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In globalization, cross-border shipping is a critical factor that allows businesses to expand their markets and enhance their competitiveness. By effectively leveraging this opportunity, Vietnamese sellers can grow their businesses and take advantage of international prospects.
According to a McKinsey report, digital technology can reduce order processing times by 50% and operational costs by 30%. Digitalization enables sellers to access data on supply and demand, inventory, and order status, fostering transparency and flexibility to respond quickly to market fluctuations.
Utilizing AI, blockchain, and IoT to track and optimize cargo shipping is critical for sellers looking to scale their operations and maintain service quality—technology aids in automating order management, minimizing errors, and enhancing customer experiences.
Thanks to supply chain digitization, the number of Vietnamese products sold on Amazon has surged by over 300% in the past five years. Gijae Seong, the CEO of Amazon Global Selling Vietnam, stated that adopting technology ensures orders are processed efficiently and securely.
Solutions like cargo insurance, trade credit, and other financial tools help mitigate risks and ensure stable cash flow. For small and medium enterprises, implementing appropriate financial solutions is crucial for maintaining sustainable operations and expanding into international markets.
According to statistics from the General Department of Customs, the country's total export value in 2023 reached 354.67 billion USD. Specifically, in December 2023, the value of exported goods was 31.47 billion USD, an increase of 1.1%, equivalent to 343 million USD compared to November 2023. This increase demonstrates the attractiveness of Vietnamese goods in the international market.
Associate Professor Dr. Tran Minh Tuan, Director of the Department of Digital Economy and Digital Society, shared at the "2024 Cross-Border E-Commerce Forum" that the Ministry of Information and Communications (MIC) will promote e-commerce and cross-border e-commerce through various policies.
Firstly, the Ministry will ensure postal infrastructure, a crucial element in implementing e-commerce and cross-border services. Secondly, the Ministry will develop digital, telecommunications, and digital transmission infrastructure while ensuring information security. Thirdly, the Ministry will focus on training the population in digital skills.
The Prime Minister introduced these policies in Decision No. 36/QD-TTg, approving the Information and Communications Infrastructure Planning for the 2021-2030 period, with a vision extending to 2050.
>> Learn more: Cross Border Shipping from Vietnam: How to Ship from Vietnam
EFEX is one of the top companies in cross-border shipping, providing optimal solutions for businesses and individuals worldwide. With over ten years of experience in logistics and import/export, EFEX continuously innovates and improves service quality to meet the increasing global market demands.
EFEX utilizes advanced carrier management technology through the Ship4P platform, which helps optimize processes and automate order journey management. The company ensures accurate and rapid order tracking by integrating fulfillment systems in Vietnam, the USA, and Japan while enhancing order processing efficiency.
With ten years of experience, EFEX deeply understands legal regulations and international customs procedures, ensuring fast and effective handling of legal requirements, minimizing risks, and facilitating smooth clearance.
EFEX operates with a professional and transparent system, ensuring that goods are transported safely and on time. The company offers a comprehensive technology and service ecosystem from A to Z, supporting international sales, including marketing, shipping, warehousing, and legal procedures. Customers highly rate EFEX's shipping services to the USA for their speed and reasonable costs.
EFEX's Warehousing in the USA
EFEX stands out with its technology platform that supports international sales from A to Z, including sales, marketing, shipping, warehousing, and business procedures. This simplifies processes and optimizes operations, saving time and costs.
With EFEX, customers can be completely assured of service quality, as EFEX is committed to providing safe, fast, and professional solutions in the global business environment.
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