Vietnamese enterprises are looking to sell their products online in Singapore where 73% of its population regularly shop online and make cross-border transactions.

The Ministry of Finance has asked digital-based businesses and delivery service companies to provide information about e-commerce sellers using their platforms and services so they can be taxed.

Vietnam needs to develop a proper legal framework to manage e-commerce on social networks in the context that e-commerce was booming in the country, according to the Vietnam Chamber of Commerce and Industry (VCCI).

More Vietnamese firms have successfully sealed export orders in recent times with the support of e-commerce platforms like Alibaba.com and Amazon.

E-commerce has created a new tendency for production, business and export activities, and been serving as a lifebuoy for many enterprises to overcome difficulties of market fluctuations, heard a workshop on Vietnam’s e-commerce trends on March 20.

Five Vietnamese companies have been listed in the top 10 most visited e-commerce websites in Southeast Asia despite the global pandemic affecting consumers in the region, according to the latest e-commerce report.

The Vietnam Trade Promotion Agency (Vietrade) and Alibaba.com, the global business-to-business (B2B) e-commerce platform of the Alibaba Group, signed a memorandum of understanding (MoU) on supporting Vietnamese firms to boost online export and organised an international e-commerce conference in Hanoi on March 16.

Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.

The Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) and e-commerce platform Sendo.vn are helping businesses to sell farm produce online and promote digital transformation and the application of technology in trade activities.

E-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment.