Danish firms offered chances to access Vietnamese market
admin 20-11-2020, 11:09
Danish firms offered chances to access Vietnamese market
At the ceremony (Photo: Embassy of Denmark in Vietnam)

 Hanoi (VNA) – A signing ceremony of a memorandum of understanding on the launch of the first interface for Danish brands in Lazada, one of the modern e-commerce platforms in Vietnam, was held on November 19.

In his remarks, Danish Ambassador Kim Højlund Christensen underlined that the partnership aims at building a long-standing cooperation between Danish businesses and the Vietnamese market, as well as introducing the European country’s values to consumers in Vietnam through high quality products and brands.

Given the EU-Vietnam Free Trade Agreement (EVFTA) took effect from this August, Vietnam has become an attractive market to Danish investors, he noted.

Vietnam-Denmark trade neared 150 million USD in 2019.

Online shopping traffic in Vietnam so far this year rocketed over 150 percent against a year earlier, with daily visits to e-commerce sites growing to 3.5 million.

Vietnam’s e-Commerce White Book 2020 revealed that the country’s e-commerce retail sales surged 25 percent to 10.08 billion USD last year, making it the third-fastest growing e-commerce market in Southeast Asia./.

VNA
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