Business

More export doors for Vietnamese goods

The Ministry of Industry and Trade (MoIT) aims to connect Vietnamese businesses with major European and Asian groups such as Auchan, Casino, Central Group and AEON, so that Vietnamese goods can enter foreign distribution systems.
More export doors for Vietnamese goods ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The Ministry of Industryand Trade (MoIT) aims to connect Vietnamese businesses with major European andAsian groups such as Auchan, Casino, Central Group and AEON, so that Vietnamesegoods can enter foreign distribution systems.

According to Dau Tu (Investment) newspaper,Vietnam is able to export its products via goods distribution systems in Casino(France), Metro Cash&Carry and Sehrgos (Germany), Makro (Republic ofCzech), Coop and Conad (Italy), AEON and Lotte in Asia.

Head of the European Market Department under theMoIT Dang Hoang Hai said since 2011, the ministry has hosted dozens of events,including the Vietnamese Goods Week in Europe and Asia, to promote locally-madeproducts to overseas distributors.

He added that such events have helped increaseexport turnover of Vietnamese goods in the Japanese AEON system from 18.2billion JPY (16.4 million USD) in 2013 to 23.4 billion JPY (21.09 million USD)in 2014.

Vietnam exported 19.6 million USD worth of goodsvia the Republic of Korea’s Lotte system in 2014, and 30 million USD throughCasino in 2015.

Director General of AEON Vietnam NishitogheYasuo mentioned some Vietnamese export products in its supermarket chain suchas tra fish, fruits, garment-textiles, food and household utensils. 

In 2016, AEON imported about 200 million USD ofmade-in-Vietnam commodities, mainly apparel products and food, he said, addingthat the Japanese retailer plans to order more from Vietnam soon.

After being acquired by the Central Group ofThailand, Big C supermarkets have opened up more opportunities for Vietnamesegoods to enter other major markets.

Tran Thanh Hai, who is in charge of external andlegal affairs at the group, said Vietnamese businesses can promote exportsthrough Big C distribution and sale channels.

In 2015, the group set up a company in Vietnamto buy and export locally-made products to the European market, earning nearly25 million USD in revenue.

This year, the Ministry of Industry and Tradewill work to increase the presence of Vietnamese goods in foreign markets,focusing on staples such as garment-textile, footwear, seafood, coffee, tea,vegetable and fruits, timber products and home decoration.

By 2020, Vietnam is expected to export productsto more big distribution systems in Europe, North America, Southeast Asia, andNorth East Asia, particularly in countries that sign free trade agreements withVietnam.-VNA
VNA
#Ministry of Industry and Trade #businesses #foreign distribution systems #turnover #export #goods #AEON #supermarkets #tra fish #fruits #garment-textiles #food #household utensils #Central Group #Big C
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