HCM City (VNA) – The Vietnam International Sourcing Expo 2024 opened in Ho Chi Minh City on June 6.
Deputy Minister of Industry and Trade Phan Thi Thang said the event aims at helping enterprises better integrate into global production and supply chains, as well as promoting foreign distributors' and importers' connectivity with domestic producers and exporters.
It is held in the context that Vietnam is making strong moves to become a global production hub able to supply various kinds of quality goods at competitive prices for the world, she said, adding as many groups, retailers and wholesalers are pushing ahead with their business diversification strategies, Vietnam is seen as a strategic destination in their global supply chains.
As many as 600 Vietnamese enterprises are showcasing their export-qualified products at the event, including processed food, garments and textiles, fashion accessories, sportswear and equipment, household goods, home décor, and products of supporting industries.
The three-day event draws an unprecedentedly large number of leading global distribution and import companies such as Aeon and Uniqlo (Japan), Walmart, Amazon and Safeway (the US), Falabella (Chile), Carrefour and Decathlon (France), Central Group (Thailand), Lotte (the Republic of Korea), Coppel (Mexico), Miniso (China), IKEA (Sweden), and LuLu (the UAE).
Various business-to-business activities and field trips have been arranged to create favourable conditions for participants to seek partners and sign contracts.
♈ Forums and conferences are also scheduled on the sidelines of the event, helping enterprises improve capacity and develop sustainably when they move to reach global markets./.
The anticipation is growing as VIPREMIUM, the premier sourcing fair for premium products, gears up for its grand showcase in Ho Chi Minh City. With a staggering lineup of over 200 booths and an impressive turnout of 15,000 visitors from last year, VIPREMIUM has established itself as the go-to event for industry players seeking top-tier business opportunities.
The Global Sourcing Fair Vietnam 2024 hosted by Global Sources kicked off in Ho Chi Minh City on April 24 with the participation of over 400 Vietnamese exhibitors and those from other Asian nations who are showcasing over 20,000 export-standard products across various industries.
As the demand for Vietnamese agricultural products and processed foods is rising, Japan’s retailer AEON TopValu will seek suppliers for its supermarket chain Aeon at the Vietnam International Sourcing 2024, which is slated for June 6-8 in Ho Chi Minh City.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
