Alibaba unveils promising export opportunities for Vietnamese SMEs
Alibaba.com recently issued a report on the overview of Vietnam’s digital transformation 2022 that unveils promising export sectors for Vietnamese small and medium-sized enterprises (SMEs).
At a cooking oil processing plant of Sao Mai Group (Photo: VNA)
Hanoi (VNA) – Alibaba.com recently issued a reporton the overview of Vietnam’s digital transformation 2022 that unveils promisingexport sectors for Vietnamese small and medium-sized enterprises (SMEs).
Accordingly, promising export opportunities in three fields thatthe Vietnamese SMEs should grasp to expand their business operations on Alibabaplatform include farm produce, personal care and beauty products, and housingand gardening.
In farm produce, cooking oil should be the top priority withover 300 consumers each day and over 250,000 products in need of supply. India,Lebanon, Indonesia, the US and China are the top consumers. Seeds and nuts,which are popular in India, Russia, Italy and Arabia, come second with around200 clients and more than 3,700 products are needed per day. Coming next areseedlings and plant tubers attracting over 200 consumers each day. More than6,000 products need to be supplied as requested by the Philippines, Pakistan,the US, Brazil and India.
In personal care and beauty products, the most consumed are hairextensions and wigs with over 3,500 active users on average each day and over500,000 products in need of supply. It was followed by skin care products andtools with over 400,000 being sold each day and more than 1,000 active buyers.About 1,500 sellers are waiting to be approved by the platform and roughly 400,000products will be put up for sale in this category. Make-up products and toolsare the third biggest earner.
Tableware and kitchen utensils are the best sellers in housingand gardening category, mostly sought by the US, the UK, the Philippines,Brazil and Russia. Products for pet and gardening tools rank second and third,respectively, in terms of revenue.
🐻 The report also highlighted sectors that witnessed strong growthduring and after COVID-19 pandemic, including energy, metallurgy, mining,stationery and pharmaceuticals, office equipment, up 31 percent./.
The Vietnam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, signed a memorandum of understanding (MoU) on supporting Vietnamese firms to boost online export and organised an international e-commerce conference in Hanoi on March 16.
Alibaba.com, the global business-to-business (B2B) e-commerce platform of Alibaba Group has organised an online summit to offer Vietnam 'The New Boom' products and services to accelerate Vietnamese SMEs in digitalisation.
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At a cooking oil processing plant of Sao Mai Group (Photo: VNA) 
