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Economics

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Opportunities for e-commerce

According to statistics, the total revenue of e-commerce companies (e-commerce) in Vietnam in 2018 increased nearly 30% compared to 2017. With this result, Vietnam rose to 6th in 10 markets. The world's largest e-commerce school, second only to China, America, Britain, Japan and Germany. By 2020, it is expected that in Vietnam, about 30% of the population will participate in online shopping.

Most recently, Amazon's billionaire Jeff Bezos (USA) has joined hands with the Vietnam E-Commerce Association (VECOM) to support retailers with sales programs on Amazon Global Selling. Accordingly, the two sides will organize advanced training classes, online support for businesses in 6 months to be able to put goods on Amazon shelves. With Amazon's special interest, it shows that Vietnam's e-commerce potential is huge

Not beyond the trend, in recent years, the e-commerce industry in Binh Duong also has rapid growth steps (averaging over 20% / year). Currently, many young people in Binh Duong are used to buying and selling online products from domestic and foreign service providers. Domestic buying and selling sites such as General Buy, Sendo, Shoppee ... until foreign sites like Amazon, Alibba ... are not far away from consumers in the province.

By 2020, Binh Duong will have 30% of enterprises dealing in goods and online payment through e-commerce applications and mobile devices, 50% of enterprises apply specialized software to distribute production and business development. In order to achieve this goal, the province and related agencies are actively investing in infrastructure for e-commerce development, such as supporting the construction of websites for businesses, encouraging the development of supporting industries for e-commerce industry.

Reported by Hoang Phong – Translated by Vi Bao

Tags: e-commerce

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