VOV.VN - The country will change from outsourcing and assembling information communications and technlogy (ICT) products and services to designing and producing "Made in Vietnam" products, according to Deputy Minister of Information and Communications Pham Anh Tuan.

Despite market gyrations, Southeast Asia and Vietnam especially remain on the radar of high-calibre foreign investors.

Regional Manager for Asia-Pacific of the Austrian Chamber of Commerce (WKO) Johannes Brunner has expressed his impression on Vietnam’s development, especially its positive economic growth in the first eight months of this year despite the impacts of COVID-19 pandemic.

Grab and MoMo are veterans in their core business fields, but they are the newcomers in the e-commerce market.

Retailers in Ho Chi Minh City have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.

Ho Chi Minh City’s Department of Industry and Trade has unveiled a project to promote exports over the next five years.

Online shopping and electronic payments in Vietnam have become more common in recent years as more of the country's population gains access to the internet.

Nearly 45 million Vietnamese people now access online shopping, a forum on domestic consumption trends on August 20 in Hanoi heard.

Vietnam’s B2C e-commerce revenue rose by 25 percent to 10.08 billion USD in 2019, according to the e-Commerce White Book 2020 released by the Ministry of Industry and Trade (MoIT)’s e-Commerce and Digital Economy Agency (iDEA).

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce.