Illustrative photo (Source: VNA)
HCM City (VNA) – Nearly 280 contracts on goods supply were signed by businesses in the south during a conference to promote supply-demand connection held in Ho Chi Minh City on December 23.

The event was part of trade linking activities among localities in the region towards meeting demand for commodities during the Tet (Lunar New Year) 2016.

Previously, the HCM City Department of Industry and Trade organised five market-finding tours for local merchants, suppliers and enterprises to the Mekong Delta provinces of An Giang, Soc Trang, Ben Tre, Dong Thap and the Central Highlands province of Lam Dong.

According to a representative from the Department of Industry and Trade of Ninh Thuan province, the supply-demand connection between HCM City and localities in the southeastern and southwestern regions has proven effective, helping promoting production and business.

The model will create opportunities for localities to sell their products in modern distribution systems in big provinces and cities.

Thanks to it, Ninh Thuan’s commodities such as grape, apple, and garlic have been sold nationwide, he added.

The HCM City department said that after four years, the connection programme attracted the participation of over 30 localities in the two regions, with nearly 1,000 contracts of good supply and consumption being signed. Of the number, nearly 900 contracts worth 20 trillion VND (889 million USD) were performed.

Deputy Minister of Industry and Trade Do Thang Hai asked industry and trade departments of southern provinces and cities to continue their close coordination and create favourable conditions for enterprises to boost connections.

Producers should focus on improving product quality and designs to meet demands of domestic and foreign markets, he noted.-VNA