Vietnam urged to devise suitable policies for cross-border e-commerce
Vietnam needs to devise appropriate policies, especially those related to customs, to develop e-commerce across the border sustainably, heard a seminar held by Customs Magazine in Ho Chi Minh City on August 11.
Some speakers at the seminar in HCM City on August 11. (Photo: VNA)
HCMCity (VNA) – Vietnam needs to devi🎃se appropriate policies, especiallythose related to customs, to develop 🅠e-commerce across the border sustainably,heard a seminar held by Customs Magazine in Ho Chi Minh City on August 11.
Editor-in-Chiefof the Customs Magazine Vu Thi Anh Hong said cross-border e-commerce still poses challengesfor businesses, including issues related to legal matters, transport management, customs policies and procedures, taxation, and international tradepolicies. Nguyen Bac Hai, Deputy Director of the Customs Supervisionand Management Department under the General Department of Customs, said despitethe strong growth of e-commerce, Vietnam has yet to issue specific regulationsregarding management policies and customs procedures for goods traded throughe-commerce. Vice President of the Guangdong Chamber of Commerce ofImporters and Exporters in China Robbin Hou said Vietnam is the fastest-growinge-commerce country in Southeast Asia. To foster its growth, improvements areneeded in the speed of logistics delivery, the development of e-commerceplatforms, active training of local human resources, and the acceleration ofbuilding new e-commerce models. Delegates at the event suggested completingthe Government's decree regarding customs management for e-commerce exports andimports as a foundation to fine-tune customs policies. A survey conducted by the Vietnam E-commerceAssociation (VECOM) revealed that e-commerce is growing 25% annually and is valued at over 20 billion USD. This growth rate is expected to be sustainedduring the 2023-2025 period./.
Local e-commerce floors in the 63 provinces and cities in Vietnam will connect with one another through a national integrated e-commerce floor, according to the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade.
The Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT), in coordination with Amazon Global Selling and Hanoi's Department of Industry and Trade, on August 10 organised a workshop to discuss measures to support local enterprises export through e-commerce.
Small- and medium-sized enterprises (SMEs) in Vietnam need to understand more about development trends and legal regulations related to e-commerce activities, and proactively tap cross-border e-commerce opportunities brought by new generation free trade agreements (FTAs), said insiders.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Some speakers at the seminar in HCM City on August 11. (Photo: VNA) 
