E-commerce to help businesses boost exports: workshop

Illustrative image (Source: internet)

Bui Thi Thanh An, deputy head of the Trade Promotion Agency of the Ministry of Industry and Trade, said the boom of the internet and electronic equipment has created huge opportunities for businesses to reach customers worldwide.

E-commerce has helped firms overcome geographical barriers to seek customers and reduce costs, the official said.

The agency is carrying out practical activities to support businesses to develop products, build brands and expand markets, including programmes to connect foreign business partners with domestic manufacturers and exporters, she added.

The workshop drew representatives of nearly 40 businesses from Singapore operating in the fields of food, packaging, retail, cosmetics, and household appliances as well as hundreds of Vietnamese firms.

It created an opportunity for businesses to seek partners and share effective online sale methods.

By 2022, e-commerce is forecast grow faster by six times than traditional one. Particularly, cross-border e-commerce is projected to increase to 3.3 trillion USD in the next two years.