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Vietnam urged to devise suitable policies for cross-border e-commerce

Vietnam needs to devise appropriate policies, especially those related to customs, to develop e-commerce across the border sustainably, heard a seminar held by Customs Magazine in Ho Chi Minh City on August 11.
Vietnam urged to devise suitable policies for cross-border e-commerce ảnh 1Some speakers at the seminar in HCM City on August 11. (Photo: VNA)

HCMCity (VNA) – Vietnam needs to devise appropriate policies, especiallythose related to customs, to develop e-commerce across the border sustainably,heard a seminar held by Customs Magazine in Ho Chi Minh City on August 11.

Editor-in-Chiefof the Customs Magazine Vu Thi Anh Hong said cross-border e-commerce still poses challengesfor businesses, including issues related to legal matters, transport management, customs policies and procedures, taxation, and international tradepolicies.

Nguyen Bac Hai, Deputy Director of the Customs Supervisionand Management Department under the General Department of Customs, said despitethe strong growth of e-commerce, Vietnam has yet to issue specific regulationsregarding management policies and customs procedures for goods traded throughe-commerce.

Vice President of the Guangdong Chamber of Commerce ofImporters and Exporters in China Robbin Hou said Vietnam is the fastest-growinge-commerce country in Southeast Asia. To foster its growth, improvements areneeded in the speed of logistics delivery, the development of e-commerceplatforms, active training of local human resources, and the acceleration ofbuilding new e-commerce models.

Delegates at the event suggested completingthe Government's decree regarding customs management for e-commerce exports andimports as a foundation to fine-tune customs policies.

A survey conducted by the Vietnam E-commerceAssociation (VECOM) revealed that e-commerce is growing 25% annually and is valued at over 20 billion USD. This growth rate is expected to be sustainedduring the 2023-2025 period./.

VNA
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