In Tech

Vietnamese companies should invest in e-commerce

Vietnamese companies should seek to expand exports through e-commerce, which is becoming an effective channel for approaching importers.

Experts said that import demand from developed countries was huge and these were markets where e-commerce was dominant, adding that e-commerce could help also save costs and result in greater efficiency for exporters, compared with the traditional trade transaction channels.

However, the gap in the application of e-commerce remains considerable between developed and developing countries, experts said, urging Vietnamese firms, especially small and medium-sized companies, to grasp the chance of exploiting e-commerce to expand markets as e-commerce was growing rapidly.

(Source: Viet Nam News)

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