If the growth rate is sustained at 30 percent in 2019 and 2020, the market size will hit 13 billion USD next year – higher than the target of 10 billion USD in 2020 set in the master plan for e-commerce development, said Nguyen Ky Minh – Director of the e-commerce development centre (EcomViet) under the ministry’s E-Commerce and Digital Economy Agency (iDEA).

A press conference held on March 12 to introduce the Vietnam Online Business Forum 2019.

However, a favourable environment and ecosystem are necessary for the development of e-commerce, he said, noting the importance of advanced telecom and IT infrastructure to facilitate people’s internet access via mobile devices and boost their trust in online transactions.

Minh also underlined the need to develop logistics services and improve online firms’ access to public services and capital sources.

At a press conference in Hanoi on March 12, the iDEA and the Vietnam E-commerce Association (VECOM) announced that the Vietnam Online Business Forum 2019 will take place in central Da Nang city on March 15, in Hanoi on March 26, and in Ho Chi Minh City on March 28.

Chief of VECOM’s Office Tran Van Trong said the forum will focus on trends in the e-commerce market; e-commerce support solutions in an era that consumers want to receive products they shop online in just some hours; the impacts of technology, especially artificial intelligence, on businesses; and decisive factors for online startups.

Experts will also discuss other hot issues directly affecting many companies like competition, the legal corridor, and the Fourth Industrial Revolution. Additionally, young startups can learn experiences relevant to e-commerce shared at the forum.

The Vietnam E-commerce Index 2019 will also be released at the forum, Trong added.

Leading US firms to explore business opportunities in Vietnam

More than 50 leading US companies operating in different industries will arrive on March 12 to explore business opportunities in Vietnam, the US-ASEAN Business Council (USABC) has announced.

 

Nearly 100 businesses participate in online job transaction session

(BGO) - On March 7, the Job Center under the Department of Labour, Invalids and Social Affairs of Bac Giang province) organized an online job transaction session connecting 12 provinces and cities including Bac Ninh, Hanoi, Hai Duong, Cao Bang, Bac Kan, son La , Hoa Binh, Lang Son, Quang Ninh, Thai Nguyen, Vinh Phuc and Bac Giang. This was also the first job transaction session in the Lunar New Year 2019.

 

Regulations needed to support household businesses

The amendments to enterprise and investment laws should be aimed at promoting the development of the private sector, a conference held in Hanoi was told on February 20.

 

24 Bac Giang businesses granted labor export license

(BGO) – To date, Bac Giang province has sent about 25,000 labors abroad, mostly working in Republic of Korea, Japan, Taiwan (China), Malaysia and Middle East area. 

 

Secretary of provincial Party Committee Bui Van Hai pays pre-Tet visits to businesses

(BGO) - On January 31, Bui Van Hai, member of the Party Central Committee, Secretary of the Party Committee and Chairman of the People's Council of Bac Giang province paid pre-Tet visits to some businesses based in the locality. He was accompanied by Duong Van Thai, Vice Chairman of the provincial People's Committee and President of the provincial Business Association, and representatives of the Department of Planning and Investment and the Office of the provincial Party Committee.

 

Source: VNA