PM greets Alibaba Group CEO

PM Nguyen Xuan Phuc (R) and CEO of the Alibaba Group of China Jack Ma, Ha Noi, November 6, 2017 - Photo: VGP/Quang Hieu

PM Phuc expressed the pleasure to meet the CEO, speaking highly of Mr. Jack Ma’s talent, not only for Chinese people but also Asian ones. 

PM Phuc recommended CEO Jack Ma support to build a Vietnamese stall on Alibaba’s e-commerce application; provide training assistance for Vietnamese SMEs and micro businesses on application of e-commerce models. 

Moreover, Viet Nam expected that Alibaba would help Viet Nam to establish an ecosystem for peasants and small and medium shopkeepers to bring products to the outside world.

In reply, Chinese billionaire Jack Ma said that he expected highly for the tour to Viet Nam for the APEC meetings. 

The guest leader stressed that Viet Nam has progressed quickly over the last ten years. He also hoped to share his business start-up experience with Vietnamese youth. 

The CEO revealed that during two-day stay in Ha Noi, he realized that Viet Nam owns abundant potentials for e-commerce and technological development. He was convinced that scientific and technological development and e-commerce are new development paths for economic growth. 

The CEO proposed the Vietnamese Government implement policies which enable non-cash payment in order to cut transactional costs for businesses and develop e-commerce to generate more jobs. In addition, Viet Nam should  promote logistics; goods transportation; reform of customs apparatus; and promote trans-national commerce in B2C (Business-to-Customer) ecommerce./.

By Kim Loan