HCMC – Vietnam and Singapore have launched their first B2B e-commerce platform, offering numerous advantages such as unrestricted trading and labor sourcing, multi-currency payment options, and intelligent connectivity.
On August 1, the Vietnam-Singapore Sustainable Trade and Innovation Forum took place at the Singapore Manufacturing Federation (SMF) headquarters, marking a new milestone in digital economic cooperation and green transition between the two countries.
The highlight of this trade promotion event was the launch ceremony of the first bilateral Vietnam-Singapore B2B e-commerce trading platform.
The platform Vietnamsgp.arobid.com, developed by Arobid and Ecohud, integrates artificial intelligence (AI), big data, 3D virtual exhibitions, and market behavior analytics to help businesses from both countries find partners, sign contracts, and showcase products in a digital space.
Vietnam’s Ambassador to Singapore Tran Phuoc Anh emphasized that with the newly launched platform, businesses on both sides can simplify cross-border transactions and procurement, leverage intelligent data, and promote trade activities that are not only faster and smarter but also greener and more equitable.
Evaluating the launch of the first Vietnam-Singapore B2B e-commerce platform as a strategic move, Anh expressed three key expectations.
First, he hopes this effort will help achieve the target of US$30 billion in trade turnover between Vietnam and Singapore before 2028.
Second, he anticipates deeper and smoother market penetration of Vietnamese products into Singapore and, from there, expansion to the global market.
Third, he aims to elevate the international stature of Vietnamese firms, exporters, and Vietnam’s trade with the world.
Speaking at the event, Lennon Tan, chairman of SMF, affirmed that the economies of Vietnam and Singapore naturally and positively complement each other.
The launch of the Vietnam-Singapore B2B e-commerce platform offers numerous advantages, including free trading and labor sourcing, multi-currency payment options, intelligent connectivity, integrated logistics, and dispute prevention.
