Information technology firms are ready to complete e-commerce platforms for farmers, according to the Minister of Information and Communications (MIC), Nguyen Manh Hung, at a teleconference on digital transformation in agriculture and rural development. Businesses’ capacity and infrastructure are also qualified to bring farm produce to each household nationwide, the Minister added.
As per a news report, said e-commerce platforms can help connect farmers with consumers and trusted suppliers to ensure quality, origin, and competitive prices. The Minister of Agriculture and Rural Development, Le Minh Hoan, said unclear market information is negatively affecting supply and demand in the sector, hence there is a need for data transparency. He added that it is also necessary for the agricultural sector to start building a database and master it, serving information analysis and production planning.
Chu Quang Hao from the council of members of the Vietnam Post Corporation (Vietnam Post) took the occasion to talk about the selling of lychees from Bac Giang province on e-commerce platforms Voso (run by Viettel Post) and Postmart (run by VnPost). According to him, since the beginning of June, more than 4.5 million people have purchased the fruit from these sites. Participants from different localities said they are looking for digital transformation in a series of matters, including pest management, disaster warning, brand protection, and trade promotion.
Earlier in March, the Digital Transformation Alliance for Small and Medium-sized Enterprises (DTS) and the MCV Group signed a cooperation agreement to support small and medium-sized enterprises (SMEs) to promote digital transformation. A digital transformation department to support SMEs in the fields of communications and TV was also established.
DTS and the MCV Group also signed a strategic cooperation agreement with the Vietnam E-commerce Association (VECOM) to begin a chain of activities this year. The first cooperation programme will be a reality TV show to promote online business and e-commerce, which will be consulted on by DTS and VECOM and produced by the MCV Group. It is scheduled to debut at the end of the second quarter, according to a news report.
The Chairman of the MCV Group Pham Tu Liem said cooperation to support digital transformation in SMEs is an important step for all parties in their upcoming operational strategies. Based on building a sustainable relationship, the three sides will jointly coordinate to promote the development of a diverse range of solutions in the field of complete digital transformation for the TV industry and SMEs in Vietnam, he said. The DTS Chairman Leon Truong noted that the internet and social networks are thriving, and TV digitalisation is key for businesses operating in the field.
DTS, therefore, wants to promote its strengths as a collector of digital transformation ecosystems to support Vietnamese businesses, helping them improve their competitiveness in domestic and international markets. DTS will provide technology platforms, VECOM will provide supply chains and online-offline support ecosystems, while the MCV Group, with its digital TV, will create visual images, thus improving consumer confidence in products and promoting purchasing decisions.
According to a study by Google, Vietnam’s digital economy is forecast to grow to US$52 billion by 2025, an annual 29% increase from 2020. With the gross merchandise value (GMV) of its Internet economy accounting for over 5% of the country’s GDP in 2019, Vietnam is emerging as the most digital of all economies in the region. The Vietnamese government hopes that online shopping would account for 10% of Vietnam’s retail sales, and as much as 50% in Hanoi and Ho Chi Minh City by 2025. To create a more transparent modern economy, authorities want to increase cashless payment for public services and improve the regulatory framework for e-payments.