100 Vietnamese firms chosen to list products on Amazon

Update: 08:41 | 07/06/2019

One hundred Vietnamese firms have been chosen to list their products on Amazon from June 6, 2019, under a long-term programme between the Vietnam Trade Promotion Agency (VTPA) and Amazon Global Selling.

VTPA Director Vu Ba Phu said the programme will be carried out between now and 2021, featuring global export via e-commerce, trademark popularisation with the US e-commerce giant, and e-commerce training for Vietnamese firms.

Vietnamese firms, products on Amazon, long-term programme, e-commerce, trademark popularisation, trade promotion delegation

Illustrative image.

The companies will learn about Amazon selling process step by step, register to store products in Amazon’s distribution centres and adverts to increase customer base.

Experienced service providers will also partner with them.

Vu added that the most successful sellers on Amazon will be chosen to join a trade promotion delegation to the US in October.

Gijae Seong, Director of the Amazon Global Selling for Southeast Asia and Australia, said e-commerce exports have become an important channel for global trade.

Via Amazon, Vietnamese enterprises could expand their business globally as it has websites in 18 countries with 27 languages, a wide range of goods and 175 distribution centres that ship goods to 185 countries.

Amazon sellers come from more than 130 different countries who reach some 300 million customers.

According to Phu, Vietnamese handicrafts, apparel, footwear and consumer goods will be able to reach millions of customers worldwide, but firms need to prepare thoroughly.

Gijae Seong forecast that e-commerce revenue will surpass 3.3 trillion USD in the next two years. By 2022, it will be six times that from traditional selling.

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Introduced on the global online market Amazon.com, many traditional products of Vietnam have been attracting international consumers, contributing to promoting purchase power and increasing sales. 
Vietnam works to close loopholes in e-commerce
Vietnam’s fast-growing e-commerce sector has posed a great challenge for the Government as many retailers are using loopholes in management regulations to trade counterfeit goods and cheat consumers, thus creating economic losses and shattering shoppers’ confidence in genuine e-commerce activities.
Amazon to train Vietnamese small firms in e-commerce
Amazon will train 100 Vietnamese businesses to develop their business on its platform.
2,000 booths transacted on Bac Giang e-commerce website
(BGO)- According to the statistics of the Center for Trade Promotion of Bac Giang province, nearly 2,000 booths of about 1,000 firms join the website and e-commerce website of the provincial Department of Industry and Trade at https://socongthuong.bacgiang.gov.vn and http://san24h.vn.

Source: VNA

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