Amazonby providing training to local SMEs, holding seminars to help them understand proceduresand regulations, and offering advice on refreshing product lines./.
With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing risk of disruption caused by an unprecedented crisis like COVID-19.
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Illustrative image (Photo: VNA) 
