Stay updated with breaking news from Name Commerce Association. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A recent report on plastic wastes from e-commerce by Việt Nam E-Commerce Association pointed out that e-commerce is growing rapidly with an average annual growth rate of more than 25 per cent, resulting in an increase in the use of plastic packaging which are negatively affecting the environment.
The activity comes as part of the new US-Việt Nam Comprehensive Strategic Partnership announced during US President Joseph Biden’s visit to Việt Nam at the invitation of the Party leader Nguyễn Phú Trọng last month.
Consumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Việt Nam.
Vecom estimated that last year, the retail e-commerce transaction scale comprised about 8.5 per cent of the total retail sales of consumer goods and services of VNĐ5,680 trillion ($240.5 billion).
Many small and medium-sized enterprises plan to increase cross-border trade for their products via e-commerce platforms