Hanoi (VNA) – Reliance Retail, India's largest retail chain, will participate in the Vietnam International Sourcing 2026 (VIS 2026) exhibition, scheduled to take place in Ho Chi Minh City from September 3–5, to seek long-term and reliable suppliers for its vast customer base across India.
The Department of Foreign Market Development under the Ministry of Industry and Trade noted with tens of thousands of retail outlets and an extensive omnichannel retail platform, Reliance Retail's participation in VIS 2026 reflects the growing interest of leading Indian corporations in the Vietnamese market while opening up practical business opportunities for domestic enterprises.
It said that Reliance Retail is part of Reliance Industries Limited (RIL), India's largest private-sector conglomerate and one of Asia's most valuable listed companies.
Established in 1958, Reliance operates across a broad range of strategic sectors, including energy, petrochemicals, retail, telecommunications, logistics, e-commerce, digital technology and renewable energy.
VIS 2026 will provide Vietnamese businesses with a valuable opportunity to engage directly with one of India's largest retail distribution networks. Through business matching activities at the exhibition, companies will be able to meet Reliance's procurement team, showcase their products and explore opportunities to become suppliers to the group's extensive retail system.
Establishing direct partnerships with the retailer would help reduce intermediary costs, increase export value and strengthen the presence of Vietnamese products in the Indian market of more than 1.4 billion people, according to the department.
With its diversified business ecosystem, Reliance imports a wide range of products that match Vietnam's export strengths, including agricultural produce, processed food, seafood, coffee, cashew nuts, pepper, wooden furniture, household goods, textiles and garments, footwear, and consumer products. These sectors all have significant potential to expand their market share in India as demand from the country's middle class continues to rise fast.
Reliance's participation is also expected to encourage Vietnamese businesses to enhance their competitiveness.
Against the backdrop of international corporations accelerating efforts to diversify their supply chains, Vietnam is increasingly recognised as an important manufacturing and sourcing hub in the region. Reliance Retail's decision to seek business partners through VIS 2026 underscores the growing appeal of Vietnamese enterprises and highlights the exhibition's expanding role in connecting international buyers with domestic suppliers.
The department noted that Reliance Retail's presence at VIS 2026 will not only create new opportunities to expand exports to India but also enable Vietnamese companies to integrate more deeply into the supply chain of one of Asia's largest multisectoral conglomerates.
The event is set to help businesses enhance their competitiveness, diversify export markets and strengthen links with strategic partners, thereby promoting more substantive and sustainable economic and trade cooperation between Vietnam and India./.
VNA
