Southern businesses enhance connection in goods supply
Nearly 280 contracts on goods supply were signed by businesses in the south during a conference to promote supply-demand connection held in Ho Chi Minh City on December 23.
HCM City (VNA) – Nearly 280 contracts on goods s𓃲upply were signed by businesses in the south during a conference to promote supply-demand connection held in Ho Chi Minh𒁏 City on December 23.
The event was part of trade linking activities among localities in the region towards meeting demand for commodities during the Tet (Lunar New Year) 2016.
Previously, the HCM City Department of Industry and Trade organised five market-finding tours for local merchants, suppliers and enterprises to the Mekong Delta provinces of An Giang, Soc Trang, Ben Tre, Dong Thap and the Central Highlands province of Lam Dong.
According to a representative from the Department of Industry and Trade of Ninh Thuan province, the supply-demand connection between HCM City and localities in the southeastern and southwestern regions has proven effective, helping promoting production and business.
The model will create opportunities for localities to sell their products in modern distribution systems in big provinces and cities.
Thanks to it, Ninh Thuan’s commodities such as grape, apple, and garlic have been sold nationwide, he added.
The HCM City department said that after four years, the connection programme attracted the participation of over 30 localities in the two regions, with nearly 1,000 contracts of good supply and consumption being signed. Of the number, nearly 900 contracts worth 20 trillion VND (889 million USD) were performed.
Deputy Minister of Industry and Trade Do Thang Hai asked industry and trade departments of southern provinces and cities to continue their close coordination and create favourable conditions for enterprises to boost connections.
Producers should focus on improving product quality and designs to meet demands of domestic and foreign markets, he noted.-VNA
Enterprises in Ho Chi Minh City and other provinces have clinched more than 430 contracts with a total value of over 19 trillion VND since the city launched a supply-demand connectivity programme nearly three years ago, the Saigon Times Daily reported.
A conference was held in central Da Nang city on September 30 to discuss ways to boost links among localities to form goods production-consumption chains in the central and Central Highlands regions.
With its favourable transport network and infrastructure system, the Mekong Delta city of Can Tho has attracted more investment in trade and services, which is hoped to energise local economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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.