The American Chamber of Commerce, HCM City Chapter on October 26 organised the Supplier Day 2016 for FDI manufacturers and local suppliers aiming at the growth of the Vietnam supply chain.
The American Chamber of Commerce, HCM City Chapter on October 26 organised the Supplier Day 2016 for FDI manufacturers and local suppliers aiming at the growth of the Vietnam supply chain. (Photo: VNA)
HCM City (VNA) – The American Chamber of Commerce, HCM City Chapter, on October 26, organised the Supplier Day 2016 for FDI manuf🐈acturers and local suppliers aiming at the growth of the Vietnam supply chain.
More than 60 enterprises, including Walmart, participated in the event where they discussed manufacturers' needs and requirements and how suppliers can meet those needs.
Around 140 appointments were conducted, compared to 100 carried out at last year's event.
"As suppliers, you need to invest in training and education, improve quality and manufacturing standards and increase efficiency to remain competitive and become innovative suppliers," said Frank Weiand, General Director of the company Supply Chain Services International.
Lee Hoang Dan, Indochina Procurement Manager of Coca Cola, said: "We prioritise suppliers that have female CEOs and managing directors and employ a large number of female workers as well as the disabled."
Milton D. Hagler, General Director of BriskHeat Vietnam, said he appreciated the advantage for manufacturers to have local suppliers.
"The ability to contact suppliers within the same time zone is invaluable as it is easier to communicate and have face-to-face meetings if desired," he said, adding that it offers lower delivery costs and easier site visits.-VNA
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Ho Chi Minh City are working to catch a new wave of investment from the United States as the Trans-Pacific Partnership (TPP) was sealed early this year.
US enterprises are considering Vietnam as a priority market in the ASEAN region for their business and investment expansion in 2017, according to he 2017 ASEAN Business Outlook Survey.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
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.
The American Chamber of Commerce, HCM City Chapter on October 26 organised the Supplier Day 2016 for FDI manufacturers and local suppliers aiming at the growth of the Vietnam supply chain. (Photo: VNA)
