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Cross-border e-commerce: Game changer to help local traders boost exports | Business


Illustrative photo. (Source: VNA)
Hanoi (VNA) – With borders closed and travel
restricted since early 2020,
cross-border e-commerce has proved itself as a
game changer, setting the scene for Vietnamese traders to climb up the global
supply chain and reducing risk of disruption caused by an unprecedented crisis
like COVID-19.
Vietnam is among countries with the world’s fastest
growing e-commerce, said Lai Viet Anh, deputy director of the Vietnam
e-Commerce and Digital Economy Agency (IDEA). Last year, local e-commerce
revenue grew 18 percent to reach 11.8 billion USD, accounting for 5.5 percent
of total retail sales of consumer goods and services nationwide.
Given that global ....

Han I , Republic Of , Ministry Of Planning , Statistics Office , One Commune Product , Prime Minister , General Statistics , ஹான் நான் , குடியரசு ஆஃப் , அமைச்சகம் ஆஃப் திட்டமிடல் , புள்ளிவிவரங்கள் அலுவலகம் , ஒன்று கம்யூன் ப்ராடக்ட் , ப்ரைம் அமைச்சர் , ஜநரல் புள்ளிவிவரங்கள் ,

Steel sector making rapid strides forward | Business | Vietnam+ (VietnamPlus)


A worker at a steel factory in Vietnam (Illustrative photo: VNA)
Hanoi (VNA) -
Vietnam’s steel sector has witnessed strong development
in terms of capacity, output, and products in the recent past.
Data from the
Vietnam Steel Association (VSA) shows that steel billet
output surged 40-fold to surpass 12 million tonnes in 2015 from just 300,000 tonnes
in 2000.
Meanwhile, output of finished steel products hit more than 26 million
tonnes in 2015, growing over ten-fold since 2000.
Product diversification also helps Vietnam’s steel sector make great
strides forward in the region and have a more important role to play in the international
arena.
The country will switch to electric arc furnaces from the current blast ....

Han I , Republic Of , Ministry Of Planning , Statistics Office , One Commune Product , Prime Minister , General Statistics , ஹான் நான் , குடியரசு ஆஃப் , அமைச்சகம் ஆஃப் திட்டமிடல் , புள்ளிவிவரங்கள் அலுவலகம் , ஒன்று கம்யூன் ப்ராடக்ட் , ப்ரைம் அமைச்சர் , ஜநரல் புள்ளிவிவரங்கள் ,

VIETNAM BUSINESS NEWS MAY 10


VIETNAM BUSINESS NEWS MAY 10
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 10/05/2021
  
14:01
GMT+7
Businesses advised to stay vigilant to maintain export growth
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
Statistics from the Ministry of Industry and Trade (MoIT) showed that export value in April grew 44.9 percent over the same period last year, while that in the first four months of 2021 expanded 28.3 percent year on year to 103.9 billion USD. ....

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Vingroup to stop production of smartphones and TVs | Business


Illustrative image (Photo: VinSmart)
Hanoi (VNS/VNA) - Vingroup is to halt the production of TVs and smartphones to
focus on the development of its
Internet-of-Things and Infotainment for
VinFast
cars, according to a press release by the country s largest conglomerate on May
9. 
Production
of smartphones and smart TVs is no longer able to deliver breakthroughs and
added-value for consumers. We have decided to instead invest in the development
of smart vehicles, smart home and smart city solutions, areas in which we are
confident we can deliver excellent customer experience and value, said
Vingroup’s
Vice President and CEO Nguyen Viet Quang. ....

Han I , Republic Of , Ben Thanh , Tinh Quang Tri , Khanh Hoi , Ninh Thu N , Ho Chi Minh City , H Chíinh , Ben Thanh Market , Suoi Tien Theme Park , One Commune Product , ஹான் நான் , குடியரசு ஆஃப் , பென் த்யாந் , டின் குவாங் திரி , கன் ஹோய் , ஒன்பது து ச்சனியான , ஹோ சி மிந் நகரம் , பென் த்யாந் சந்தை , ஒன்று கம்யூன் ப்ராடக்ட் ,