Hanoi to boost e-commerce via digital Vpostcode system
The city’s information and communications is drafting action plans for developing its digital economy.
The city’s information and communications is drafting action plans for developing its digital economy.
The Vietnamese online booth, an initiative from the Vietnam’s trade ministry to boost domestic consumption, could be a viable option for enterprises to access the market via a modern distribution channel.
In Phu Vinh village, bamboo and rattan products are the combination of ancient cultural quintessence and characteristics of a modern era.
In Vietnam’s new framework to promote digital transformation, enterprises would stay at the center of the process, while the government is responsible for gathering the required conditions to promote digital economy.
Enterprises joining the event would have chances to sell their products on e-commerce platforms such as Sendo, Tiki, Voso, among others.
E-commerce growth in Vietnam is estimated at 46% in 2020, alongside strong growth across most sectors except for travel.
E-commerce has been a spotlight of the Vietnamese economy with an average growth rate of 14% in the first three quarters of this year.
E-invoicing helps businesses save a significant chunk of expenses related to paper invoices, including printing, storing, and administrative procedure compliance cost.
During the first four months of 2020, 57% of firms operating in the e-commerce market reported a 30% year-on-year decline in revenue.
Glenn Hughes, head of LOGOS Vietnam Logistics Venture, told Hanoitimes about his company's opportunities and plan to contribute to the modernization of Vietnam's logistics property sector.