Vietnam customs and USABC cooperate for trade facilitation
Both sides expected to cooperate in the distribution of potential Covid-19 vaccines in the coming time.
Both sides expected to cooperate in the distribution of potential Covid-19 vaccines in the coming time.
The local goverment expects 55% of its population to get involved in e-commerce by 2025 and the percentage is set to grow by two percentage points per year.
Using e-invoices would help contribute to the development of e-commerce, and keep a healthy and fair business environment, stated a senior tax official.
By 2025, the trade ministry targets around 45% of small and medium enterprises of Vietnam taking part in e-commerce.
Hanoi aims to have 100% of enterprises using e-invoices before September 30, 2020.
Up to 90% of online shoppers in Vietnam still prefer cash payment over online transactions, mainly due to security concern and a preference to check product quality before paying.
Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years.
The Vietnamese e-commerce industry has experienced a lot of sudden changes due to the influence of Covid-19, according to a latest report by iPrice Group.
Demand from sales manager and marketing manager in FMCG increased in the first quarter of 2020.
The demand on online shopping in Vietnam is increasing, bringing positive results to e-commerce platforms in Vietnam.