A list of 100 outstanding businesses in the "Vietnam Pavilion" on the Alibaba.com platform - a leading B2B e-commerce platform, was announced on March 6 under a cooperation programme between Alibaba.com and the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade.
A number of major Vietnamese products such as cashew nuts, macadamia nuts, fruits, and soft drinks were introduced to Kuwaiti people at Lulu Hypermarket on March 5 during the Taste of Vietnam.
The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach VND650 trillion (US$26.31 billion) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).
The total retail sales of goods and consumer service revenue in February increased by 8.5% over the same period last year to 509.7 trillion VND (20.63 billion USD), according to the General Statistics Office (GSO).
