Cross-border e-commerce: game changer to help local traders boost exports - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update:
May, 11/2021 - 11:13
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HÀ NỘI — With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game-changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing the risk of disruption caused by an unprecedented crisis like COVID-19.
Việt Nam is among countries with the world’s fastest-growing e-commerce, said Lại Việt Anh, deputy director of the Vietnam e-Commerce and Digital Economy Agency (IDEA). Last year, local e-commerce revenue grew 18 per cent to reach US$11.8 billion, accounting for 5.5 per cent of total retail sales of consumer goods and services nationwide.

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