With the financial crisis in 2008 and its negative consequence on traditional foreign trade and economic growth, China has adopted cross-border e-commerce as a new international business model. The purpose was to enhance international trade and sustain economic growth. However, despite the remarkable increase of cross-border e-commerce, China’s traditional international trade and economic growth have continued to grow slowly. This paper used the ARDL bounds test over the period 2005-2020 to examine the effect of China’s cross-border e-commerce on international trade and economic growth. The findings from our research indicate that in both the short-run and long-run, cross-border e-commerce has positively impacted international trade and economic growth in China. Therefore, in order to promote trade and economic growth, the government should continue to support the development of cross-border e-commerce.

Abstract. Vietnam, a developing country with the most energetic economy in Asia, has always been developing its foreign trade, which can not only help local enterprises gain access to sufficient market information, but also allow the exchange of such market information outside the network for the purpose of resource sharing. In this paper, we analyze the development of e-commerce in Vietnam's foreign trade based on the macroscopic market background, so as to put forward the strategy for solving the problems and further promote the development of Vietnam's foreign trade.