Vietnam E-commerce White book 2021 released

The Vietnam E-commerce White book 2021 was recently released by the Vietnam E-Commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade.

The White book, built from an official statistical survey in 2020 by the Ministry of Industry and Trade with samples from more than 8,000 businesses and 1,000 consumers nationwide, provides an overview of the state of e-commerce application in Vietnamese communities and businesses in 2021.

According to the IDEA, amidst the complicated developments of the Covid-19 pandemic over the past two years, Vietnam has seen positive changes in online purchasing with both consumers and firms moving online. Revenue from e-commerce activities surged in the past five years, from US$5 billion in 2016 to over US$10 billion in 2019.

The growth rate of retail e-commerce in 2020 was stable at 18%, with revenue reaching US$11.8 billion.

Vietnam has also continuously recorded strong growth in terms of its rate of internet users, the number of online shoppers and purchase value.

Statistics from the E-commerce White Book show that the rate of new internet users shopping online also increased from 77% in 2019 to 88% in 2020. In the past year, 74% of people were shopping on websites and e-commerce platforms. The value of goods purchased online also increased from US$229 in 2019 to US$240 in 2020 per person.

Strictly preventive measures done at businesses resuming production in industrial parks

(BGO) – All businesses in the industrial parks (IP) in Bac Giang province strive to resume operation from now on till the end of July. To gradually stabilize the production, the enterprises must strictly implement disease preventive measures both inside and outside the workshop.

 

Lending rates cut to help businesses overcome Covid-19

A number of commercial banks have simultaneously announced a reduction in lending interest rates for customers affected by the Covid-19 epidemic from now until the end of 2021.

 

Bac Giang secures fifth place nationwide in number of businesses registerred online

(BGO) – In the first six months, 757 new businesses, representative offices and branches registered to establish in the northern province of Bac Giang, 5.1 percent year-on-year increase, reported the provincial Department of Planning and Investment (DoPI).  

 

Bac Giang vows to not let businesses suffer damage from any Covid-19 case

(BGO) - Over the past month, a series of enterprises based outside industrial parks in Bac Giang province are focusing on restoring production and business activities. However, some businesses have not controlled the Covid-19 pandemic well, increasing the risk of coronavirus spreading.

 

Bac Giang supports businesses in recruiting workers, stabilizing production

(BGO) - Overcoming difficulties in production and business due to the impact of the Covid-19 epidemic, at this time, the operations of enterprises in Bac Giang province have been gradually recovering. However, many businesses are facing difficulties due to a shortage of human resources, especially unskilled workers.

 

Source: NDO