The series of events is an activity to actively implement the Project “Promoting Vietnamese enterprises to directly participate in foreign distribution networks until 2030” approved by the Prime Minister in Decision No. 1415/QD- TTg November 14, 2022.
The event series brings together 600 Vietnamese businesses with many diverse activities such as: Export forum “Connecting the international supply chain of goods”, specialized seminars on agricultural products, food, textiles, and clothing. furniture, trade connection activities with 300 distribution channels and international purchasing delegations from 60 countries and territories and the International Goods Supply Chain Connection Exhibition 2024 – Viet Nam International Sourcing Expo 2024 with A scale of 10,000 m2 for businesses, representing different sectors in the international supply chain, will be deployed at the same time at SECC.
Speaking at the opening ceremony of the Export Forum “”Connecting the international supply chain of goods” on the morning of June 6, Deputy Minister of Industry and Trade Phan Thi Thang said that 2023 and the first months of 2024 are a period of difficult and challenging times for the Vietnamese economy. However, with the synchronous and drastic leadership and direction of the Party and State leaders; the timely and effective involvement of ministries, branches and localities; With the outstanding efforts of the business community along with the effective support of the international community, Vietnam’s economy overcame difficulties last year, continued its recovery, grew and achieved positive results. remarkable results.
In 2023, Vietnam’s total import-export turnover will reach more than 681 billion USD, of which exports will reach 354.7 billion USD and imports will reach 326.4 billion USD. The trade balance of goods in 2023 has a surplus of 28.3 billion USD. In 2023, there will be 35 items with an export turnover of over 1 billion USD, and 7 export items with an export turnover of over 10 billion USD. In the first 5 months of 2024, exports are estimated to reach 156.5 billion USD, up 15% over the same period last year.
Notably, exports to markets with trade agreements (FTAs) all had a positive recovery. New generation FTAs such as CPTPP, EVFTA and UKVFTA along with a series of bilateral and multilateral FTAs that Vietnam has previously signed and implemented have created a large market network, becoming a driving force for businesses. , Vietnam’s industry boldly steps into the world. In 2023, Vietnam’s total export turnover to FTA-signed markets will reach 230.5 billion USD, accounting for nearly 65% of Vietnam’s total export turnover.
“To achieve those outstanding achievements, we cannot help but mention the important and positive contributions of export market development and trade promotion activities with drastic and effective implementation. Many solutions to support foreign trade, applying many new and appropriate forms of promotion, ensuring circulation, timely supply of essential goods and promoting import and export“, Deputy Minister Phan Thi Thang assessed.
Therefore, according to the Deputy Minister, the Export Forum, along with other forums, seminars, trade connection activities and the International Goods Supply Chain Connection Exhibition (Vietnam International Sourcing Expo 2024) is a series of events aimed at Effectively support businesses in their efforts to participate more deeply in the global production and supply chain, adapting to the trend of international economic integration. The series of events not only helps promote exports and develop important markets but is also a place for businesses to meet, learn and exchange experiences.
“Hopefully many agreements and commercial transactions will be successfully signed at the event, attendees will meet many partners, customers and have more business ideas suggested after the performances. forums, seminars,… so that Vietnam International Sourcing 2024 becomes a prestigious business meeting place for businesses, contributing to bringing Vietnamese goods and products to reach the global market“- Deputy Minister Phan Thi Thang believes.
Also at the forum, Mr. Nguyen Van Dung, Vice Chairman of the City People’s Committee. Ho Chi Minh said that, as an economic engine, Ho Chi Minh City always actively and proactively participates in the process of international economic integration, promoting digital transformation, developing green economy, circular economy; Focus on synchronously implementing many solutions to support removing difficulties and obstacles for businesses and investors, helping businesses quickly recover and develop production and business after the Covid-19 pandemic.
In addition, the City has actively issued many mechanisms and policies to support businesses, the City transformed production models, increased the application of modern technology associated with the orientation of green production, green export, contributing to improving the competitiveness and position of Vietnamese export goods in the international arena.
