Overseas Vietnamese businesses support to promote export

Friday, 03/06/2022 18:10
A seminar was recently held by the Ho Chi Minh City (HCMC) Committee for Overseas Vietnamese Affairs to discuss the role of overseas Vietnamese businesses in introducing and developing distribution channels for Vietnamese goods in foreign markets.

Overseas Vietnamese businesses donate 27 tons of goods and 10,000 masks to Ho Chi Minh City

At the seminar (Photo: baoquocte.vn)

The event was an opportunity for overseas Vietnamese businesses to share their experience and propose solutions to help Vietnamese goods gain a firm foothold in the international market.

Speaking at the event, Mr. Nguyen Ho Hai, Deputy Secretary of the HCMC Party Committee, highlighted the significant role of Vietnamese people living overseas in popularizing and distributing Vietnamese goods to foreign countries.

According to Prof. Nguyen Dinh Phu, President of the Vietnamese Entrepreneurs Association in the US, the Vietnamese business community not only develops the host nation’s economy but also helps accelerate international trade and investment, including the trade ties between Vietnam and the US.

Vietnamese enterprises ranked third among Asian businesses operating in the US with over 310,000 business facilities generating revenue of roughly 35 billion USD annually, he said adding they serve as a bridge to support Vietnamese enterprises participate in trade promotion activities, including fairs, exhibitions, and seminars.

He emphasized that the Vietnamese business community in the US also provides Vietnamese enterprises with useful information on US legal regulations concerning origin traceability, product quality, and design to minimize trade risks in the future.

Ho Van Lam, chairman of the Thailand-Vietnam Business Association, revealed that the association will continue to deploy trade exchanges in support of local businesses connecting overseas Vietnamese in Thailand, as well as introducing Vietnamese goods at trade fairs in the country.

Ms. Phan Thi Thang, Vice Chairwoman of the HCMC People's Committee, welcomed the initiatives of the delegates and recommended that the overseas Vietnamese community expand the scale of trade promotion activities, establish strategic links among distribution enterprises and producers, and strengthen connectivity to develop supply chains in the future./.