At the event in Hanoi on Thursday, Le Duc Anh from the Ministry of Industry and Trade said that businesses need to accelerate digital transformation and develop their own brands to keep up with the online shopping and payment trend:

"We need to work with infrastructure businesses, telecommunication service providers and solutions companies to promote the online shopping market. It’s also important to support delivery services, increase communications, and develop online transaction solutions. In the next five years, we intend to develop a platform to evaluate the credibility and performances of businesses," said Anh.

High on the agenda at the seminar were solutions for cashless payment, competitive edge of e-businesses, and ways to encourage consumers to engage in cashless payment.