Digital customs, flexible banking, and local government cooperation can together build an ecosystem that enables Vietnamese businesses to go green effectively.
Competition is intensifying due to the entry of international players which are pursuing cost-competitive franchise models in Việt Nam with the adoption of advanced technologies.
The lack of regulations and businesses’ reluctance to engage in environmental protection efforts have made it difficult for Việt Nam’s e-commerce sector to transition to a greener model.
The "E-Commerce Logistics Market by Service and Geography - Forecast and Analysis 2021-25" report by Technavio expects the market size to grow to US$355.79 billion between 2020 and 2025.
The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Viet Nam.
The e-commerce sector in Viet Nam has seen remarkable growth in recent years, but a lack of uniformity in delivery and payment methods may lead to many businesses missing opportunities.
Despite the booming of logistics and e-commerce services, there is a lack of linkage between the two sectors, which might hamper their flourish, Tran Thanh Hai, deputy director of the Import-Export Department under the Ministry of Industry and Trade.