VOV.VN - Numerous Vietnamese products were introduced to potential African partners, such as coffee, pepper, cashew nuts, macadamia nuts, coconut rice, pharmaceuticals and handicrafts at the 10th African Investment, Commerce Forum (AFIC10) held in Algiers, Algeria, on May 4 and May 5.

The Vietnam Trade Office in Algeria and the Chamber of Commerce and Industry of Algeria’s Annaba province have recently held a seminar to introduce the potential for trade and investment partnerships between the two countries.

Vietnam has emerged as one of the most promising shoppertainment markets and is expected to become an e-commerce powerhouse in Southeast Asia.

The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than VND71 trillion (US$2.79 billion), an increase of 79% over the same period last year, according to a recent report by Metric.

The Vietnam Online Business Forum 2024, themed “Sustainable E-Commerce”, kicked off in Hanoi on April 25.

To increase brand recognition and to access more customers, Vietnamese wood, furniture, and handicraft businesses need to consider and invest systematically in online sales activities, diversifying sales channels in their business strategies, Vice Chairwoman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Duong Minh Tue has said.

The postal service revenue has experienced average growth of over 20% between 2019 and 2023, which has led to fierce competition on the market, raising concerns about the emergence of unhealthy competition.

A list of 100 outstanding businesses in the "Vietnam Pavilion" on the Alibaba.com platform - a leading B2B e-commerce platform, was announced on March 6 under a cooperation programme between Alibaba.com and the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade.

The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach VND650 trillion (US$26.31 billion) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).

Vietnamese officials at a workshop in Hanoi on February 28 called on Japan to continue its support to Vietnam in protecting and enforcing intellectual property (IP) rights, making IP a driving force for economic development.