Sunday, 22/12/2024
Bắc giang 16 °C / 13 - 16 °C
Hotline: +84.0204.3 856 624

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

Number of Vietnamese sellers on Amazon up 80% over past year

Updated: 15:17, 01/11/2022
The number of Vietnamese sellers on U.S. ecommerce platform Amazon has risen by 80% since September last year, with kitchenware being their best-selling item.

The company did not reveal the exact number, and merely said it was in the "thousands."

Gijae Seong, director of Amazon Global Selling Vietnam, listed three reasons for the large number of Vietnamese businesses registering to sell on the platform over the past year.

{keywords}

The Amazon logo is pictured inside the company's office in Bengaluru, India, April 20, 2018.

First, they has big potential and a better understanding of how to tie up with Amazon. Second, the process of reviewing new sellers has improved significantly. Third, businesses are more willingly to join the global game.

Between September 2021 and August 2022 Vietnamese sellers, both established companies and newbies, sold nearly 10 million products on Amazon, with the top five being kitchenware, home appliances, apparel, health and personal care products, and home improvement items.

An Phat Holdings, which owns environment-friendly plasticware brand AnEco, said its sales on Amazon in the first seven months of this year rose five times year-on-year, and its total sales for the year would be up by 15-20 times.

Vietnamese sellers shipped their products to 21 markets, including new ones such as Belgium, Sweden and the Middle East, with the biggest one being the U.S.

According to Amazon Global Selling Vietnam, promising product groups for Vietnamese sellers to explore next year include furniture and home décor, and accessories, necessities and gifts.

Furniture has been among their best-selling items for the last two years, Gijae Seong said.

The e-Conomy SEA 2022 report released last week by Google, Temasek and Bain & Company expects Vietnam’s e-commerce market to be worth $14 billion this year matching Malaysia and the Philippines’ but smaller than Indonesia and Thailand’s.

It will grow 37% annually to reach $32 billion by 2025 to become joint second in Southeast Asia with Thailand’s, according to the report.

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.
Cooperatives receive support to adopt e-commerce
E-commerce is widely considered an effective and sustainable solution to help cooperatives improve their competitiveness, and boost production and exports, but the number of cooperatives that have gone online remains modest, prompting the Vietnam Cooperative Alliance (VCA) to support them in this regard.
Provinces turn to e-commerce to sell agricultural produce
To help sell agricultural products, many localities are working to establish linkages between businesses in the supply chain and turning their focus to e-commerce platforms.
New strategy promotes agricultural products on e-commerce platforms
The recently-approved National Postal Development Strategy to 2025 with a vision to 2030 targets 100 percent of agricultural households using e-commerce platforms to move their products.

Source: VnExpress

Shares:
icon-zalo
number-of-vietnamese-sellers-on-amazon-up-80-over-past-year.bbg

Reader's comments (0)

Your comment...