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Announcing the cooperation between Fado.vn and Alibaba.com (03/20/2019)
In the morning of March 14, 2019, in Ho Chi Minh City, witnessed by representatives of the Ministry of Industry and Trade, media units, local enterprises, Alibaba.com officially launched a cooperation with Fado.vn.

With the aim of helping the Vietnamese business community to join the export trend through e-commerce channel, Fado signed a cooperation with Alibaba, to become an official partner of Alibaba to better support the Vietnamese enterprises when participating in trade through Alibaba.com.

This agreement opens a new trade channel to support Vietnamese enterprises, (especially small and medium companies that do not have enough professional, inexperienced export staff, who are not familiar with foreign markets ...) can actively offer products to other countries through Alibaba.com through the support at http://alibaba.fado.vn/

Alibaba.com is the leading e-commerce platform in the world today, through Alibaba.com, Vietnamese businesses can promote products to 260 million businesses buying goods in 240 countries and territories worldwide. world. Alibaba.com operates in B2B model (Business to Business), is a business model through Internet that helps connect businesses more than businesses to customers, after registering on the exchanges. B2B of Alibaba, businesses can offer, search for customers, place orders, sign contracts, pay through this system. Alibaba.com is a convenient bridge that helps both sellers and buyers to trade without having to meet each other, without having to spend time and effort and still achieve easy sales contracts. Alibaba will help companies find the type of product they need and the supplier.

According to the report of the General Department of Customs, the total value of imports and exports in 2018 of Vietnam reached about 482 billion USD. Through Alibaba.com, the value of exports from Vietnamese enterprises can increase even more when small and medium enterprises have the opportunity to participate in direct export. According to the General Statistics Office, in the summation 517,900 registered businesses, only about 10,100 large enterprises, accounting for a modest proportion of 1.9%. The number of small and medium enterprises (SMEs) accounted for 98.1%. Notably, 66% of them are SMEs that are super small, difficult to export directly.

Therefore, Alibaba.com first cooperated with a Fado Vietnam e-commerce platform to support and train cross-border e-commerce skills and knowledge in order to improve its greeting capacity. Online goods for Vietnamese businesses. This move is opening up for Vietnamese small and medium-sized enterprises with potential for online export potential.

Speaking at the ceremony, Mr. Nguyen Quang Huy, Deputy Director of the Southern Department of Industry and Trade said, according to the global trend, cross-border e-commerce has become an important channel for export. 32% of Vietnamese small and medium enterprises have established business relations with foreign partners via online channels (according to Vietnam E-Commerce Report). Joining B2B e-commerce platforms will help export businesses directly reach customers around the world, thereby expanding global market access opportunities, reducing contact-related costs. traditional trade ...

Also at the ceremony, Mr. Pham Dat, CEO of Fado, said that from the end of 2018, Fado signed with Alibaba.com to become an authorized partner of Alibaba.com in Vietnam to support and train businesses. Vietnam offers goods all over the world through Alibaba.com.

Fado is a pioneer in cross-border e-commerce platform in Vietnam. Thanks to extensive experience, and in-depth knowledge of e-commerce and online marketing operations, Fado will help businesses improve their online offering capabilities, along with a dedicated and dedicated team. , making trade with the world of enterprises become easier and more convenient. The cooperation between Fado and Alibaba brings great value to the SMEs business community and society, in the context of export is increasingly playing an important role in Vietnam's economy.

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