Local e-commerce needs support to take on bigger foreign players Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
25/07/2021 06:25 GMT+7
Policies are needed to support local e-commerce platforms and counter the might of cashed-up international e-commerce giants entering the Vietnamese e-commerce market, says chairman of Nextech, Nguyen Hoa Binh, who owned chodientu.vn.
The e-commerce market of Viet Nam is seeing the rapid expansion of foreign-invested platforms while domestic online markets find it difficult to compete. Photo ictnews.vietnamnet.vn
“When foreign enterprises with huge resources flood in, it is difficult for domestic enterprises to compete and domestic enterprises can soon run out of steam,” he said.
VIETNAM BUSINESS NEWS MAY 14 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
14/05/2021 09:58 GMT+7
New container terminals to be built in Hai Phong
A project building container terminals No 3 and 4 at the Hai Phong International Gateway Port in the Lach Huyen Port area was launched in the northern port city on May 12.
With a total length of 750 metres and a width of 50 metres, the two terminals will be able to berth 160 TEU (3,000 DWT) vessels. The project’s total area is 47 ha.
Approved by the Prime Minister on January 9, 2019, the project is scheduled to be totally completed in 2024, one year earlier than planned.
VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
11/05/2021 14:09 GMT+7
Vietnam would continue to be world’s second largest rice exporter: US department
The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year.
According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year.
It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes.
Cross-border e-commerce: Game changer to help local traders boost exports 15:52 | 10/05/2021
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 risk of disruption caused by an unprecedented crisis like COVID-19.
Illustrative photo. (Source: VNA)
Hanoi â 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 risk of disruption caused by an unprecedented crisis like COVID-19.
Vietnam is among countries with the worldâs fastest growing e-commerce, said Lai Viet Anh, deputy director of the Vietnam e-Commerce and Digital Economy Agency (IDEA). Last year, local e-commerce revenue grew 18 percent to reach 11.8 billion USD, accounting
Thursday, 09:56, 29/04/2021
Ways to facilitate Vietnam’s development of cross-border e-commerce were discussed at a workshop on exporting Vietnamese products to the world with Amazon on April 28 in Hanoi.
Loading, unloading containers at Tan Cang-Cai Mep port in Ba Ria-Vung Tau province
The workshop was held jointly by the Vietnam E-commerce and Digital Economy Agency at the Ministry of Industry and Trade, the Hanoi Department of Industry and Trade, and Amazon Global Selling.
Lai Viet Anh, deputy head of the agency, said Vietnam has the fastest cross-border e-commerce growth rate in the world.
Cross-border e-commerce continues to be an effective way for Vietnamese businesses to open their doors to global supply chains and minimise risks when traditional supply chains are disrupted or stagnant due to the COVID-19 pandemic, she added.