The event, co-organized by Ho Chi Minh City's Department of Industry and Trade and the Ministry of Industry and Trade's Department of Trade Promotion, kicked off on May 8 under the auspices of the Ho Chi Minh City People's Committee.
Addressing the fair, Mr. Nguyen Van Dung, Deputy Chairman of the Ho Chi Minh City People's Committee, hailed the progress of Vietnam's key export items like rice, coffee, seafood, textiles, and industrial goods. He highlighted Ho Chi Minh City's pivotal role in the country's export growth, which reached USD 6.6 billion by February 2024, a notable 16.6% increase year-on-year.
Deputy Chairman Dung praised the collaboration between businesses and government agencies, emphasizing the importance of showcasing domestic products globally.
Looking ahead, Mr. Dung emphasized 2024 as crucial for advancing production and export activities in line with the nation's socio-economic development plan for 2021-2025.
He emphasized the necessity for Ho Chi Minh City enterprises to prioritize innovation and invest in high-tech solutions to enhance the value of their export goods. Additionally, he highlighted the importance of improving product quality and investing in research and technology development to facilitate market expansion, advocating for sustainable development through collaboration between enterprises and regulatory bodies.
To assist enterprises in seizing market opportunities during the ongoing recovery phase, the Vietnamese Typical Export Products Fair 2024 is featuring various key export items, including agricultural and fishery products, food and beverages, wood and crafts, textiles, rubber and plastics, electronics and mechanics, as well as services. Renowned brands such as Vina T&T Group, Binh Tay Food JSC, Chinsu, Hoang Phat Fruit, Viet Timber, Satra, and MM Mega Market are participating in the fair, with 450 booths representing 400 domestic enterprises.
Mr. Nguyen Van Dung emphasized that alongside opportunities, enterprises must navigate various challenges during the export process, including cultural, religious, and ethnic considerations, as well as compliance with diverse regulations, including environmental standards, in target markets.
Mr. Nguyen Nguyen Phuong, Deputy Director of the Ho Chi Minh City Department of Industry and Trade, revealed that five delegations comprising approximately 1,000 international traders from Europe, the United States, Russia, India, Thailand, and Korea are actively engaging with the fair to explore potential suppliers.
Adding to the vibrancy of the event, Mr. Nguyen Ngoc Luan, CEO of Meet More Coffee, highlighted the successful engagement of enterprises with international buyers, with Meet More Coffee currently exporting to 10 global markets. Looking ahead, Mr. Luan expressed the company's aspirations to venture into new markets to expand its export channels.
Echoing similar sentiments, Mr. Nguyen Dinh Tung, General Director of Vina T&T, emphasized the company's commitment to showcasing high-quality Vietnamese agricultural products to international buyers and exploring opportunities in new markets.
The "Vietnam Typical Export Products Fair 20244" is being held from May 8 to 11 at the Saigon Exhibition and Convention Center (District 7), with an expected attendance of approximately 20,000 visitors and buyers.
