Vietnam’s capital city of Hanoi will strive to take the lead in e-commerce nationwide, considering it an important task in economic growth this year, Acting Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan has said.

Masan Group Corporation and a consortium, including Chinese e-commerce giant Alibaba Group and Baring Private Equity Asia, on May 18 announced the signing of definitive agreements for the acquisition of a 5.5% stake in The CrownX for a cash consideration of US$400 million.

With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing risk of disruption caused by an unprecedented crisis like COVID-19.

Vietnam posted solid export performance in the first quarter of 2021, and at such a growth speed, its export turnover is likely to hit US$600 billion for the whole year, experts have said.

Alibaba.com, the global business-to-business (B2B) e-commerce platform of Alibaba Group has organised an online summit to offer Vietnam 'The New Boom' products and services to accelerate Vietnamese SMEs in digitalisation.

VOV.VN - The Hai Duong Department of Agriculture and Rural Development are co-operating alongside the Vietnam Trade Promotion Agency in order to conduct procedures aimed at bringing Hai Duong lychees to four e-commerce platforms, including Alibaba. com, Voso.vn, Sendo.vn, and Lazada.vn.

VOV.VN - As many as 14 free trade agreements (FTAs) have come into force since the beginning of this year, a factor which has enabled the country to establish links with 52 partners, including leading trading partners.

Ways to facilitate Vietnam’s development of cross-border e-commerce were discussed at a workshop on exporting Vietnamese products to the world with Amazon on April 28 in Hanoi.

The Vietnam Grand Sale 2021 will take place nationwide from July 1 to 31, with discounts of up to 100%, heard a press conference in Hanoi on April 28.

Ho Chi Minh City aims to develop mobile commerce and expand e-commerce coverage in domestic markets until 2030, focusing on high quality platforms and co-operation between platforms and businesses.