Thái Bình, today: 01/12/2020

Deputy of Ministry of Industry and Trade: Digital transformation offers more export opportunities

03:21 19/08/2020

The transition to a digital platform is considered an effective means for businesses to expand their export markets as Vietnam integrates more deeply into the global economy, Deputy Minister of Industry and Trade Cao Quoc Hung said.

Speaking at the Vietnam Online Import - Export Forum 2020 (VOIEF), co-organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Electronic Commerce Association (VECOM) in Hanoi on 28 / 7, Mr. Hung said the event is held in the context of the Vietnam - EU Free Trade Agreement (EVFTA) being signed and creating a driving force for the Vietnamese economy in particular and export businesses.
The Vietnam Electronics Business Index 2020 report shows that a number of Vietnamese companies have embarked on e-commerce to support exports and imports, in both business-to-business and enterprise-to-person models. consumption, he said.
The master plan for national e-commerce development for the period 2021-2025 and the National Digital Transformation Program to 2025, with a vision to 2030, was approved by the Prime Minister in May and June. Digital transformation is an indispensable process in modernizing the distribution network, enhancing the competitiveness of enterprises, and developing domestic and foreign markets.
Mr. Hung said digital transformation will help businesses join new supply chains and replace old ones interrupted by COVID-19, as well as further diversify export markets and avoid dependence into certain markets.
Overall about the forum
The Ministry of Industry and Trade is committed to developing more level 4 online public services, pioneering administrative reform and e-Government, and better serving the public and businesses.
VCCI President Vu Tien Loc emphasized that inter-agency cooperation in the operation of digital platforms is an important point in ensuring export and import, related to self-certification of origin,  logistics, logistics and banking services.
On this occasion, the Ministry of Industry and Trade inaugurated an export support platform, at, which has a variety of functions and includes a community of exporters and importers to help companies find for online trade opportunities.
Once EVFTA comes into effect, the platform is expected to fully support online trade promotion and link EU and Vietnamese companies together.
In particular, it will help disseminate trademarks and build geographical indications for Vietnam's main exports to the EU such as apparel, footwear, seafood, coffee, rice, sugar, wood and furniture , fresh and processed vegetables, cell phones, machines and computers.
Vietnam's exports totaled $ 122.8 billion in the first half of this year amid the chaos of the COVID-19 pandemic, up 0.2 percent year-on-year, while imports fell 2.9 percent. 117.3 billion USD.