Business

Seminar helps boost Vietnam - India e-commerce cooperation

The seminar, titled “Vietnam - India Collaboration in Cross-border E-commerce,” looked into both opportunities and challenges for Vietnam-India e-commerce cooperation.

Do Quoc Hung, Deputy Director of the Department of Foreign Market Development under the Ministry of Industry and Trade, delivers an opening remarks at the seminar. (Photo: VNA)
Do Quoc Hung, Deputy Director of the Department of Foreign Market Development under the Ministry of Industry and Trade, delivers an opening remarks at the seminar. (Photo: VNA)

New Delhi (VNA) – Vietnam and India have taken a significant step forward in strengthening cross-border e-commerce cooperation through a seminar held in Noida city, India, on April 1 with the participation of nearly 100 business representatives and experts from both nations.

The seminar, titled “Vietnam - India Collaboration on Cross-border E-commerce,” was jointly organised by the E-commerce and Digital Economy Agency under the Vietnamese Ministry of Industry and Trade, the Vietnam Trade Office in India, and several prominent Indian trade and industry organisations.

seminar.jpg
Vietnamese Trade Counselor in India Bui Trung Thuong speaks at the event. (Photo: VNA)

Vietnam’s e-commerce market is witnessing impressive growth, exceeding 25 billion USD in 2024 and it is expected to reach 40 billion USD in the next five years, heard the seminar. Meanwhile, India’s e-commerce sector is projected to surpass 200 billion USD, solidifying its status as an e-commerce powerhouse in Asia.

Gaurav Gupta, Founder President of the Global Trade and Technology Council of India (GTTCI), highlighted the pivotal role of Indian technology in fostering e-commerce collaboration with Vietnam, pointing to initiatives such as Digital India and Make in India as strong pillars for this partnership.

Participating experts looked into both opportunities and challenges for Vietnam-India e-commerce cooperation. Apart from accessing expansive markets and lowering transaction costs, businesses must overcome legal, tariff, and shipping barriers, they said./.

VNA
#India #cross-border e-commerce #shipping barriers India
Follow VietnamPlus

Digital transformation

Post-pandemic recovery

Related News

An overview of the B2B session at the Vietnam – India business meeting (Photo: VNA)

Vietnam, India strengthen business ties to boost trade

The business meeting provided a valuable opportunity for direct engagement, allowing participants to gain deeper insights into the Vietnamese and Indian markets and laying the groundwork for sustainable trade expansion.

A Vietjet executive performs the ribbon-cutting ceremony for the Ho Chi Minh City - Bengaluru route launch. (Photo: baodautu.vn)

Vietnam’s leading airlines to open new routes to India

Vietnam's national flag carrier Vietnam Airlines plans to launch direct flights from Hanoi to Bengaluru and Hyderabad starting in May, while private carrier Vietjet has already commenced services connecting Ho Chi Minh City to these two major Indian hubs on March 18.

An overview of the meeting between National Assembly Vice Chairman Nguyen Duc Hai and representatives from the Standing Committee on Finance under the Indian Lok Sabha (Photo: VNA)

Vietnam seeks to enhance financial, cultural collaboration with India

Both sides also exchanged experience on digital transformation in the operations of the parliament, aiming to build a digital parliament; and agreed to prioritise the allocation of resources and personnel to implement signed cooperation projects between the two legislative bodies.

See more

Visitors at the exhibition (Photo: VNA)

Vietnam Expo 2025 opens, spotlighting digital transformation, innovation

This year’s edition, themed “Step together in a digitised world,” has attracted around 400 businesses from 18 countries and territories, with over 500 booths. Alongside traditional networking, it introduces online business-to-business (B2B) matching, enabling year-round connections.

Prime Minister Pham Minh Chinh speaks at the second meeting of the National Steering Committee for building the private economic sector development project (Photo: VNA)

Private sector encouraged to join major national programmes, projects

It must fully unleash the productive capacity and resources of the country through the private sector; mobilise all private resources for national development; harness the effectiveness of internal forces, including human, natural resources, history, and culture, while effectively combining them with external resources such as capital, technology, human resources, and management experience, he said.

At the annual Vietnam-Cambodia business dialogue in Phnom Penh on April 4 (Photo: VNA)

Annual Vietnam-Cambodia business dialogue held in Cambodia

The annual business dialogue in Cambodia attracted around 150 delegates, including Vietnamese businesses and Vietnamese-origin companies operating in Cambodia across various sectors such as finance, banking, insurance, telecommunications, agriculture, construction, interior design, food services, transportation, logistics, trade, healthcare, and tourism.

Rice is one of Vietnam's exports to Cuba. (Photo: VNA)

Vietnam-Cuba Business Forum held in Hanoi

Addressing the event, Cuban Ambassador Rogelio Polanco Fuentes affirmed that Cuba will always stand alongside the Vietnamese Government and business community in their efforts to achieve the challenging target socio-economic goals.

The private sector is expected to make breakthroughs for national development. (Photo: VNA)

Party official anticipates breakthroughs in private economic sector

With the Politburo set to issue a dedicated resolution on the private economic sector, there should be a reformed approach to action plans, according to Secretary of the Party Central Committee and head of Head of its Commission for Policies and Strategies Tran Luu Quang.

NCSoft and VNGGames sign a cooperation agreement to develop products in Southeast Asia. (Photo: VNG)

More RoK’s game developers target Vietnam

Over half of Vietnam's nearly 100 million population being gamers and the country's competitive labour costs are among reasons for Korean gaming firms' expanding presence in Vietnam.

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.