Market information support will be offered to around 20,000 enterprises and training and consultancy to 15,000 enterprises to help them raise competitiveness and gradually participate in the global value chains, according to a news agency report.

Vietnam recently approved a project to expand export markets and enable enterprises to participate in foreign distribution networks by 2030 by encouraging the use of e-commerce channels apart from traditional channels. The target is to build a stable and sustainable production and export distribution model covering free trade agreement partners.

Five thousand enterprises will also be supported to build capacity of joining cross-border e-commerce. Ten thousand trade connections and exchanges will be organised to connect Vietnamese firms with foreign distribution networks, while more than 10,000 products will be offered directly into foreign distribution networks with support.

The aim is to enhance the long-term competitiveness of domestic enterprises and build the image of Vietnam as a country capable of supplying quality goods in large volumes.

The Vietnam E-Commerce and Digital Economy Agency under the ministry of industry and trade would organise activities to promote trade exchanges in foreign countries and promote made-in-Vietnam products via online channels and e-commerce platforms abroad.

Fibre2Fashion News Desk (DS)