In just half a month, the event series “Connecting the international supply chain 2024” (Viet Nam International Sourcing 2024) will officially take place in Ho Chi Minh City from June 6-8, 2024. The event is organized to support businesses more effectively in their efforts to participate more deeply in the global production and supply chain, adapting to the current trend of increasingly deep international economic integration.

The leader of the European - American Market Department (Ministry of Industry and Trade) said that before the event "Connecting the international supply chain of goods 2024", many distribution systems and interested foreign enterprises have been sending requests about the products they need to connect and trade, among which many of the world's leading distributors and retailers have confirmed their participation in the event for the first time. "Distributors from all continents have high expectations for connecting with Vietnamese suppliers at the event series, with the desire to find more of Vietnam's strong products to put into the distribution and import-export system" - the European - American Market Department informed.

For the first time, China's leading retail chain brand - MINISO confirmed that it will participate in Viet Nam International Sourcing 2024. Illustrative photo

Accordingly, for the first time, China's leading retail chain brand - MINISO confirmed that it will participate in Viet Nam International Sourcing 2024 and wishes to search and connect with manufacturers and suppliers in the fields and industries: household appliances, cosmetics, food, toys, furniture, handicrafts...

After more than 10 years of development, MINISO has been present in 105 countries with more than 6,400 stores, including the US, UK, Canada, Australia, Spain, UAE, India and Mexico markets... and distributed products to more than 1 billion customers across all continents.

"We will send senior representatives to look for sustainable partners through Viet Nam International Sourcing 2024. From there, sign direct contracts with Vietnamese suppliers, aiming to achieve the goal of purchasing large quantities of consumer product groups" - MINISO brand representative expects and specifically informs the items that this brand needs to purchase and connect with: Room slippers, combs, beauty tools, plastic cups, plastic storage boxes, plastic toys, stationery, perfume, stuffed animals... to distribute to more than 1 billion customers of the chain system around the world.

Also according to information from the European - American Market Department, following the success of the 2023 event, the Northern European business delegation has continued to confirm its participation in the Viet Nam International Sourcing 2024 event with a larger number of businesses and a wider variety of products sought. In 2024, the Northern European business delegation has a need to search for and connect with Vietnamese businesses in the fields and food groups: Rice; chewy dry pho noodles for stir-frying; canned pineapple; canned young corn; spring rolls; logistics businesses making mixed goods...

In addition, regarding the household goods group, the Nordic business delegation also needs to learn about connecting with Vietnamese manufacturers and international manufacturers in the following industries: Production of acacia wood, oak wood and other types of wood (in which FSC certification - a voluntary standard, developed by the Forest Stewardship Council (FSC) with the aim of promoting responsible forest management globally. is mandatory); ceramic wood suppliers; glass manufacturers; toy manufacturing facilities for Christmas... "All suppliers must be BSCI certified (Business Social Compliance Standards) or SQ8000" - the Nordic business delegation requested.

Providing more information about the regulations of the Nordic market, Ms. Nguyen Thi Hoang Thuy, Trade Counselor of the Vietnam Trade Office in Sweden and concurrently in charge of the Nordic countries, shared that at the end of the event "Connecting the international supply chain of goods 2023", large corporations in the field of furniture and household goods in the Nordic market such as: FH (Denmark), IKEA (Sweden), or key enterprises importing Asian food such as Scanesia (Norway), East Asia (Sweden) ... have more or less had a more positive view of the Vietnamese market in general and Vietnamese exports in particular. Thanks to that, a number of contracts were signed right after the fair. Many new products were introduced to the market from frozen Vietnamese bread to shredded green papaya ...

At the 2024 event, Nordic businesses continued to be interested in finding suppliers of food and wood products in Vietnam. However, Ms. Nguyen Thi Hoang Thuy noted that for food products, food businesses, products must not only meet mandatory EU requirements such as: Product safety, pesticide residues, etc., but also meet very strict requirements of buyers such as environmental certifications, social responsibility, etc.

“ In general, for all product groups, the trend of more sustainable and responsible production and business is increasingly of interest. This trend is related to many aspects in the supply chain, including working conditions, water use, waste management, emission reduction… The products of enterprises will be accepted by Nordic buyers if they comply with sustainable initiatives ” - Ms. Nguyen Thi Hoang Thuy shared.

Meanwhile, AEON in 5 countries also sent information about the products they are looking for at the event series "Connecting international supply chains". Specifically, according to the Organizing Committee, AEON - Japan's leading distributor will send purchasing teams from 5 countries to Vietnam to attend the event series "Connecting international supply chains" to find potential suppliers for its supermarket chain. AEON in Malaysia is looking for manufacturers who can support Halal; frozen seafood (shrimp, crab, pangasius...); fruits; processed foods; vegetables (sweet potatoes...).

AEON in Cambodia is also looking for manufacturers of biscuits, candies; frozen seafood; fruits (Da Lat...); ice cream; Krin Company - a beverage manufacturer...

AEON Thailand is looking for suppliers of frozen seafood, processed foods, fruits... AEON Hong Kong (China) is looking for suppliers of frozen seafood, frozen and processed foods, fruits and vegetables, paper-related products... AEON Vietnam is looking for suppliers of fresh bananas for export...

Viet Nam International Sourcing 2024 is double the size of 2023 with 10,000 m2 for 500 businesses, representing different sectors in the international supply chain.

Similarly, in the Latin American region, Falabella is currently the largest retailer in the region with a system of 577 stores and shopping centers operating in Chile, Argentina, Brazil, Colombia, Mexico, Peru, and Uruguay. In 2023, the Group sent a purchasing team to attend Viet Nam International Sourcing and immediately found a supplier in Vietnam in the field of clothing and sports equipment. Thereby, bringing made-in-Vietnam products directly to 35 million regular customers in the company's store system in the Latin American region.

" One of the highlights of the "Connecting international supply chains" event series is the dynamism of the trading sessions connecting buyers and domestic suppliers. This year, the Group expects to expand its purchasing to areas from textiles, footwear, sportswear to household appliances, household items... " - Falabella representative informed.

It is known that Viet Nam International Sourcing 2024 will be double the size of 2023 with 10,000 m2 for 500 businesses, representing different fields in the international supply chain, focusing on 5 product lines: Food, textiles, footwear, backpacks, bags, sports and outdoor goods, household goods and furniture...

During the three days of Viet Nam International Sourcing 2024 from June 6-8, 2024, seminars and useful trade connections will be held throughout, with the participation of large corporations: Typically AEON, Uniqlo (Japan); Walmart, Amazon, Safeway (USA); Falabella (Chile); Carrefour, Decathlon (France); Central Group (Thailand); Coppel (Mexico); IKEA (Sweden), LuLu (UAE) ... as well as professional buyers for global supply chains.

The series of events is an activity to actively implement the project "Promoting Vietnamese enterprises to directly participate in foreign distribution networks by 2030" approved by the Prime Minister.