Vietnam is among the top performers globally and regionally, with e-commerce growth ranking in the top 10 worldwide and the value of this market reached 20.5 billion USD in 2023, and is forecast to hit 45 billion USD by 2025.
Amazon Global Selling Vietnam and the Vietnam E-commerce Association (VECOM) on June 27 organised a cross-border e-commerce forum to provide updates on policy directions, sketch out solutions to expand Vietnam’s online exports, and promote global operation for Vietnamese companies in the coming time.
Cross-border e-commerce, which is expected to generate 7.4 trillion USD in 2025, is seen as an effective solution to help enterprises expand their export markets, heard a conference held by the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade, and Amazon Global Selling Vietnam (AGS VN) in Hanoi on May 22.
As more and more Vietnamese businesses are using international e-commerce platforms such as Amazon, eBay and Alibaba to expand market, experts have advised domestic firms to pay greater attention to the protection of trademark in the cyberspace, especially during online exporting activities.
The Vietnam e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade and Amazon Global Selling Vietnam on June 8 launched a cross-border e-commerce initiative in the breakthrough era.
The Enterprise Development Agency under the Ministry of Planning and Investment in coordination with Amazon Global Selling Vietnam on September 9 held a webinar to launch a programme for firms interested in export via e-commerce.
Some special cooperation programmes are being carried out by the Ministry of Planning and Investment (MPI) with a view to helping Vietnamese enterprises boost exports via e-commerce giant Amazon.
Boosting exports to the US market via e-commerce platforms like Amazon is effective in the context of the extensive business quagmire caused by the COVID-19 pandemic, according to insiders.
Boosting export via giant retail platform like Amazon will enable small- and medium-sized enterprises to access world market at the lowest cost, experts said at a seminar held in Ho Chi Minh City on July 19.
