Non-compliance may lead to coordinated technical measures, such as app blocking and domain name restrictions, in collaboration with relevant authorities
The Ministry of Industry and Trade’s recent document about strengthening management on e-commerce says consumers should not have transactions with platforms which have not been verified by the Ministry of Industry and Trade.
The HCM City Department of Industry and Trade has said it plans to inspect businesses that sell on online platforms and show signs of violating regulations.
Trần Văn Trọng, General Secretary of the Việt Nam E-Commerce Association (VECOM), told Việt Nam News about the green and sustainable cross-border commercial development trend and how to help businesses build brands in the digital environment.
Amazon Global Selling coordinated with the Việt Nam E-Commerce Association (VECOM) to organise the 2024 Cross-border E-commerce Forum in Hà Nội on Thursday.
The Cross-border E-commerce Summit 2024 embraces digital trade as an opportune pathway to elevate Vietnamese enterprises and brands onto the global stage.
Lào Cai has proposed trialling a cross-border e-commerce zone or a free trade zone in the northern mountainous province to a bridge between Việt Nam and other ASEAN countries with the Chinese market.
According to Statista market research company of Germany, online sales will account for about one-tenth of Việt Nam’s total retail sales and revenue of the country’s e-commerce market will reach US$9 billion by 2025.
Since setting up a dedicated team in Việt Nam in 2019, Amazon Global Selling has enabled thousands of Vietnamese selling partners to bring millions of Made-in- Viet Nam products to worldwide customers every year.
One success story was shared by Me Trang Coffee Joint Stock Company, which had previously allocated a significant portion of its budget towards sending delegations to international exhibitions and fairs in search of customers.
Cross-border e-commerce not only opens a new gateway for Vietnamese entrepreneurs and manufacturers to expand their businesses but also becomes a powerful engine for the development of the country’s economy, experts said.