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The Impact of E-commerce in Vietnamese SMEs

Author

Listed:
  • Huu Phuoc Dai Nguyen

    (Óbuda University, Budapest, Hungary
    Can Tho Technical Economic College, Vietnam)

  • Thai Binh Dang

    (Thanh Do University, Hanoi, Vietnam)

Abstract

Vietnam, is one of the developing countries, which approaches new technology, especially Internet is extremely fast approximately 67.1% in the population in 2017. With the boosting of information technology, it creates a new environment and tool to reach the customers' requirement. The new and effective method of narrowing the gap between the distributors and clients is electronic commerce (e-commerce). E-commerce is one of the most innovative expansions of the technologies that enable small and medium-sized enterprise (SMEs) access to global communication and trade. It can help SMEs expand their businesses to global market and increase sales, reduce costs as well as profits. In order to explore the impact of e-commerce as a novel way to boost the development in Vietnamese SMEs, this paper investigated the benefits and barriers of SMEs in e-commerce. Therefore, a questionnaire survey was conducted to study the impact of e-commerce on SMEs in Vietnam. From the results of this survey, we strongly believed that e-commerce is the main key to bring a lot of benefits to not only SMEs but also big companies in Vietnam.

Suggested Citation

  • Huu Phuoc Dai Nguyen & Thai Binh Dang, 2017. "The Impact of E-commerce in Vietnamese SMEs," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 3(2), pages 90-95.
    • Handle: RePEc:men:journl:v:3:y:2017:i:2:p:90-95
    DOI: 10.11118/ejobsat.v3i2.106
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    References listed on IDEAS

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    1. Hooshang Beheshti & Esmail Salehi-Sangari, 2007. "The benefits of e-business adoption: an empirical study of Swedish SMEs," Service Business, Springer;Pan-Pacific Business Association, vol. 1(3), pages 233-245, September.
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    Cited by:

    1. Nguyen Xuan Trung & Dang Thai Binh & Dang Thi Thuy & Dong Thi Thuy Linh, 2019. "Research on the Application of E-commerce to Small and Medium Enterprises (SMEs): the Case of India," Business and Economic Research, Macrothink Institute, vol. 9(3), pages 102-113, September.

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    More about this item

    Keywords

    business; electronic commerce; e-commerce; SMEs;
    All these keywords.

    JEL classification:

    • D00 - Microeconomics - - General - - - General
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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