Ministry of Industry and Trade accompanies and connects export trade for Southern enterprises

Implementing the National Trade Promotion Program in 2023, with the goal of promoting support for businesses to continue production and business, the Ministry of Industry and Trade assigned the Trade Promotion Department to coordinate with the Department of Industry and Trade, the Center for Trade and Investment Promotion of provinces and cities in the Southern region to organize the program "Connecting trade between suppliers in southern provinces and cities with export enterprises and trade promotion organizations".

The program takes place from July 12-16, 2023 in Ho Chi Minh City.

Speaking at the opening of the Conference, Deputy Minister of Industry and Trade Do Thang Hai shared that the world economy in the first 6 months of 2023 faced many difficulties and challenges, the Russia-Ukraine war lasted for a long time, global inflation, although it has cooled down, is still high, and tight monetary policy has strongly impacted economic growth, investment, and consumption.

Many major economies, including our country's important trade partners, have slowed down their growth, even falling into recession. Vietnam's import and export activities have also been affected and faced many difficulties.

In that context, the Ministry of Industry and Trade has been and is continuing to accompany localities across the country in general and provinces and cities in the Southern region in particular to promote trade and support market development for local products with strengths.

Kết nối giao thương giữa nhà cung cấp các tỉnh thành phía Nam với các doanh nghiệp xuất khẩu

Deputy Minister Do Thang Hai speaks at the Conference

“In the past time, the Ministry of Industry and Trade has assigned the Trade Promotion Agency to coordinate with relevant agencies to successfully organize Trade Connection Programs between Suppliers and export enterprises and trade promotion organizations in all three regions of the North - Central - South and most recently, 02 Trade Connection Programs in the Central - Central Highlands region and the North - North Central region were held in Da Nang and Hanoi in May and June 2023, respectively. The Trade Connection Programs supporting businesses in all regions of the country have had thousands of connections and direct exchanges and transactions with many domestic and international partners,” Deputy Minister Do Thang Hai emphasized.

Regarding the effectiveness of trade promotion programs, Vice Chairman of Ho Chi Minh City People's Committee Vo Van Hoan said that in the first months of 2023, geopolitical conflicts in some countries continued to develop complicatedly, fuel prices fluctuated rapidly, global inflation increased leading to a decrease in consumption trends; threats to food security, climate change, natural disasters, and epidemics in many places around the world have negatively impacted the export activities of goods of Vietnam in general and the City in particular, directly affecting the process of economic recovery and development of the whole country. Thanks to the effectiveness of strongly promoted trade promotion activities, the export turnover of goods continued to have an upward trend month after month compared to the previous month.

Conference on connecting trade between suppliers in southern provinces and cities with export enterprises and trade promotion organizations

“The 2023 conference connecting trade between suppliers in southern provinces and cities with export enterprises and trade promotion organizations is a practical solution to promote businesses to increase production, boost product consumption, introduce and promote typical export potential products of localities to international trade promotion agencies, importers, domestic and foreign export processing and purchasing agencies. This is an important multi-stakeholder connection platform, creating conditions for businesses to grasp the diverse tastes of many markets, access solutions to promote direct export of goods to foreign distribution networks, helping our export goods and products reach further in the international market, thereby participating more deeply in the supply chain and higher in the global value chain,” Mr. Vo Van Hoan emphasized.

In addition to the Conference on connecting trade between suppliers in southern provinces and cities with export enterprises and trade promotion organizations", within the framework of the program, from July 12 to July 16, 2023, at September 23 Park, Pham Ngu Lao Street (Pham Ngu Lao Ward, District 1, Ho Chi Minh City), the Trade Promotion Agency coordinated with relevant units to organize an exhibition area, introducing typical products, products with export potential of 18 provinces and cities in the southern region including: Ho Chi Minh City, Can Tho, Binh Duong, Binh Phuoc, Dong Nai, Long An, Tay Ninh, Tien Giang, Ba Ria - Vung Tau, Vinh Long, Dong Thap, Soc Trang, An Giang, Bac Lieu, Kien Giang, Tra Vinh, Ben Tre, Ca Mau.

The event attracted more than 300 suppliers, businesses, and manufacturers to participate, creating favorable conditions for businesses to directly promote their products to domestic consumers and international tourists; thereby having production and business plans to adapt to market trends.

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