30 Vietnamese companies sells goods on Amazon in 2019

Thirty Vietnamese enterprises have sold goods on Amazon, reported the Vietnam Trade Promotion Agency (Vietrade).
30 Vietnamese companies sells goods on Amazon in 2019 ảnh 1Thirty Vietnamese enterprises have sold goods on Amazon. (Source: AFP)

Hanoi (VNS/VNA) -Thirty Vietnamese enterprises have sold goods on Amazon, reported the VietnamTrade Promotion Agency (Vietrade).

To help Vietnamese businesses,especially small and medium-sized enterprises, boost exports via e-commerce,the agency works with Amazon Global Selling to implement the export promotionprogramme.

The agency and Amazon selected105 businesses to participate in the programme last year.

These businesses have beenguided on creating accounts, advertising products and developing brands onAmazon's platform.

They were also giveninformation on markets and export processes for the US.

Currently, 83 Vietnamesebusinesses have accounts on Amazon, of which 30 have sold goods with trademarksof Vietnamese businesses.

Vietrade launched a nationalprogramme on trade promotion last year to help enterprises expand exportmarkets and develop domestic markets.

The agency has used theallocated funds for the programme to support more than 10,000 businesses andattract 1.5 million to events under the programme and shop including nearly100,000 commercial transactions.

Businesses traded and signedcontracts during trade promotion activities with a total value of nearly 5billion USD.

Direct sales at regional fairsreached nearly 200 billion VND (8.6 million USD).

Last year, Vietrade also signedseven memorandums of understanding with foreign trade promotion organisationsand helped Vietnamese business delegations participate in 14 big prestigiousfairs and exhibitions at home and abroad.

It also organised 11 Vietnamesetrade delegations at markets of the US, Russia, Eurasian Economic Union (EAEU),Japan, China, Romania, Bulgaria, Hungary and Czech Republic.

The agency hopes to continueinnovating and improving the quality and efficiency of the national programmeon trade promotion along the value chain from product development to brandbuilding and market penetration support within this year.

The agency also said it wouldstrengthen international trade promotion activities in Vietnam by invitingimporters and international partners to come to the country to explore the market;organising international trade fairs, conferences of international commodities;and creating conditions for domestic enterprises to contact foreign importers./.
VNA

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Vietrade said the programme helped businesses gain practical market information, identify potential products and partners, and better understand requirements on quality, pricing and distribution. Such direct connections are expected to help companies adapt their products and develop more effective export strategies.