Today: 03/02/2023 23:34:55 (GMT+7)
THE SPECIALIZED PAGE OF BAC GIANG NEWSPAPER ONLINE

E-commerce platform helps promote exports

The Trade Promotion Agency (TPA) and Alibaba.com jointly organised a conference on March 18 to discuss the export of goods through the e-commerce platform and inaugurate the Vietnam Pavilion on Alibaba.com.

According to Deputy Minister of Industry and Trade Do Thang Hai, thanks to the partnership between the TPA and Alibaba.com since 2021, digital trade activities have been strengthened and renovated to adapt to the new situation.

E-commerce platform, promote exports, Trade Promotion Agency, Alibaba.com, Vietnam Pavilion, digital trade activities

The launch of the Vietnam Pavilion on Alibaba.com.

The MoIT highly values the role of Alibaba.com in supporting Vietnamese firms to learn knowledge and skills to conduct international trade activities, helping them promote sustainable business, he said.

He underlined that the launching of the Vietnam Pavilion on Alibaba.com is evidence of the helpful assistance, which contributes to promoting Vietnamese products' trademarks and connecting Vietnamese businesses with international customers.

VTP Director Vu Ba Phu said that the Vietnam Pavilion will be run in one year starting from this month, introducing prestigious products of Vietnamese firms.

Phu noted that over the past two years, production and business activities across the world have been seriously affected, leading to the disruption of the global supply chain and international trade. In this context, digital trade has been an effective tool, he said, adding that Alibaba.com and its partners have helped Vietnamese firms grasp business opportunities in 190 countries and territories.

For his part, Alibaba.com Deputy General Director Andrew Zheng cited statistics from the International Monetary Fund showing that global trade is expanding strongly to 28 trillion USD last year, 11 percent higher than that before the outbreak of Covid-19.

Vietnamese products such as food, beverage, beauty products, farm produce and home appliances are loved by international markets, he said, adding the majority of tariff barriers have been removed thanks to free trade agreements that the country has signed.

Meanwhile, Roger Lou, Alibaba.com Country Director in Vietnam, said that despite difficulties, some products of Vietnam have enjoyed record export values, including agricultural products and beverage. Joining global e-commerce platforms will help Vietnamese small and medium-sized enterprises to expand their scale and exploit more foreign markets, thus increasing their exports.

Tran Thi Yen Phi, CEO of DSW Services and Trading Company Ltd, said that after one year of joining the platform's initiative, her firm’s export revenue rose from 3,000 USD to 260,000 USD. She said that the firm has also received support from the Alibaba.com e-commerce ecosystem in selling and payment methods.

Vietnam Airlines launches e-commerce platform
Vietnam Airlines has launched a new e-commerce platform VNAMALL, focused on selling imported products from countries to which it operates.
 
Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report
Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.
 
E-commerce platforms bank on year’s biggest sales event
Nov. 11 has become the biggest shopping event of the year in Vietnam as e-commerce giants throw big bucks into promotions, seeking to entrench the online shopping habit among locals.
 
Vietnam’s e-commerce to expand 53% in 2021
Vietnam’s digital economy is anticipated to reach a value of US$21 billion in 2021, a year-on-year increase of 31% thanks to a 53% growth in e-commerce, according to the e-Conomy SEA 2021 report released by Google, Temasek and Bain & Company.
 
Vietnam's e-commerce forecast to surpass US$11.8 billion
Vietnamese e-commerce market is forecast to continue growing in the post-pandemic period, with revenue surpassing last year's figure, according to experts.
 

Source: NDO/VNA

E-commerce platform, promote exports, Trade Promotion Agency, Alibaba.com, Vietnam Pavilion, digital trade activities
 
New comment has just been added. Click here
Sort:NewBest News