Hanoi (VNA) –🎉 E-commerce is projected to continuethriving and creating a momentum for economic growth in 2022, according toexperts.
It also opens up chances for Vietnamese firms to build new businessstrategies and access modern distribution channels in a bid to expand marketand recover in the post-pandemic period. To facilitate e-commerce’s development, DangHoang Hai, Director of the Vietnam E-Commerce and Digital Economy Agency (IDEA)under the Ministry of Industry and Trade, said the IDEA will expand the virtualprogramme promoting Vietnamese products and arrange training on e-commerce forfirms nationwide. The agency will work to complete an e-payment system and improvequality of transport and delivery services, strengthening consumers’ trust in e-commerce in the 2022-25 period. Consumers have become familiar and favoured cashless payment over the pasttwo years, with the number of payments made via e-wallets surging 10-fold. It is noteworthy that half of Vietnam’s population are using e-commerce. Purchase volume on major online marketplaces like Tiki andLazada surged 40-100 percent on the threshold of the Tet (Lunar New Year)holiday. Experts in the field also hope for policies conducive for e-commerce’sdevelopment. They also stressed the need to reduce inconsistent and overlapping regulations stipulated bydifferent ministries and sectors./.
Vietnam Airline on January 7 officially launched its ecommerce platforms VNAMAZING and VNAMALL as well as its Vietnam Airlines Gift Card, the first of their kinds in the domestic aviation sector.
The COVID-19 pandemic, with its complicated developments, has given a boost to e-commerce, with non-cash payments accounting for 70 percent of total retail transactions in Vietnam last year.
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.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Illustrative image (Source: VNA) 
