In 2018, the country’s e-commerce growth reached 30 per cent, marking total retail revenue of US$8 billion. This figure is expected to reach $13-15 billion by 2020.
Deputy Prime Ministry of Industry and Trade Cao Quoc Hung has urged Vietnam Paper Corporation (Vinapaco) to move towards equitisation soon as there are many opportunities and challenges facing the industry this year.
Officials from Viet Nam and India discussed specific measures to remove obstacles to trade and investment co-operation between their businesses during the fourth meeting of the Joint Sub-committee on Trade in Ha Noi on Wednesday.
The leather and footwear sector needs to develop supporting industry to reduce reliance on the import of raw materials, enhance competitiveness and boost high-value exports.
The digital economy which is being seen worldwide has been a challenge but also good opportunity for Viet Nam to resolve big issues in its economic development in general and restructuring the industry and trade in particular, said Cao Quoc...
Better policies were needed to improve the capacity of support-industry
companies, particularly electronics firms, said deputy minister of
Industry and Trade Cao Quoc Hung.