Hanoi encourages firms to sell to foreign distribution networks
Hanoi encourages firms to sell to foreign distribution networks
The Hanoi People's Committee has approved a project focusing on the development of export and import markets for sustainable growth.
Hanoi encourages the city's enterprises to actively participate in global production, supply, and distribution chains and sell their products directly to foreign distribution networks. This initiative builds upon Hanoi's strengths and competitive advantages in exporting goods.
A Vietnamese consumer buys Vietnamese lychees at an AEON supermarket in Japan. Photo: VNA |
The Hanoi People's Committee recently announced the 2024 implementation plan for the project "Encouraging Vietnamese Enterprises to Participate Directly in Foreign Distribution Networks by 2030".
The project focuses on developing export and import markets for sustainable growth. It encourages the city's enterprises to join global production, supply, and distribution chains and sell their products directly to foreign networks, capitalizing on Hanoi's strengths and export advantages.
In 2024, the city plans to provide market information to over 500 businesses and training and consultancy services to over 100 companies to improve their competitiveness and help them become part of the global value chain.
The project will help more than 100 companies build capacity to engage in cross-border e-commerce and organize more than 100 events to connect local companies with overseas distribution networks.
In addition, the Municipal People's Committee aims to support more than 80 products sold to foreign distribution networks.
To make the plan effective, the People's Committee will coordinate eight working groups responsible for organizing trade workshops, Vietnamese Goods Week events in overseas networks, and helping businesses showcase their products.
The city will also encourage businesses to conduct market research in different countries to understand market requirements and facilitate transactions with distributors.
In addition, the city will conduct business matching between Vietnamese enterprises and distribution networks owned by Vietnamese entrepreneurs living abroad.
Hanoi also proposes to develop policies and mechanisms to encourage the city's enterprises to develop distribution systems in foreign markets.
