Business

Workshop on mobile e-commerce development

A workshop was organised in Hanoi on March 18 to look at prospects of mobile e-commerce in 2015.
A workshop was organised in Hanoi on March 18 to look at prospects of mobile e-commerce in 2015.

The event, co-hosted by the Vietnam e-Commerce and InformationTechnology Agency under the Ministry of Industry and Trade and theVietnam e-Commerce Association, was also designed to connect ministriesand sectors in management of activities in the field.

Deputy Minister of Industry and Trade Tran Tuan Anh highlighted thepotential for developing mobile e-commerce in the domestic market,saying Vietnam’s rate of smart phone and internet users is still belowthe average Asian rate, leaving much room for the service to expand.

Mobile e-commerce plays a significant part ine-commerce, as seen in the Republic of Korea and Japan where itconstitutes nearly 50 percent of the total e-commerce revenue. Chinareported a 91 percent growth in mobile e-commerce last year, accordingto the Deputy Minister.

Mobile e-commerce hasgrown quickly in Vietnam with outstanding and highly applicable softwarefor transportation and online shopping and paying, among others.

According to the e-commerce agency's report, revenue frombusiness-to-customer e-commerce in Vietnam was estimated at 2.97 billionUSD last year, up 35 percent year on year and accounting for 2.12percent of the country's gross sales of retail goods.-VNA
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