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According to the 2024 Vietnam E-commerce Index report recently announced by the Vietnam E-commerce Association (Vecom), Binh Duong ranked third in the country. E-commerce is spreading deeper in many manufacture and business fields of the province.

High growth

While the economy still facing many difficulties, Vietnam's e-commerce continues to grow strongly with a growth rate of over 25% and a scale of over 25 billion USD. In Binh Duong, e-commerce is spreading deeper into many fields of manufacture and business.

Binh Duong ranked third with 51.3 points, compared with this year's average score 23.1 points. The gap in e-commerce index between the two economic centers of Hanoi and Ho Chi Minh City and the remaining provinces is very large. Ho Chi Minh City continues to lead the ranking in 2024 with 87 points, second is Hanoi with 84.3 points.

Binh Duong assists businesses in connecting with domestic and foreign e-commerce platforms. In photo:  Training and supporting businesses to connect with e-commerce platform Alibaba.com

According to Provincial Department of Industry and Trade, Vietnam's e-commerce index is compiled from three component indexes, including human resources and information technology infrastructure, e-commerce transactions between businesses and consumers (B2C) and e-commerce transactions between businesses (B2B). In particular, Binh Duong ranked 6th in the HR and IT index, ranked third in B2C index and B2B index.

Phan Thi Khanh Duyen, Deputy Director of ProvincialDepartment of Industry and Trade, said that e-commerce has become an inevitable trend, among Binh Duong's development priorities. Recently, closely following the direction of the Provincial People's Committee, with support and cooperation from relevant departments and branches, the Department of Industry and Trade has held many conferences and seminars to create favorable conditions for businesses, cooperatives and business households to develop sales skills through e-commerce channels. Through these conferences, business entities can share, learn product distribution skills, multi-channel sales management solutions, digital capacity building, and innovative business strategies, anti-counterfeit goods...

Nguyen Ngoc Son, Director of Ngoc Son Deep Fish Python Trading and Investment Joint Stock Company (Thuan An City), said: “Recently, with the support of the Department of Industry and Trade, we have put products on the provincial e-commerce platform, Shopee, and Alibaba.com. Manufacture and business organizations, distribution systems have had the opportunity to meet directly, exchange, cooperate and expand markets. This not only helps increase sales opportunities but also promotes the formation of strategic business relationships with partners in the region."

Actively support businesses

Mike Zhang, Country Director of Alibaba.com Vietnam, said that so far Alabba.com has an office in Binh Duong and the growth rate of customers, especially Binh Duong businesses, is very fast. “Along with opportunities, businesses in Binh Duong also face many challenges such as fierce competition and high requirements for product and service quality. Based on research on the quantity and advantages of Binh Duong's key export industries, Alibaba will make efforts to support and accelerate the export speed of local enterprises through e-commerce."

For the domestic market, Nguyen Le Ly Na, representative of Shopee e-commerce platform, recommended businesses in Binh Duong to set up effective booths such as designing good quality cover photos, using monochrome backgrounds, and using layouts to highlight product images...

Recently, Binh Duong has established a Digital Transformation Center, said Le Tuan Anh, Director of Department of Information&Communication, said the birth of the center is an important step in the province's digital transformation. He believes that, with the efforts and determination of the center, along with the close coordination of departments, branches, and localities, the center will complete assigned functions and tasks, contributing to making Binh Duong the leading province in digital transformation in the region. The Provincial Digital Transformation Center signed a cooperation agreement with Digital Economy Institute and Investment Promotion Center to support businesses in digital transformation.

In 2024, Vecom will continue to perfect the calculating method of e-commerce index, in addition to calculating based on business survey results, also using many other reliable quantitative information channels. The national domain name ".VN" continues to be the most important factor in evaluating e-commerce infrastructure.

Reported by Tieu My, Cam Tu - Translated by Ngoc Huynh