
Vietnam takes measures to tighten cross-border e-commerce
Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) has been taking measures to enhance the management of cross-border e-commerce platforms.
Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) has been taking measures to enhance the management of cross-border e-commerce platforms.
Vietnam's economic prospects for 2025 are gaining momentum, bolstered by strong export growth, a rapidly expanding digital economy, and a robust e-commerce sector, according to analytics from prominent websites.
Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.
The Ministry of Industry and Trade and the People’s Committee of the northern border province of Lang Son held a seminar on developing cross-border e-commerce on December 3.
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.
Malaysia's digital economy is poised to reach 31 billion USD in gross merchandise value (GMV) in 2024, up 16% compared to last year, according to the latest e-Conomy Southeast Asia (SEA) 2024 report by Google, Temasek, and Bain & Company.
The Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade on November 26 organised the 2024 E-Commerce Connection and Development Forum themed “Cross-border e-commerce: Export opportunities for Vietnamese products”.
E-commerce in general and livestreaming in particular where buyers and sellers transact in real-time video have been growing in Vietnam with about 2.5 million sessions each month, heard a recent online meeting.
Manufacturing enterprises, including small and micro-sized businesses, can leverage e-commerce channels to directly sell goods to international consumers, increasing revenues and market presence, experts have suggested at a recent seminar on boosting Vietnam’s exports through cross-border e-commerce systems.
A conference on promoting cross-border e-commerce and payment between Vietnam and Singapore was held in Shopee Singapore headquarters on May 30.
Cross-border e-commerce has helped increase the number of products sold by Vietnamese sellers on Amazon and their revenues have rose by tens of times over the last five years, according to Amazon Global Selling Vietnam (AGSV).
More than 200 live streamers, entrepreneurs, and representatives from cooperatives gathered at a forum on innovation and e-commerce on digital platforms in the central province of Quang Nam on May 15 as part of TechFest Quang Nam 2024, an innovation startup promotion event.
The Ministry of Industry and Trade (MoIT) will collaborate with Alibaba to increase the number of prominent businesses selected to join the Vietnam E-Pavilion to 300, providing opportunities for enterprises to access millions of consumers worldwide through Alibaba.com's extensive customer network.