Connectivity between domestic and foreign businesses bolstered
The event also aimed to bring practical opportunities to domestic businesses in exports, market development, and economic value enhancement.
At the “Business Matching Day”, representatives of five multinational groups and enterprises discussed the demand and criteria for selecting suppliers in Vietnam.
Direct meetings between purchasers and buyers offered an opportunity for each side to look for its partners and choose various goods and services.
Cu Duc Trung of Tomeco Mechanic-Electrical Company said “I hope such an event will be held more regularly to connect companies with each other and Vietnamese businesses can meet more foreign enterprises. This is also an opportunity for businesses to advance their products and introduce their capacity to the international market. Interpersonal meetings and exchange of goods will be more beneficial than purely online communications.”
Truong Gia Binh, Head of the Private Economic Research and Development Board and Deputy Chief of the Prime Minister’s Advisory Council on Administrative Procedure Reform, said Vietnam has negotiated and signed many new-generation trade agreements. This will offer an opportunity to have bigger market share but present challenges of fiercer competition.
“Connecting businesses and boosting international cooperation will help uncover issues Vietnamese enterprises are faced with and bolster the private economic sector. The practice can also help bring about legal and policy changes for private companies to speed up their development,” said Binh.
Related News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Import tax exemption to benefit domestic ITC industry
14:35 | 31/03/2023 Import-Export
Vietnam"s retail market proves attractive for foreign investors
15:50 | 27/03/2023 Import-Export
Businesses striving for green growth
16:20 | 15/03/2023 Import-Export
Latest News
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
More News
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export