"Check Product Information by Phone" Government Proposes Distribution and Logistics Cooperation to Vietnam

'Korea-Vietnam Director-Level Distribution and Logistics Policy Consultation' Held
Ministry of Trade, Industry and Energy Proposes 'KPS' Introduction...Check Korean Product Information via Barcode Recognition on Mobile App

[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy held the 'Korea-Vietnam Director-General Level Distribution and Logistics Policy Consultation,' a public-private joint policy forum to discuss the development of distribution and logistics between Korea and Vietnam, via video conference on the 9th.

The event was attended by Cheon Young-gil, Director of the SME Policy Division at the Ministry of Trade, Industry and Energy, Tran Duy Dong, Director of the Domestic Market Department at the Ministry of Industry and Trade of Eastern Vietnam, and over 50 key institutions and experts related to distribution and logistics from both countries. Both sides shared a vision for cooperation to develop the distribution and logistics industry after COVID-19.

Our side emphasized that with the rapid changes in the distribution and logistics environment, such as the expansion of online and non-face-to-face consumption after COVID-19, new visions and strategies are crucial.

Director Cheon Young-gil of the Ministry of Trade, Industry and Energy stated, "Global distribution networks are being integrated centered on online platforms," and emphasized, "Global cooperation is more important than ever to activate cross-border e-commerce and protect consumers."

He then proposed to the Vietnamese side to newly proceed with the 'Korea Product Scan (KPS) pilot project' to activate e-commerce between Korea and Vietnam. KPS is a service that helps consumers recognize product information contained in the international standard barcode of specific products through mobile applications, etc., delivering detailed information of Korean products imported into Vietnam and verifying whether they are counterfeit products.

Additionally, over 50 government officials and experts from the economic departments of both Korea and Vietnam gathered via video conference to share and inquire about policy statuses in various industrial fields, including distribution and logistics.

Our side introduced topics of interest to Vietnam such as ▲the development status of Korean outlets ▲trends in the electronic cigarette market ▲logistics-related policies. The Vietnamese side introduced the impact of e-commerce on the development of their distribution and logistics industry and proposed to review ways for future cooperation between the two countries.

This content was produced with the assistance of AI translation services.