Investment News


Many export opportunities through cross-border e-commerce

16/08/2023

         

 

 

Cross-border e-commerce (e-commerce) is increasingly booming in many developed countries. This is also an area that is considered to have a lot of potential and is suitable for Quang Ninh's existing advantages. To promote cross-border e-commerce, all levels and functional branches of the province are promoting propaganda, support, and accompanying businesses in the province.

 

Consumers access goods through e-commerce platforms.

Cross-border e-commerce is understood as a form of buying and selling between businesses or people in different countries through ordering and payment on e-commerce platforms and over the Internet. This form develops strongly in countries with developed e-commerce platforms, such as the US, China, Japan, Korea, the European Union (EU)...

Quang Ninh has an important strategic position, one of 7 provinces/cities in the Northern key economic region, located in a favorable location with land, sea and air borders with China - one of the world's largest commodity consumption markets, and the "gateway" of export goods from Vietnam and Asean countries to China and the world.

To promote cross-border e-commerce activities, Quang Ninh province has actively promoted conferences, seminars, training programs and propaganda on mechanisms and policies to develop border economy, tourism, and agriculture. industry, helping businesses in the province master regulations for each specific commodity field; Promote e-commerce development associated with comprehensive digital transformation activities; Provide information and guidance related to import and export of goods to partners that have signed e-commerce agreements (FTAs) with Vietnam, such as: ASEAN Free Trade Agreement (AFTA), Framework Agreement on ASEAN - China economic cooperation, ASEAN - China Trade in Goods Agreement to establish the ASEAN - China free trade area; agreements CPTPP, EVFTA, UKVFTA... Thereby, helping businesses in the province gradually catch up with the trend of using e-commerce platforms to reach domestic and international customers, expand export markets .

Ms. Nguyen Thi Chinh, Assistant Director of the Import-Export Department, Hoa Loi Dat Vietnam Garment Co., Ltd., said: Currently, our company is still exporting in the traditional direction. However, the Company is actively approaching forms of promoting cross-border e-commerce development. This is a very good opportunity for our business to promote and promote the Company's products, reaching more customers and new markets in the near future.

According to the Vietnam E-commerce Index report in 2022, announced by the Vietnam E-commerce Association: Quang Ninh's E-commerce Index in 2022 ranked 11th out of 58 provinces and cities surveyed. Domestic e-commerce sales are estimated to account for 12% of the total retail sales of goods and consumer service revenue in the province; The proportion of Quang Ninh population participating in online shopping reached over 40%; The value of e-commerce transactions of export and import enterprises in the province accounts for about 35% of total export and import turnover. In the first 7 months of 2023, although there are still many difficulties, the export turnover of enterprises in Quang Ninh province still increased by 13.6% compared to the same period in 2022. To achieve the above results, there is no partial contribution. small part of e-commerce.

 

Experts in the field of e-commerce share content at the training program "Improving cross-border e-commerce skills in Quang Ninh 2023", at the end of July 2023.

However, along with the advantages, bringing cross-border e-commerce into exports also poses some difficulties and challenges, such as: Businesses have to face the problem of fierce competition from other countries; some complex customs and international shipping processes; difficulties in the policy and legal system... These are issues that need attention to improve the efficiency of online exports and create favorable conditions for businesses.

Commenting at the training program "Improving cross-border e-commerce skills in Quang Ninh 2023" held in Ha Long City at the end of July, Mr. Nguyen Van Thanh, Director of the E-commerce Development Center, Department of E-Commerce and Economics (Ministry of Industry and Trade) emphasized: Quang Ninh is one of the leading provinces in economic growth. With available potentials and advantages, Quang Ninh can completely develop cross-border e-commerce strongly. To take advantage of and promote profound effectiveness, Quang Ninh needs drastic and consistent direction from the heads of organizations and businesses. At the same time, increase access to central and local support mechanisms and policies. At the same time, promote the development of cross-border e-commerce human resources, improve propaganda and dissemination of e-commerce laws and have policies to create favorable conditions for import-export businesses through e-commerce and cross-border e-commerce, such as : Access to capital, logistics, infrastructure, customs clearance of goods through border gates...

Minh Duc BQN