E-commerce has created a new tendency for production, business and export activities, and been serving as a lifebuoy for many enterprises to overcome difficulties of market fluctuations, heard a workshop on Vietnam’s e-commerce trends on March 20.
HCM City (VNA) - E-commerce has created a new tendency forproduction, business and export activities, and been serving as a lifebuoy formany enterprises to overcome difficulties of market fluctuations, heard a workshopon Vietnam’s e-commerce trends on March 20.
The workshop was organised by the Junior ChamberInternational Vietnam (JCI Vietnam) in Ho Chi Minh City.
National President of JCI Vietnam Vo Quan Duy said that theworkshop was the first event in the organisation’s Business Matching Programme2021 (BMP21) established to create a multi-dimensional support platform for JCIVietnam’s member businesses and to facilitate international trading.
According to statistics in January 2021, Vietnam’se-commerce revenue grew 18 percent in 2020, hitting 11.8 billion USD andaccounting for 5.5 percent of total retail sales of consumer goods and servicesnationwide.
Nguyen Thu Trang, Business Development Director at AtalinkTechnonoly JSC, stated that business-to-business e-commerce is a future trendand the e-commerce platform is assessed as highly effective by enterprises.
In fact, Trang went on, the number of businesses makingorders via the e-commerce trading floor increases by 6 percent compared withtraditional ones such as email or website.
Sharing the view, Nguyen Manh Tan, Marketing Directorof Haravan Technology JSC, said that there is currently a trend of shiftingtraditional retail to multi-channel retail (both offline and online) and omni-channelretail.
Omni-channel retail is a multichannel approach to sales thatfocus on providing seamless customer experience whether the client is shoppingonline from a mobile device, a laptop or in a brick-and-mortar store./.
The Digital Transformation Alliance for Small- and Medium-sized Enterprises (DTS) and the MCV Group signed a cooperation agreement on March 16 on supporting small- and medium-sized enterprises (SMEs) to promote digital transformation.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Speakers at the JCI Vietnam workshop (Photo: VNA) 
