Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the country this week, three months after the Danish company spent US$3.6 billion on acquiring Hong Kong firm LF Logistics.

Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt July 7, 2021.

He said with LF Logistics’ expertise in omnichannel orders, Maersk would have a better position in the global e-commerce market, including Vietnam. His company plans to offer both business-to-business (B2B) and business-to-consumer (B2C) delivery services, he said.

Hoan Dang, head of omnichannel order fulfillment at Maersk Vietnam and Cambodia, said with the acquisition of LF Logistics, his company could join hands with e-commerce platforms to handle goods orders in the Vietnamese market.

FedEx is integrating its services with e-commerce platforms to enable online retailers to use them without having to leave the platforms.

Hardy Diec, managing director of FedEx Express Indochina, said e-commerce would continue to flourish in Vietnam.

Earlier this month his company opened a new $2-million operations center in Hanoi’s Bac Tu Liem District. Vietnam will be one of the top 10 countries for FedEx in terms of trade volume growth over the next five years.

Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast.

Its digital gross merchandise volume is likely to reach $23 billion in 2022, and $32 billion by 2025.

According to global firm Allied Market Research, Vietnam’s express delivery market is expected to be worth $4.88 billion by 2030 after growing at 24.1% annually, with the growth of e-commerce being one of the main drivers.

Logistics firms are expanding their services and lowering prices.

This month Lazada Logistics announced it would start offering omnichannel deliveries for online shops.

J&T Express announced cuts of 10-20% in freight.

Enterprises supported to enhance export capacity through e-commerce

The Vietnam E-commerce and Digital Economy Agency (iDEA) held a conference on October 21 on enhancing enterprises’ export capacity through cross-border e-commerce.

Conference seeks to better cross-border e-commerce skill for export firms

Hanoi will continue to coordinate with the Ministry of Industry and Trade’s Vietnam E-commerce and Digital Economy Agency (iDEA), Amazon Global Selling Vietnam, and relevant units to support and train businesses in skills on cross-border e-commerce, according to Vice Director of Hanoi Center for Investment, Trade and Tourism Promotion (HPA) Nguyen Thi Mai Anh.

E-commerce platforms should pay tax on vendors' behalf: ministry

The Ministry of Finance wants e-commerce companies such as Shopee, Tiki and Lazada to pay taxes on behalf of their vendors to simplify administrative procedures.

Bac Giang supports to create more than 113,600 booths on e-commerce platforms

(BGO) – Since early this year, the Department of Industry and Trade (DoIT) has cooperated with competent agencies in and outside Bac Giang province to support businesses, cooperatives and households to create more than 113,600 booths on various e-commerce platforms of Voso.vn, Postmart.vn, sendo.vn, san24h.vn among others.

Exportation through e-commerce on the rise

Vietnamese businesses have been enjoying breakthrough growth thanks to exportation through e-commerce exports.

Source: VnExpress