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Latest trends on agenda at Vietnam Online Business Forum

Released at: 16:02, 05/03/2018

Latest trends on agenda at Vietnam Online Business Forum

Photo: Hai Van

Forum to be held in Hanoi on March 14 and in HCMC on March 16.

by Ngoc Han

The Vietnam Online Business Forum (VOBF) 2018 will be held in Hanoi on March 14 and in Ho Chi Minh City on March 16 and will discuss blockchain and digital currencies, among other matters, according to an announcement from the Vietnam E-commerce Association (VECOM) on March 5.

VOBF 2018 will have four sessions on the latest trends in e-commerce. The first is entitled “The Age of Connectivity and Information Sharing”, where speakers will discuss maintaining the high growth rates seen in 2017 and new drivers in achieving this growth. The following session is on tax administration for e-commerce, the shared economy, blockchain technology and digital currencies, information security, and the protection of personal information.

The third session will discuss the impact of technology on e-commerce, as cloud computing, big data and mobile technologies have had a tremendous impact on the e-commerce business in Vietnam and other prominent technologies such as artificial intelligence (AI), the Internet of Things (IoT), virtual reality (VR), and blockchain will affect the e-commerce landscape in 2018. The fourth session presents an opportunity for young entrepreneurs to discuss “Successful Startups with E-commerce”.

According to VECOM, Vietnam’s e-commerce growth in 2017 was more than 25 per cent and this can be maintained during the 2018-2020 period. Growth in specific areas has been spectacular. For online retailers, information from thousands of e-commerce websites shows a 35 per cent increase in revenue growth in 2017, while an indirect survey of some delivery companies revealed growth of between 62 and 200 per cent.

The Vietnam E-Commerce Indicator Report 2018 will also be released at VBOF. The E-business Index (EBI), developed by VECOM since 2012, is a useful quantitative tool for identifying the development of e-commerce around the country as well as in each locality.

This year’s forum will attract the participation of organizations and individuals who have a major impact on the online business in Vietnam, including the General Department of Taxation, Amazon, Nielsen, NAPAS, VnPost, Vinaphone, VinaCapital, Zalo, Grab, Mat Bao, PA Vietnam, Vietinbank, MobiFone, the US-ASEAN Business Council, and Fado.

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