A shipment of more than 3 tons of lychee has been successfully exported to Germany by the Vo So e-commerce platform. (Source: baodautu.vn)

The Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade said this is the first time Vietnam’s agricultural products have been shipped to Europe through the “cross-border e-commerce” model on an e-commerce platform developed and operated by the Southeast Asian nation.

Sponsored by Viettel Post, Voso launched its Voso Global last March, offering high-quality Vietnamese farm produce to consumers in foreign markets, especially overseas Vietnamese.

The platform has optimised Viettel Post’s smart logistics system to deliver the fruit that satisfies GlobalGap standards to German customers.

More farming products are expected to be put on the platform in the time ahead, thus serving consumers both at home and abroad.

The Department of E-commerce and Digital Economy has supported Voso to create Vietnamese and English versions of its website.

Export turnover expected to rise over 21% in second half

In the last 6 months of 2021, export turnover is expected to increase about 21.7%, while the figure of the year’s plan is 4-5%, according to the Ministry of Industry and Trade.

Photo for illustration. (Source: VTV)

In addition, the ministry also forecast the production development index will increase 9% and total retail sales of goods and services will soar 7.1%.

Transporting export goods at Saigon Port in Ho Chi Minh city. (Photo: hanoimoi.com.vn)

The ministry said that so far, the development of industries and trade has basically followed the set growth scenario. Industrial production activities nationwide still maintained a decent growth rate amid difficult conditions due to the outbreak of the COVID-19 epidemic in some provinces and cities with large industrial parks.

Along with that, exports continued to maintain a high growth rate compared to the same period last year. So far, total retail sales of goods have reached about 38% of the year plan and exports have posted more than 44% of the year plan. The industrial production index is at a higher level than planned, with 9.9% in the first five months of the year.

Vietnamese firms invest over 21 billion USD in overseas projects

Vietnamese investors poured a total of 21.81 billion USD into 1,420 valid projects abroad during the opening five months of the year, VOV News quoted figures of the Ministry of Planning and Investment.

Photo for illustration. (Source: VOV)

Their numerous investment projects largely focus on mining and agro-forestry-fisheries sectors, with Laos, Cambodia, and Russia emerging as the top destinations for Vietnamese capital, making up the lion’s share with 23.7%, 13.1%, and 12.9%, respectively.

Total newly and additional investment capital abroad during the reviewed period reached 546.7 million USD, a three-fold increase in comparison to the same period from last year.

Of the total, there were 21 projects which received investment certificates with a total registered capital of 143.5 million USD, equivalent to 88.7% of the figure recorded during the same period last year.

Furthermore, local financiers adjusted investment capital for nine projects, with combined additional investment capital reaching 403.2 million USD, representing an annual rise of 21.4 times.

A major part of the capital outflow, approximately 271 million USD, was poured into the science and technology sector, followed by the wholesale and retail sector, the agro-forestry-fisheries sector and support services.

A total of 15 countries received investment from Vietnam during the first five months. The United States took the lead with 302.8 million USD, trailed by Cambodia with 89.1 million, USD Canada with 32.08 million USD, and France with over 32 million USD./.