MDEC announced the launch of the Go-eCommerce Expo 2021 that aims to promote the use of eCommerce as a new revenue channel that will open doors to more opportunities among local businesses in Malaysia.
The three-day initiative aims to encourage and equip 3,000 local businesses to consider and embrace live streaming e-commerce as a new channel to improve their sales.
The country focuses on sustainable e-commerce practices as well as plans to accelerate digital transformation in finance and banking, aiming to drive innovation and efficiency in the country’s economy for all citizens to participate in.
Domestic wood and handicraft businesses are urged to embrace e-commerce for global expansion, while the government drives an initiative to develop ICT parks, fostering Vietnam’s digital transformation and global competitiveness.
The national postal network adapts to e-commerce and logistics demands amid rapid market growth and heightened competition, focusing on modernisation, regulatory reforms, and enhanced connectivity for the digital age.
The nation’s digital revolution is highlighted by an e-commerce market surge, an increase in electronic invoices, and an embrace of AI, positioning the nation for sustained growth in the digital era.
The nation pushes towards a tech-driven future, emphasising digital economy growth, strategic initiatives, and digital literacy campaigns exemplifying its commitment to leveraging technology for economic growth and inclusive development.
SAYA DIGITAL spearheads Malaysia’s digital transformation, fostering inclusivity and proficiency across all demographics through various initiatives and comprehensive programmes empowering individuals and businesses in a digital era.
Vietnam actively safeguards consumer rights in the expanding e-commerce landscape, addressing concerns through a proactive Code of Responsible Business and concerted efforts to fortify regulations, bolstering trust and ethical standards in online commerce.
Developing e-commerce channels, putting products on e-commerce platforms, establishing online distribution channels, and enhancing cross-border exports will empower businesses to access domestic and international consumer markets more efficiently.
The nation’s digital transformation unveils remarkable e-commerce growth alongside pressing challenges, urging concerted efforts towards sustainability and balanced development in the online marketplace.
The nation’s optimistic approach to sustainable growth leverages technology to integrate industries and bridge the market gap, fostering collaboration and innovation.
Vietnam’s e-commerce sector, poised to reach US$20.5 billion, drives collaborative initiatives, shaping a resilient landscape for sustainable growth in the nation’s digital economy.
The Ministry of Information and Technology is providing support and training to enhance digital capabilities and foster the online sale of agricultural products and local specialities to help Vietnamese agriculture businesses face challenges in adopting e-commerce.
Vietnam’s e-commerce exports have surged, offering opportunities for MSMEs. E-commerce export revenue is poised to exceed $10 billion over the next few years but firms must focus on navigating regulations, boosting competitiveness, and cost management.
The Ministry of Industry and Trade aims to increase the cashless payment ratio in e-commerce to 50% over the next two years. It will also create a system to protect buyers and sellers when carrying out non-cash payment transactions.
To enter the e-commerce market, enterprises need to revamp or strengthen their supply chains, enhance the digitalisation of their processes, and develop a comprehensive understanding of export regulations.
The new directive to enhance data connectivity and sharing, regulate tax administration, and foster e-commerce growth in response to the challenges presented by the expanding digital business landscape.
Despite economic challenges, e-commerce is expected to be the fastest-growing and most stable sector in Vietnam, with a predicted growth rate of over 25% and a scale of more than US$20 billion.
Executives from public and commercial sectors were invited to be better prepared for emerging technologies such as Blockchain, IoT, AI, and others.
The Vietnam Competition and Consumer Authority plans to amend the Law on Protection of Consumer Rights to address consumer violations. The government has urged businesses to recognise their role and responsibility in consumer protection, ensuring access to safe and reasonably priced products and services.
Researchers found that drone deliveries need to be calculated better and balanced with other delivery options since, in certain conditions, it costs more than a diesel truck.
The agency will review existing policies to improve e-commerce management, upgrade infrastructure and supporting services, incorporate new tech to assist digital transformation and offer training to improve the inspection and handling of violations.
The portal helps organisations, individuals, and business households apply for tax identification numbers and provides information on tax policies for e-commerce in line with existing regulations.
APU has inked an IAC with a technology hardware supplier in Malaysia to enable its students to be trained as green entrepreneurs whilst understanding better what sustainability strategy is.
In an increasingly VUCA environment. the ability to expedite the most important mission of mitigating risk and building trust is at the core of all strategies.
Global e-commerce is estimated to grow by 28.4% annually between 2020 and 2027. Meanwhile, revenue from business-to-consumer e-commerce in Vietnam is expected to increase by over 20% each year.
The Farmers’ Association of Hung Yen city organised training sessions on e-commerce and how to put agricultural products on sale on digital platforms for 60 cadres and association members in the locality.
The Vietnam E-commerce White Paper 2022 predicts that the country’s e-commerce economy would see several annual records this year and, for the first time, the number of online shopping consumers in Vietnam will reach 57 million.
UTM and a Malaysia-based tech will pursue academic partnership and cooperation which includes the exchange of academic staff and students, R&D in Communication Technology as well as Internet of Things (IoT), joint seminars and conferences and more.
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