Hanoi (VNA) – 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.
On this occasion, VECOM launched its Vietnam Online Export Support Alliance which brings together industrial service providers, logistics companies and technology partners who are expected to support Vietnamese small-and medium-sized enterprises in digital transformation and optimising opportunities for online exports.
Speaking at the forum, VECOM Vice Chairman Bui Trung Kien said in the context of intensive and extensive globalisation and international integration, e-commerce has become an indispensable part of business strategies of Vietnamese companies, adding the application of modern e-commerce platforms helps them access international markets quickly and effectively, improve their competitiveness and develop sustainably.
Gijae Seong, Managing Director of Amazon Global Selling Vietnam, pointed to great potential for Vietnam's cross-border e-commerce, saying Amazon is part of the transformation of the country's exports and domestic businesses.
Through the forum, Amazon strives to promote an environment that nurtures innovation and empowers businesses, thereby contributing to enhancing the global position of Vietnamese goods and brands and the Southeast Asian nation's foreign trade.
According to AccessPartnership’s report “Local sellers, Global consumers 2022: Capturing the e-commerce export opportunity in Vietnam”, micro, small, and medium enterprises (MSMEs) in Vietnam are in a prime position to reap significant benefits from the rapid growth of the e-commerce sector. Vietnam can witness a substantial surge in B2C e-commerce export revenues, reaching 296.3 trillion VND (13 billion USD) by 2027.
In addition, Amazon data shows that Vietnamese businesses have expanded their international business scope with the number of products exported and sold on Amazon increasing by 300% in the past five years./.
