Hanoi helps over 500 businesses join overseas distribution networks

Promoting businesses to directly participate in foreign distribution networks. Photo: hanoimoi.vn

The project focuses on developing export and import markets, ensuring long-term sustainable growth.

Accordingly, in 2024, the city will support market information for more than 500 businesses; support training and consulting for more than 100 businesses to improve their competitiveness and supply capacity to gradually participate in the global value chain; support over 100 businesses to build capacity to participate in cross-border e-commerce; organize more than 100 connections and transactions with foreign distribution networks; and support more than 80 products for direct export to foreign distribution networks.

The city People’s Committee will synchronously implement 8 groups of tasks and solutions. In particular, seminars will be organized to connect trade between manufacturing and exporting enterprises and foreign distributors. It will organize the Vietnamese Goods Week Program at foreign distribution networks; and help domestic businesses bring goods to display and introduce at Vietnamese Goods Week programs.

The city will actively send manufacturing and export businesses to survey markets in other countries to grasp market requirements and deal with distributors.

At the same time, the city will organize communication activities about the benefits of participating in the project, contributing to changing awareness and improving businesses' understanding of the model of direct participation in foreign distribution networks.

In addition, the city also researches and builds policy mechanisms to encourage Hanoi businesses to proactively develop distribution systems in foreign markets./.