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Continuing to take advantage of EVFTA s effectiveness
Wednesday, 2021-03-31 17:34:31
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Workers of the Nam Tiep Joint Stock Company, in An Xa Industrial Cluster, Nam Dinh city, Nam Dinh Province, sew clothes for export to Russia, EU and the US. (Photo: NAM ANH)
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NDO – Impressive figures on export growth to the EU market show that Vietnamese enterprises have initially approached and take advantage of opportunities arising from the EU-Vietnam Free Trade Agreement (EVFTA). However, this agreement is not the universal key for Vietnamese goods to be increasingly exported to this high potential but very difficult market. In order to continue to effectively implement EVFTA, Government, ministries, branches and especially the business community still have a lot of work to do.
HANOI (Vietnam/ANN): The Ministry of Industry and Trade (MoIT) plans to accelerate the implementation of the national e-commerce development master plan of 2021-25 to keep up with the growth of digital trading activities.
Head of the MoIT s E-Commerce and Digital Economy Department Đặng Hoàng Hải said: “By 2020,53 per cent of the population participated in online shopping.”
“Despite the impact of the Covid-19 pandemic, local e-commerce revenue grew 18 per cent, reaching US$11.8 billion, accounting for 5.5 per cent of total retail sales, consumer goods and services nationwide, he added.
The MoIT representative said with the support of electronic payments it would focus on developing e-commerce infrastructure, building and perfecting institutions and legal framework for e-commerce, creating a transparent and favourable legal environment for businesses and consumers in Việt Nam.
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E-commerce expected to grow this year in Vietnam
Wed, 27 January 2021
Vietnam s Ministry of Industry and Trade plans to accelerate the implementation of the national e-commerce development master plan for 2021-2025 to keep up with the growth of digital trading activities.
Head of the ministry’s E-Commerce and Digital Economy Department Dang Hoang Hai said: “By 2020, 53 per cent of the population participated in online shopping.
“Despite the impact of the Covid-19 pandemic, local e-commerce revenue grew 18 per cent, reaching $11.8 billion, accounting for 5.5 per cent of total retail sales, consumer goods and services nationwide.”
The ministry representative said with the support of electronic payments it would focus on developing e-commerce infrastructure, building and perfecting institutions and legal framework for e-commerce, creating a transparent and favourable legal environment for businesses and consumers in Vietnam.