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Amazon, channel for Vietnam’s apparel to enter EU

By Minjun ParkVietnam
1 min read
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In this article (5)

Amazon, leading online shopping channel, has the potential to become a window for Vietnamese textile and garment products to gain access to European Union market. This was stated in Hanoi at a seminar, organised by Vietnam Textile and Apparel Association. Vietnamese businesses got advice on e-commerce by experts from Germany’s Vorwarts company at the event.

Vorwarts CEO André M. Åslund said the quality of Vietnam’s garment products satisfied EU consumers. Many enterprises in Vietnam and Asia were selling their products to the EU via intermediaries or outlets. However, if products are sold on Amazon, intermediaries will not be needed, leading to reduction in cost and improvement in Vietnamese apparel’s competitiveness in EU markets, according to Vietnamese media reports.

Up to 76 per cent of consumers use mobile phones to shop online, and 50 per cent of mobile phone users shop via Amazon, Åslund said.

Noting that consumers’ behaviours were changing, he said instead of solely depending on products’ prestige, their interest and trust were now also framed by other factors such as product review and description, and other consumers’ assessment, the reports said.

Therefore, businesses should pay more attention to quality information provision and product quality to get good assessments. Those evaluations will encourage EU consumers to buy Vietnamese products, Åslund said.

However, businesses must comply with regulations of EU markets and improve product design to meet consumers’ taste. Once consumers are satisfied, they will introduce products to others, he said.

Questions & Answers

Q.

Which company advised Vietnamese businesses on e-commerce at the seminar?

A.

Experts from Germany’s Vorwarts company provided advice on e-commerce to Vietnamese businesses at the seminar. The company's CEO, André M. Åslund, was present and shared insights.

Q.

What is the main benefit for Vietnamese apparel businesses using Amazon to reach the EU market?

A.

Selling products directly on Amazon eliminates the need for intermediaries, which reduces costs for businesses. This improves the competitiveness of Vietnamese apparel in EU markets, according to media reports.

Q.

What factors influence consumer interest and trust in products, according to the expert?

A.

Consumers' interest and trust are now framed not only by product prestige but also by product reviews, descriptions, and assessments from other consumers. Businesses should focus on providing quality information and ensuring product quality.

Q.

What proportion of mobile phone users shop via Amazon?

A.

According to André M. Åslund, 50 per cent of mobile phone users shop via Amazon. This highlights the platform's reach among online shoppers using mobile devices.

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