“The Export Forum program organized by the People’s Committee of Ho Chi Minh City assigned by the City Trade and Investment Promotion Center (ITPC) is an annual program that has been recognized by the City’s business community. The city has been well received and received many positive reviews as an important information channel to support export orientation for businesses.”,- Mr. Nguyen Van Dung assessed and said that the city has and is continuing to issue many solutions and mechanisms to support businesses in innovation, creativity, digital transformation and green transformation. The City affirms that it will continue to accompany and support businesses to overcome difficulties and challenges in the context of the export market facing many risks and will assign the City Trade and Investment Promotion Center to research. , proactively coordinate with Departments, Departments – Ministry of Industry and Trade and promotion units, domestic and foreign business associations to organize more practical export promotion activities, meeting the needs of market expansion. export market of businesses, helping businesses participate deeply in the international supply chain of goods.
At the forum, delegates presented consumption trends in North America, restructuring of the international supply chain and Vietnam’s role in the current context; Cross-border e-commerce, a launching pad to bring Vietnamese goods to the world; Amazon Middle East – Potential market for Halal products; Exploiting export potential to Latin American markets; Competitive advantage of Vietnamese products in the textile and garment supply chain; Challenges in exporting to the EU market and necessary recommendations in the context of many markets increasing the application of regulations on green transformation and sustainable development; The active transformation process of businesses to adapt to new standards of sustainable development while participating in international supply chains.
The event took place in the context that in recent years, Vietnam has been transforming strongly to become a major global manufacturing center with the ability to supply the world market with many diverse and abundant products. in type, competitive in price and with ever-improving quality. At the same time, after the pandemic and recent geopolitical-economic instability, many corporations and retail/wholesale distribution channels are promoting diversification strategies, ensuring sustainable and selected supply. choose Vietnam as a strategic location in their global supply chain.
Viet Nam International Sourcing Expo 2024 is highly appreciated by experts and businesses for its professionalism and meticulousness in organization. The businesses selected to introduce to importers, distribution groups and international purchasing groups are all businesses that have achieved international certificates and have high quality products in Vietnamese industries. has strengths and needs international distributors and retailers such as: Food, Textiles, Shoes, backpacks, bags, Sports and picnic goods, Household appliances and furniture, Supporting industries support… The event promises to attract 10,000 visitors, transactions with 300 distribution channels, importers, and reputable industrial corporations from 60 countries and territories. The organizing committee also coordinated with local Departments of Industry and Trade to send purchasing teams to survey businesses in some localities.
In particular, the series of events recognizes the participation of the Vietnam Trade Office system/branches of the Vietnam Trade Office abroad. According to the implementation plan, Trade Departments and Trade Office branches have widely promoted Vietnam International Sourcing 2024 to importers, distribution channels, and foreign business associations to invite international purchasing delegations. International organizations participate in a variety of forms appropriate to the host country (direct or electronic communication, through trade promotion channels, networking…). Under the direction of the European – American Market Department and the Asia – African Market Department, Vietnam Trade Offices and branches abroad have proactively and actively searched, contacted and worked mobilize and invite purchasing delegations, import enterprises, and distribution enterprises from the host country to Vietnam to participate in the series of exhibition and seminar activities mentioned above.
|
During the 3 days of Vietnam International Sourcing 2024, useful seminars and trade connections will be held throughout, with the participation of large corporations, typically Aeon, Uniqlo (Japan). ; Walmart, Amazon (USA); Falabella (Chile); Carrefour, Decathlon (France); Central Group (Thailand)… The notable point of this year’s series of events is the attention of mid-level buyers, who are purchasing experts from specialized supermarket systems, convenience stores, discount stores, and chains. Supermarkets serve Asians, trading companies specialize in importing to supply specific industries, coming from many new markets such as South America, the Middle East and Eastern Europe. In addition, businesses participating in the event will have the opportunity to connect B2B trade with large distribution corporations and international purchasing groups according to time frames arranged by the Organizing Committee on the basis of registration. via the event website. It is expected that there will be about 2,000 direct B2B connections, connecting Vietnamese businesses and international distribution channels and buyers. |
According to the Ministry of Industry and Trade
