BUSINESS NEWS IN BRIEF 30/8

E-commerce key for farm exportersVietnamese enterprises should take advantage of e-commerce development to boost exports of farm produce to China, experts said at a meeting on Sunday in HCM City.Wen Xi Chen, economic counselor at the Chinese Consulate General in the city, said Vietnamese enterprises should cooperate with well-known Chinese e-commerce enterprises to open online stores of high-quality farm produce for export to China.While e-commerce has narrowed the production and consumption gap, and extended consumer markets, traditional sale channels have not updated market information regularly, he said.To develop e-commerce for agricultural products, logistics service, traceability and human resources should ensure product quality, he added.Nguyen Hoang Anh, member of the Advisory Council for Reform, who is also vice president of the Digital Agriculture Association (DAA) Viet Nam, said China remained a major market for agricultural products exported from Viet Nam due to similarity of cuisine, culture and geographical proximity.In 2017, China accounted for 76 per cent of US$3.5 billion worth of fruit and vegetables exports to the country.“Cuisine plays a major role in the life of Chinese, who like eating, know how to eat, and eat well,” Chen said.China in recent years has become the world’s largest importer of agricultural products,… Read full this story

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