Cross-border e-commerce expansion opportunities for Vietnamese businesses
For Vietnamese companies seeking to trade internationally, the dynamism of global e-commerce offers significant opportunities.
For Vietnamese companies seeking to trade internationally, the dynamism of global e-commerce offers significant opportunities.
Furniture accounted for up to 82.9% of Vietnam’s total export turnover in wood and wood products last year, reaching nearly $8.4 billion.
The selected companies will receive in-depth technical support, consulting, training and assistance in building their business profiles on the Alibaba.com e-commerce platform to pursue cross-border e-commerce.
The implementation of the new trading system is poised to play a key role in the Vietnamese stock market's upcoming upgrade to emerging market status by 2025.
The estimated annual turnover of the illegal football betting market in Vietnam is in the tens of billions of USD.
The trade surplus contributes to macroeconomic stability, ensuring the significant balances of the economy and supporting the international payment balance.
Selling directly to foreign distribution channels offers promising prospects for Vietnamese exports.
From 2018 to 2023, the number and value of transactions through e-wallets consistently grew at double-digit rates, with annual growth rates of 80.4% and 83.5% respectively.
Exports of wood and wood products made a strong breakthrough in January, reaching $1.49 billion, a 72.5% increase over the same period in 2023.
The move would help achieve Vietnam’s net-zero emissions target by 2050.
More than 1,300 retail outlets in Hanoi were open from the first to the sixth day of the Lunar New Year, instead of remaining closed as is usually the case.
The export turnover is forecast to reach a record high of US$6.5 billion this year.
This is expected to be a year of significant volatility, with a strong recovery possibly following deep correction.
The Hanoi People's Committee has approved a project focusing on the development of export and import markets for sustainable growth.
E-commerce has gradually changed the shopping habits of Vietnamese people to keep up with the modern consumer trends worldwide.
Immediate efforts are required from the outset of the year to ensure that 2024 will be a year of accelerated and robust economic development.
Local consumers are not just looking for places to shop, but also a complete experience, including entertainment and eating out.
With good vehicle quality and services, electric buses have made many passengers willing to switch from motorcycles and cars to buses.
Vietnamese household spending is anticipated to exhibit robust growth throughout 2024, as real economic expansion resumes its more stable trajectory.
Companies should acquire the necessary trade defense knowledge and provide prompt and accurate information to investigating authorities upon request to protect their legitimate interests.
This year's trade promotion activities will be based on the principle of diversification and flexibility to expand into new export markets and make effective use of free trade agreements.