Sustainable supply chains to help reinforce foothold of Vietnamese goods
Sustainable domestic supply chains help businesses improve competitiveness against foreign rivals and retain consumer trust, thus sustaining growth in domestic and foreign trade of Vietnamese goods.
A space for Vietnamese goods at a supermarket (Photo: VNA)
HCM City (VNA) – Sustainable domestic supply chains help businesses improve competitiveness against foreign rivals and retain consumer trust, thus sustaining growth in domestic and forei🦄gn trade of Vietnamese goods.
Vu Van Phuong, a representative of the organising board of the high-quality Vietnamese goods survey 2024, said survey results show that traditional retail channels, especially specialised shops, groceries, and authorised stores, still dominate the supply of most consumer products. Distribution channels are flexible to new selling methods like via social media as well as to non-cash payment via e-wallet or online money transfer.
Online shopping has continued to grow strongly in Vietnam’s retail market, he said, noting that to meet demand, sellers have boosted livestream selling – a method expected to boom in the time ahead.
The Ho Chi Minh City Department of Industry and Trade reported that with a growth rate of 37% in e-commerce revenue, this city boasts the largest and fastest-growing e-commerce market in Vietnam.
In 2023, HCM City posted the biggest e-commerce sales – 6.2 billion USD, equivalent to 29% of the total nationwide. Meanwhile, the sales as calculated according to stores’ locations reached 4.7 billion USD to account for 23% of the total, statistics show.
E-commerce revenue increased, but the number of online sellers declined 18.52%, indicating that the e-commerce market is becoming more selective and witnesses fiercer competition as consumers prioritise reputable sellers. Therefore, it will be hard for those without appropriate strategies to survive in the market, the department said.
Tran Kim Yen, President of the Vietnam Fatherland Front Committee of HCM City and deputy head of the local steering board for the “Vietnamese people prioritise Vietnamese goods” campaign, said that one of the focal measures the steering board is promoting is to develop sustainable Vietnamese goods supply chains that must be truly modern, transparent, safe, and efficient.
The businesses involved in those supply chains must uphold the spirit of transparency, responsibility, honest production, and honest distribution, she noted.
The formation of such supply chains for Vietnamese goods will provide a prerequisite for building proper production orientations and improving goods quality so that made-in-Vietnam products will become able to compete with imports and enter demanding foreign markets./.
Amid global uncertainties, the continued maintenance of macro-economic stability will form an important foundation for Vietnam to achieve next year’s growth target, said General Director of the General Statistics Office (GSO) Nguyen Thi Huong.
After successfully conquering international markets, many businesses have returned to conquer the domestic market as more and more customers choose to buy Vietnamese products.
A week-long event to honour Vietnamese products was launched at the Carrefour hypermarket in the Westfield Carré Sénart shopping centre in Seine-et-Marne province, Île-de-France, on February 7.
Vietnam's export earnings in January posted a year-on-year rise of 42% to about 33.6 billion USD – the highest monthly turnover since April 2022 when the figure stood at 33.26 billion USD, reported the Ministry of Industry and Trade (MoIT).
The Business Association of High-Quality Vietnamese Products on March 14 held a ceremony in HCM City to announce and award certificates to 529 high-quality Vietnamese businesses in 2024.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
A space for Vietnamese goods at a supermarket (Photo: VNA)
