Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Vietnam cashes in on e-commerce, digital economy
Vietnam’s e-commerce and digital economy are expected to grow further in the time ahead, thus giving a boost to the country's economic development, heard a summit in Hanoi on November 21.
 |
| Vietnam cashes in on e-commerce, digital economy |
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan stressed that it is time for Vietnam to build new economic models and strategies, adding that over the past years, the MoIT has issued many documents, policies and strategies to promote digital transformation within the sector, as well as e-commerce nationwide.
He asked participants to seek solutions to push ahead with the e-government building and digital economy in such key areas as energy, smart production, e-commerce and logistics.
Dang Anh Dung, deputy general director of the e-commerce platform Lazada Vietnam, cited statistics showing that 57 million Vietnamese shopped online last year, mostly in Hanoi, Ho Chi Minh City, and Da Nang, and 43% of Gen Z consumers accessed shopping apps every day.The event featured a plenary session, two conferences and an exhibition showcasing technologies and solutions for digital transformation, smart production and e-commerce with the participation of about 20 domestic and foreign businesses.
According to a report released on November 1 by Google, Temasek and Bain & Company, Vietnam has seen the highest growth in the digital economy in Southeast Asia in 2022 and 2023, and it is expected to share the position with the Philippines in 2025.
Vietnam’s Gross Merchandise Value (GMV) is forecast to gain the Compound Annual Growth Rate (CADR) with a growth rate of 20% from 30 billion USD in 2023 to nearly 45 billion USD in 2025.
Notably, e-commerce is projected to drive the GMV growth of the national digital economy in the next two years.
Statistics released by the MoIT also revealed that Vietnam’s e-commerce maintained its growth rate of between 16-30% over the past years, reaching 20% in 2022, and it would be valued at 20.5 billion USD this year./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
