Article by Steve
Despite a current internet penetration rate of only 15%, global experts are anticipating that over 30 million Vietnamese will be online by 2010. The implication is that e-Business and e-Commerce are poised for serious growth trends in Vietnam. A 4-year master plan was implemented for eBusiness development between 2006 and 2010 by the Prime Minister. Additionally, the National Assembly has passed legislation such as civil and commercial laws as well as an E-transaction law.
Numerous enterprises have begun implementing eBusinesses at various levels, as well as certain training institutions having implemented courses relative to eBusiness and eCommerce. In order to find suitable eBusinesses and to develop successful eBusiness techniques that will enhance international economic integration in Vietnam, it has become necessary to identify the following:
* conditions promoting eBusiness development* develop policies on the conducting of eBusiness* implement solutions that target eBusiness problems
In January of 2007, the Vietnam’s International Data Group and the Department of E-Commerce – Ministry of Trade held the Conference/Exhibition Vietnam E-Business Forum, referred to as “VEBIZ” to address the above concerns. The forum addressed the following key issues:
* assorted eBusiness services* challenges and opportunities of eBusiness* eBusiness laws and policies* emerging new eBusiness market trends* evaluating current situations within the Vietnamese eBusiness environment* payment and security systems for eBusiness
VEBIZ also featured exhibitions of various IT company’s eBusiness products, services, and solutions, as well as the latest global trends and solutions in the technology sector. Additionally, numerous government agency leaders were in attendance.
The Department of E-Commerce – Ministry of Trade presides over and participates in the creation, development, and submission of eBusiness legal documents, plans, projects, standards, and strategies relative to eBusiness and eCommerce. These would include:
* activities that support enterprises in the applications of eBusiness* assuming responsibilities for international cooperation on information technology that is relative to eBusiness/eCommerce* coordinates with numerous relevant agencies and organizations for the purpose of promoting and providing guidance regarding legal documentation pertinent to eBusiness* launching and operating a national eBusiness/eCommerce portal known as “ECVN”
The growing trend in Vietnamese eBusiness is relative to all of the above aspects and we now see Vietnam poised to make a significant impact in the online marketplace. The success of this impact will be determined by how well the Vietnamese eBusiness environment is predicated by how well the first three points above are identified.
Despite a current internet penetration rate of only 15%, global experts are anticipating that over 30 million Vietnamese will be online by 2010. The implication is that e-Business and e-Commerce are poised for serious growth trends in Vietnam. A 4-year master plan was implemented for eBusiness development between 2006 and 2010 by the Prime Minister. Additionally, the National Assembly has passed legislation such as civil and commercial laws as well as an E-transaction law.
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