There is ample room for Vietnam to boost export and direct distribution of goods in foreign retail systems, heard a conference recently held by the Vietnamese Ministry of Industry and Trade (MoIT).
Vietnam’s e-commerce is projected to continue booming in 2023 and developing firmly in the following years, aided by a series of growth drivers such as the wave of digital transformation, consumers’ trust, technological infrastructure, and favourable mechanisms and policies issued by the Government.
VOV.VN - A conference was held by the Ministry of Industry and Trade on February 3 with the aim of promoting domestic production and consumption and expanding the nation’s export markets in the year ahead.
Relevant ministries and agencies will tighten management and supervision of e-commerce to discover violations and prevent tax losses in 2023.
The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC.
Miss Linh, an e-commerce platform of Viet Nam Food Europe BV operating in the Dutch market, has presented Vietnamese eco-friendly products at Horecava 2023 in Amsterdam, the Netherlands.
Booming e-commerce in Vietnam is providing significant opportunities to promote sales while cooperatives are trying to improve the quality of their products to meet consumers' demands better.
Total State budget collection was estimated at over VND1,803 trillion (US$76.6 billion) in 2022, equivalent to 127.8% of the estimate, up 15% year on year, reported the Ministry of Finance (MoF) on January 3.
Vietnam is speeding up the development of the digital economy, considering this a "breakthrough" step to promote the country's economic growth in the context of the 4th industrial revolution.
VOV.VN - Vietnamese e-commerce revenue this year recorded an annual rise of roughly 15%, according to details given by the Vietnam E-commerce Association (Vecom).