Partnership formed to promote solutions for retail sector
The Vietnam E-commerce Association (VECOM) and the Bangkok-based Reed Tradex Co. Ltd, an exhibition organiser, have agreed to cooperate in promoting specialised workshops and events to introduce technological solutions and platforms for Vietnam’s retail and consumer sector.
Representatives of the Vietnam E-commerce Association and the Reed Tradex Co. Ltd sign a cooperation deal on July 5 (Photo: VNA)
HCMCity (VNA) – The Vietnam E-commerce Association (VECOM) and theBangkok-based Reed Tradex Co. Ltd, an exhibition organiser, have agreed tocooperate in promoting specialised workshops and events to introducetechnological solutions and platforms for Vietnam’s retail and consumer sector.
Under a deal signed in Ho Chi Minh City on July5, the two sides will jointly organise several activities at the Shop &Store Vietnam 2019, an international retail and franchise solution event,slated for March 27 - 29, 2019, at the Saigon Exhibition and Convention Centrein the southern city.
The event will be held by Reed Tradex in cooperationwith many partners to help businesses – from small retailers to small- andmedium-sized enterprises, and franchisers – to expand their business.
Suttisak Wilanan, Deputy Managing Director ofReed Tradex, said some of the notable activities in his company’s cooperationwith VECOM include specialised workshops at the OnlineBiz Vietnam 2019, whichis part of the Shop & Store Vietnam 2019 and will display advancede-commerce platforms and solutions for the retail and consumer sector.
VECOM Vice Chairman Nguyen Ngoc Dung said theircooperation in promoting workshops at the OnlineBiz Vietnam 2019 aims to meet themarket demand in Vietnam as e-commerce has been developing strongly, becomingborderless.
He noted that apart from e-commerce firms,traditional enterprises have also begun to sell their products online,including sectors with considerable potential for e-commerce business likefashion, cosmetics, and fast-moving consumer goods (FMCG).
Vietnam ranked sixth in the US-based ATKearney’s Global Retail Development Index 2017, up five places from theprevious year. E-commerce in the country is also on the rise with revenueexpected to grow by 20 percent annually between 2016 and 2020 to reach 10billion USD, accounting for 1.2 percent of total retail sales. -VNA
Logistics businesses are accelerating investment in technology to meet the rising demand for delivery of goods at home and abroad amid booming e-commerce, heard a workshop in Hanoi on April 10.
Vietnam has surpassed Thailand and Malaysia to lead Southeast Asia in terms of e-commerce growth with an annual expansion of more than 30 percent, bringing big opportunities for logistics companies.
Payments for e-commerce transactions must be made via banks or authorised payment intermediary services, according to the draft of the amended Law on Tax Management.
An e-commerce exchange of central Da Nang city, available at danangtrade.com.vn or danangtrade.gov.vn, made debut on May 9 with a view to helping local businesses introduce their products to consumers and business partners.
Hanoi has been one of the two leading localities in e-commerce for the past five years, but the trend has posed considerable risks in database, technology, transaction procedures, legal regulations and technology standards.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Representatives of the Vietnam E-commerce Association and the Reed Tradex Co. Ltd sign a cooperation deal on July 5 (Photo: VNA) 
