Business

Vietnam Online Business Forum tackles sustainability in e-commerce

The Vietnam Online Business Forum 2024, themed “Sustainable E-Commerce”, kicked off in Hanoi on April 25.
Vietnam Online Business Forum tackles sustainability in e-commerce ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The Vietnam Online Business Forum 2024,themed “Sustainable E-Commerce”, kicked off in Hanoi on April 25.

The annual event, held by the VietnamE-Commerce Association (VECOM), aimed to provide a comprehensive overview ofe-commerce in the past year and shed light on the latest technology trends impactingthe industry through a market research on smart consumer behavior and overviewof the 2024 e-commerce market and its prominent trends.

Speaking at the event, Director of the VietnamE-commerce and Digital Economy Agency under the Ministry of Industry and Trade Le Hoang Oanh said e-commerce hasexperienced the most robust growth in the past decade, with an annual growthrate of 16-30%.

According to the White Book on VietnameseE-Business 2023, retail e-commerce revenue increased by 25% year on year to 20.5 billion USD in 2023. However, it represented only 8% of the totalretail sales of goods and consumer services in the country, much lower than the global average of 90.4%.

The forum delved into trends forVietnam to leverage sustainable practices in its e-commerce sector, develop human resourcesto strengthen consumer rights protection and narrow the gap in e-commercedevelopment.

Attendees also explored solutions to creating a greener andmore sustainable e-commerce environment.

Market research on consumerbehavior trends in e-commerce, handbooks for e-commerce growth, optimisingaffiliate and key opinion consumer (KOC) marketing campaigns to acceleratesales, and the application of AI technology were among the many prominenttopics discussed at the forum.

The event also featured a roundtable discussionwith experts to share views on lingering issues in the field of sustainablee-commerce./.

VNA
#Vietnam Online Business Forum 2024 #Vietnamplus #Vietnam News Agency #smart consumer behavior #sustainable e-commerce Vietnam
Follow VietnamPlus

Related News

Wood, furniture firms advised to take advantage of e-commerce

Wood, furniture firms advised to take advantage of e-commerce

To increase brand recognition and to access more customers, Vietnamese wood, furniture, and handicraft businesses need to consider and invest systematically in online sales activities, diversifying sales channels in their business strategies, Vice Chairwoman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Duong Minh Tue has said.

See more

Prime Minister Pham Minh Chinh chairs the meeting (VNA)

PM urges proactive engagement with US on trade talks

Trade negotiations with the US must be calm, consistent, and flexible, aiming to protect national sovereignty, security, and interests, while upholding international commitments and pursuing “balanced interests, shared risks," said Prime Minister Pham Minh Chinh.

Fisshing vessels in Quang Binh province (Photo: VNA)

Vietnam races against time to have EC’s "yellow card" lifted before Sept. 15

The Ministry of Agriculture and Environment particularly focused on resolving all EC concerns before September 15, the deadline for submitting a progress report to the commission, as well as ensuring thorough preparations for the fifth inspection so as to secure the removal of the “yellow card” warning.

Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)

Investment in AI in Vietnam increases eightfold

Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

The talks between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Cambodian Minister of Commerce Cham Nimul on April 28 (Photo: VNA)

Vietnam, Cambodia seek ways to bolster economic, trade ties

Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

President of Vietnam Luong Cuong (10th from left), Party General Secretary and President of Laos Thongloun Sisoulith (ninth from left), and officials of the two countries at the inauguration ceremony of Wharf No. 3 of Lao - Viet International Port on April 28 (Photo: VNA)

New wharf at Lao - Viet Int’l Port inaugurated

The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.

Vietnamese Ambassador to Brazil Bui Van Nghi (centre), who is concurrently in charge of Peru pays a courtesy visit to Peru's Deputy Foreign Minister Felix Denegri Boza. (Photo published by VNA)

Vietnam, Peru step up economic and trade cooperation

Peru is currently Vietnam’s sixth-largest trading partner in Latin America. However, the trade value, standing at 518 million USD, remains modest compared to the potential and real demand between the two complementary economies.

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi on April 28. (Photo: VNA)

Deputy PM vows optimal conditions for firms to expand investment in int’l financial centres

Speaking at a meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi, Binh said that the Government of Vietnam is committed to always accompanying businesses, creating the most favourable conditions for enterprises to expand their investment in international financial centres in Vietnam as well as invest in other ecosystems that they are interested in.

Tunisia’s demand for imported goods remains high, especially for essential commodities such as raw coffee, rice, and sugar. Illustrative image (Photo: VNA)

Vietnam, Tunisia boost economic and trade cooperation

In 2024, trade between Vietnam and Tunisia reached 267 million USD, almost tripling the figure recorded in 2023. Vietnam’s main exports to Tunisia included footwear, raw coffee, pepper, cashew nuts, seafood, and machinery, while Vietnam imported seafood, dates, chemicals, and animal feed materials from Tunisia.

Local carmaker Kim Long Motor company and Korean Daon Mobility ink an agreement on exporting the local brand bus into the Korean market. Photo courtesy of Kim Long Motor (

Local carmaker to export buses to RoK

It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.

Tourists from Tashkent to Da Nang (Photo: VNA)

Da Nang launches direct air route to Uzbekistan

Nguyen Thi Phuong, President of Prestige DMC Vietnam, noted that the charter service from Tashkent to Da Nang is being operated through a partnership between Prestige DMC Vietnam, Red Island Company, Centrium-Air Airways, and Prestige Travel Uzbekistan.