Vietnam develops links to global distributors

The Ministry of Industry and Trade will continue to work with large foreign distributors to promote exports of Vietnamese products.
Vietnam develops links to global distributors ảnh 1Illustrative image (Photo cafebiz.vn)

HCM City (VNA) - TheMinistry of Industry and Trade will continue to work with large foreigndistributors to promote exports of Vietnamese products.

The ministry’s European Market Department,which on May 26 held a meeting on implementing the programme “Developing DirectParticipation of Vietnamese Enterprises on Foreign Distribution System up to2020”, seeks to help Vietnamese firms develop new export channels to directlytake their products to consumers in foreign countries.

Dang Hoang Hai, head of thedepartment, said the ministry had co-ordinated with European distributors likeCasino (France), Metro Cash & Carry (Germany), Makro (Czech Republic), CoopItalia and Conad (Italy), to organise “Vietnamese products week” in EUsupermarkets to promote quality Vietnamese products there and connectVietnamese firms with distribution chains.

Around 10 “Vietnamese ProductsWeek” events have been held in the EU and Asia since 2011, which have helpedVietnamese firms export through foreign distribution channels, cut intermediarycosts and bring higher value, he said.

Tran Thanh Hai, deputy chairmanof Central Group Vietnam, said in recent years the Big C supermarket chain hadactively helped take Vietnamese goods worth tens of millions of dollars tosupermarkets in the EU.

After Central Group acquiredBig C, Central Group Vietnam and Big C have continued to implement manyprogrammes to promote and take Vietnamese products to overseas markets.

Central Group Vietnam and Big Cwill co-operate with the ministry to organise the second Vietnamese ProductsWeek in Thailand at the end of July to enable more Vietnamese products likehandicrafts, garment and textile, and farm produce like lichi, dragon fruitsand sweet potatoes to be exported to Thailand and other ASEAN countries, hesaid.

Nishitoghe Yasuo, generaldirector of Aeon Vietnam, said Vietnamese suppliers were constantly improving their productquality and 1,675 of them weresupplying his company.

Aeon has been very active inexporting Vietnamese goods through its 14,000 stores in Asia including Japan,he said.

The most popular of the productsare tra fish, textile and garment, andfootwear, he said.

Last year Aeon exported 200million USD worth of goods from Vietnam, with tra fish accounting for 9 million USDof that.

But Vietnamese firms continueto encounter difficulties in accessing foreign distribution systems because, tosell through modern trade channels, they need to ensure consistent quality,delegates at the seminar said.

Albin Bertand, the food marketmanager of Auchan Retail in Vietnam,said customers prioritised product price and quality.

Besides focusing on qualityassurance, Vietnamese producers need research trends in potential markets toidentify the right strategy for each market, he said.

Vu Kim Hanh, chairwoman of theVietnamese High Quality Product Business Association, said the key factors forVietnamese products to enter modern trade channels were quality and origintraceability.

In 2015 the Government approveda plan to help Vietnamese businesses directly participate in foreigndistribution networks.

It hopes to ensure Vietnameseproducts are directly sold through major distribution systems in countries inEurope, North America, Southeast Asia and Northeast Asia with which Vietnam hassigned free trade agreements.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.