Vietnamese enterprises have the opportunity to access the global market

(Chinhphu.vn) – On March 14, in Ho Chi Minh City, a cooperation signing ceremony took place between the world’s leading e-commerce platform – Alibaba.com and Fado Vietnam Company. This cooperation opens up a new trade channel to support Vietnamese enterprises, especially small and medium enterprises that do not have enough professional export personnel, have no experience, and do not understand foreign markets. … can actively offer products to other countries through the booths on Alibaba.com Mr. Nguyen Quang Huy, Deputy Director of the Southern Affairs Department (Ministry of Industry and Trade), said that following the global trend, cross-border e-commerce has become an important channel for exports. Joining B2B e-commerce platforms will help exporters directly approach customers around the world, thereby expanding opportunities to access the global market, reducing costs associated with contacting customers. promote traditional trade such as participating in fairs and exhibitions, setting up offices in target markets. The first time Alibaba.com cooperates with a Vietnamese e-commerce platform – Fado Company to support and train skills and knowledge on cross-border e-commerce in order to improve its online offering capacity. online for Vietnamese businesses. This move is opening up potential opportunities for Vietnamese small and medium enterprises to export online. Currently, Alibaba.com is the world’s leading e-commerce platform, through Alibaba.com Vietnamese businesses can promote products to 260 million businesses in 240 countries and territories around the world. all over the world. Alibaba.com operates under the B2B (Business to Business) model, which is an Internet transactional business model that helps connect businesses more than businesses to customers, after registering on exchanges. B2B of Alibaba, businesses can offer goods, find customers, place orders, sign contracts, and pay through this system. In a recent related development, Amazon, the world’s leading e-commerce group, and the Trade Promotion Department, the Ministry of Industry and Trade also announced plans for an exclusive program “Supporting Vietnamese businesses to access the market”. world with Amazon.com”. The program will pilot 100 potential small and medium enterprises in Vietnam. Enterprises selected to participate in the program will be guided by a team of experts and partners of the Department of Trade Promotion and Amazon Global Selling on procedures; supporting the registration process, building an e-store on Amazon.com, completing import and export procedures, customs, shipping goods, supporting US market research, supporting product development and trade brand through Amazon’s e-commerce system.