AEON Vietnam promotes local products to help them enter supply chain

Japanese retailer AEON Vietnam Co.,Ltd is seeking to increase the number of local businesses in its supply chain system in Vietnam.
AEON Vietnam promotes local products to help them enter supply chain ảnh 1A business-to-business meeting between a Vietnamese supplier and AEON Vietnam (Photo: VNA)

HCM City (VNS/VNA) - Japaneseretailer AEON Vietnam Co.,Ltd is seeking to increase the number of localbusinesses in its supply chain system in Vietnam.

It is holding an exhibition, which openedon July 29, at AEON Mall in Ho Chi Minh City’s Tan Phu district, and workedwith 61 businesses who are potential suppliers.

The week-long exhibition showcases productsdistributed by 24 businesses, including tea, coffee, chocolate, cashew, anddried fruits.

The businesses at the exhibition andmeetings can become AEON Vietnam's suppliers if their products are foundsuitable.

The events are being organised with thehelp of the Investment and Trade Promotion Centre of HCM City (ITPC).

Pham Thiet Hoa, its director, said the ITPChad informed interested businesses about the technical specifications demandedby AEON and its Top Valu brand, and advised them on packaging and pricing.

"Products good enough for AEON Vietnammeans they are good for AEON’s outlets around the world," he added.

Nguyen Anh Ngoc, deputy head of wholesaleat DannyGreen Co. Ltd, which distributes Japanese cantaloupe, said ifVietnamese businesses could become a part of major retail chains, they couldtake their products to more foreign markets and consumers.

"Vietnamese consumers still have apreference for imported goods and perceive them automatically as better thanVietnamese goods.

“However, Vietnamese businesses arestriving to export, and the quality of their products has improved greatly.

“The appearance of domestic products on thestore shelves of foreign distribution systems is a testament to their highstandards."

To improve their competitiveness,especially with foreign goods, it was important to promote them and raiseawareness of high-quality local products amongst Vietnamese consumers, sheadded.

Seo Fumio, chief merchandising officer ofAEON Vietnam, said while consumers regard safety as a high priority, many havelimited incomes and thus prefer affordable prices.

He commended the ability of Vietnamesebusinesses to produce high-quality goods, but said many did not know how toimprove, something at which they needed to take a look.

ITPC has been organising a number ofnetworking events and exhibitions to help Vietnamese businesses enter big,modern distribution channels.

In early July Thailand’s Central Group, theowner of supermarket chain Big C, notified its 200 textile and garmentsuppliers about the termination of their contracts, leading to protests fromthem.

It took a meeting with the Ministry ofIndustry and Trade for Big C to resume purchases from around 150 of them.

Analysts have expressed worries thatforeign brands sold by large foreign retailers are taking market share awayfrom domestic goods.

Vu Kim Hanh, chairwoman of the High QualityVietnamese Product Business Association, said the situation highlighted thelack of competitiveness of domestic goods. - VNS/VNA
VNA

See more

At the February 14 meeting between Lao Prime Minister Sonexay Siphandone and a delegation of Vietnamese businesses and international enterprises from various countries. (Photo: VNA)

Vietnam strengthens business and investment ties in Laos

Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.

Lao government officials and representatives of Vietnamese businesses at the seminar (Photo: VNA)

Vietnamese firms eye investment in Laos

He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.

Vice Chairman of the Bac Giang People's Committee Mai Son (Photo: bacgiang.gov.vn)

Bac Giang speeds up non-state budget investment projects

In the coming period, the northern province of Bac Giang will focus on addressing challenges to non-state budget investment projects and expediting their progress, affirmed Vice Chairman of the provincial People's Committee Mai Son.

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.

Representatives from Lao and Vietnamese agencies at the signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen energy cooperation

A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./

A view of the Hanoi skyline. While rental properties continue to be in demand, there has also been a notable rise in the number of foreigners looking to buy houses. (Photo: VNA)

Housing demand from foreigners in Hanoi rises

Over several years, Hanoi has increasingly become an attractive destination for foreign workers, with approximately 10,000 new foreign workers are granted licences to work in the city each year.