Firms urged to promote digital transformation to expand exports
| |
In the context of rising cross-border e-commerce, firms should speed up the digital transformation process as an effective solution to expand exports. (Source: congthuong.vn) |
Digital transformation is considered an effective solution for firms to penetrate and expand their export markets, Hai said, adding that it would help firms set up a more flexible and more efficient export model.
It was forecast that global online exports could touch US$1 trillion this year, especially amid the COVID-19 pandemic.
Hai said firms should pay attention to three factors, namely developing digital platforms, digital databases and mobile websites in the digital transformation process to boost exports.
Hai said that the ministry is implementing a number of measures to support import and export activities, especially through e-commerce.
Under the national e-commerce development master plan in 2021-25 and the national digital transformation programme to 2025, Vietnam identified digital transformation as a vital process to speed up the modernisation of the distribution system, increase enterprises’ competitiveness, develop the domestic market and increase exports.
Hai said the ministry was increasing the application of information technology in conducting administrative procedures to facilitate exports, such as the eCoSys system which allows online submission of certificates of origin.
According to the Multilateral Trade Policy Department, trade promotion activities were now moving online, especially amid the COVID-19 pandemic, which also helped save significant sums for businesses compared to traditional trade promotion.
Hai, however, noted that the digital transformation of Vietnamese firms was taking place too slowly.
Vietnam targeted to develop about 50,000 technology companies nationwide to accelerate digital transformation.
Related News
Removing “bottlenecks” for digital transformation in industrial production
10:00 | 17/12/2024 Import-Export
The wood industry seizes opportunities amid changes in the export market
11:22 | 16/12/2024 Import-Export
Border gate planning: Issues for Lang Son
10:02 | 17/12/2024 Headlines
Actively listening to the voice of the business community
09:39 | 12/12/2024 Customs
Latest News
UK a niche market for Vietnamese speciality coffee
14:11 | 23/12/2024 Import-Export
Vietnam-US trade thrives on effective mechanisms: trade counsellor
14:08 | 23/12/2024 Import-Export
Opening of overseas markets boosts coconut exports
13:59 | 23/12/2024 Import-Export
Increasing consumption demand, steel enterprises face many opportunities
11:08 | 23/12/2024 Import-Export
More News
VN faced with increasing trade defence investigations on rising protectionism
18:58 | 22/12/2024 Import-Export
Việt Nam expects to officially export passion fruit to the US next year
18:55 | 22/12/2024 Import-Export
UK’s carbon tax to affect VN exports
18:51 | 22/12/2024 Import-Export
Removing obstacles in granting certificates of exploited aquatic products
13:56 | 22/12/2024 Import-Export
Promoting agricultural exports to the Japanese market
13:55 | 22/12/2024 Import-Export
Agricultural exports in 2024 to exceed 60 billion USD?
13:53 | 22/12/2024 Import-Export
Seafood exports expected to exceed $10 billion in 2025: expert
20:28 | 21/12/2024 Import-Export
Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature
18:30 | 21/12/2024 Import-Export
Vietnam's import-export surges 15.3%
09:44 | 20/12/2024 Import-Export
Your care
UK a niche market for Vietnamese speciality coffee
14:11 | 23/12/2024 Import-Export
Vietnam-US trade thrives on effective mechanisms: trade counsellor
14:08 | 23/12/2024 Import-Export
Opening of overseas markets boosts coconut exports
13:59 | 23/12/2024 Import-Export
Increasing consumption demand, steel enterprises face many opportunities
11:08 | 23/12/2024 Import-Export
VN faced with increasing trade defence investigations on rising protectionism
18:58 | 22/12/2024 Import-Export