Exports of around 87% of businesses in Asia-Pacific region were stable or grew last year, which generated revenue for them, according to a research conducted by market research company, Harris Interactive, a representative of FedEx Express, and a subsidiary of FedEx Corp.
Entitled “Global is the New Local: The Changing International Trade Patterns of Small Businesses in Asia Pacific”, the research shows that 8 out of 10 small Vietnamese businesses (80%) have exported products to markets beyond the Asia-Pacific region, higher than the average level of 71% of the Asia-Pacific Economic Cooperation (APEC).
Around 57% of 4,543 surveyed senior executives of small-and medium-sized enterprises (SMEs) of Vietnam in nine Asia-Pacific markets believed that exports of their businesses will continue to grow in markets outside the Asia-Pacific region such as the US, India and Germany.
According to an independent report conducted by Harris Interactive, strong development of the digital economy is one of important factors driving business growth of SMEs in the region.
In reality, around 73% of Vietnamese SMEs are optimistic about the benefits brought about by the digital economy. The rate is higher than that of the general businesses (around 57%). Nine out of ten Vietnamese SMEs are applying e-commerce, e-mobile and commercial social networks. 76% businesses hope that these channels will continue to increase in the coming time.
The report also shows that the Vietnamese SMEs community has a positive outlook on export prospects in the next 12 months. They forecast that exports beyond Asia-Pacific will obtain higher turnover.
VOV
