Phần 6: Vietnam remains strategic choice for int'l buyers | Vietnam Today
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Vietnamese enterprises are working to form a complete fashion supply chain from raw materials and manufacturing to distribution and logistics.
This has led to 15 business matchmaking meetings showing an increasing presence of domestic firms in the supply chain.
The fashion industry must go beyond manufacturing to managing production, raw materials and supporting industries.
A system strengthened by digitalization, automation, and AI.
Notably, more US retail corporations and enterprises still come to Vietnam despite the 20% tariffs.
We are already exporting to three US companies and are now trying to negotiate with a few more buyers there.
International buyers note that orders are shifting strongly towards Vietnam.
Meanwhile, international distribution corporations are planning to expand access from Vietnamese products into global retail systems.
European markets, especially France, have high product quality and supply chain transparency standards.
Many Vietnamese businesses can meet those requirements.
We're organizing meetings to bring buyers from Thailand in October will take this group of businesses to connect with French supermarket chains.
The Ministry of Industry and Trade said 450 international buyers joining 8,000 direct meetings have opened up opportunities for thousands of made in Vietnam products to integrate into foreign retail networks.
We have informed Vietnamese businesses of countries with trade barriers and potential alternative markets,
hoping that they will have better insights into foreign markets.
With positive feedback from international buyers and contracts about to be signed, the Ministry of Industry and Trade is confident that this year's goal of 12% trade growth is entirely feasible.