Da Nang launches city's electronic trading platform

The Da Nang Department of Industry and Trade launched an electronic trading platform at the address danangtrade.com.vn on May 9, in a bid to provide local enterprises with a solution to promote and sell their products.

At the ceremony to launch the electronic trading platform
At the ceremony to launch the electronic trading platform

The platform also aims to facilitate Da Nang enterprises, particularly small and medium-sized enterprises, in connecting with service providers and dealing with their demand for materials, machinery, technologies, finance, legal consultancy and corporate governance.

Deputy Director of Da Nang Department of Industry and Trade Nguyen Ha Bac said that Vietnamese enterprises, particularly small and medium-sized enterprises, have yet to take full advantage of electronic trading, while having limited information on markets, partners and customers, as well as loose connections between enterprises of the same industry.

He expressed his belief that the platform would provide a modern, professional and friendly trading solution, contributing to introducing the products, services and brands of Da Nang enterprises to their partners and consumers.

Almost all of the enterprises in Da Nang use emails during their transactions and information exchanges, including over 30% of enterprises that frequently use emails during their purchasing contracts and the remaining enterprises use emails in information exchanges and customer care.

Many enterprises in Da Nang also have their own websites, thus the electronic trading platform will create favourable conditions for local enterprises to connect and promote their products via an online environment.