Tiếng ViệtAccording to a report by Google, Temasek and Bain & Company in 2022, the leading digital economies in Southeast Asia account for US$200 billion in total value of transactions, an increase of 20% compared to 2021. Southeast Asia’s online economy is also expected to reach $1 trillion by 2030.
E-commerce in general and the cross-border segment in recent years have shown strong growth in both Vietnam and Southeast Asian countries. In particular, online transactions across countries gradually show an important role in strategy, business and export activities, helping to increase revenue and brand popularity in the market.
In addition, this field is currently also being focused by the governments of ASEAN countries, supporting and easing trade restrictions, implementing new initiatives. For example, with the ASEAN transit e-commerce system, allowing operators to move goods across borders with a single document.
This will help businesses limit paying other tax lines when goods enter or exit. Along with that is the Regional Comprehensive Economic Partnership and trade cooperation agreement, which promises to be a lever to promote and support cross-border e-commerce to grow rapidly.
Although considered a potential field, expected to have rapid growth, the transnational e-commerce industry still has some challenges. In order to achieve sustainable growth, not only in terms of good products, but businesses must have a deep understanding of the world market situation. At the same time, they must also connect with reputable cross-border export and transportation service providers to own a long-term, effective and appropriate business growth strategy.
International freight and logistics are one of the important activities that directly affect the export of goods. In particular, logistics plays a decisive role in shaping the buyer’s experience and satisfaction about the business on issues such as the time to receive the goods.
Finding a reputable logistics service provider partner will help the company optimize investment resources, reduce shipping costs, complete orders, shorten shipping time… At the same time, risk problems Transport risks as well as unwanted violations in the intended markets are also minimized.
Grasping the cross-border transportation needs of Southeast Asian companies, many logistics “big guys” have invested in establishing service networks to meet the needs of partners. To date, the ASEAN states have formed the first road network specializing in the distribution of international freight services on the market.
Service providers with a rich and strong Logistics ecosystem can move goods back and forth more quickly between Singapore, Malaysia, Thailand, Vietnam, Myanmar and China.
Strong logistics groups and financial resources such as Sinotrans, DHL Global Forwarding, etc. have already invested in a bonded warehouse system and built a service network in China and Southeast Asian countries. These investments contribute to the completion of a dedicated, cross-border shipping network for buyers in the region.
Not only investing in completing the cross-border transport route, businesses also build a system of bonded warehouses to store goods, arrange a team of native staff to support customs clearance procedures at border gates. Their methodical investment can also help businesses create a comprehensive supply chain model, creating favorable conditions for businesses to grow in business activities and better connect with customers through different channels. intermediate.