Dong Nai businesses look for opportunities in US market
Over 150 manufacturing and export businesses attended a conference evaluating trade and investment opportunities in the US held in the Mekong Delta province of Dong Nai on January 28.
Over 150 manufacturing and export businesses attended a conferenceevaluating trade and investment opportunities in the US held in theMekong Delta province of Dong Nai on January 28.
Dao TranNhan, Vietnamese Minister-Counsellor for Trade in the US, highlightedincreasing access to the US market for Vietnamese goods, especiallyseafood and woodwork products.
Notably, four Vietnamesefruits—rambutan, dragon fruit, longan and litchi—have been allowed to beimported directly to the US market, while mango and star fruit areunder review for market licensing, he added.
According toDirector of Sourcing Services of Target Group in Vietnam Giovanni Rojas,there are vast possibilities for cooperation between Vietnamesesuppliers and his company. The group is currently importing Vietnameseapparel products and seeking to widen its collaboration with Vietnamesepartners.
Many US business representatives agreed that whileopportunities are abundant, the question is whether Dong Nai businessescan meet US market’s requirements on both quantity and quality.
According to data from the General Statistics Office (GSO), Vietnam’sexports to the US in 2014 reached 28.5 billion USD, up 19.6 percentyear on year.-VNA
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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.
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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.
