Bắc Ninh
Vietnamese goods enter US through global supply chain
The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.
The goods, worth about 70,000 USD, are mainly domestically produced and selected by Saigon Co.op, such as dipping sauce, vermicelli, noodles, spices, tea, and coffee. They will be sold at H-mart supermarkets of Hee Chang Group - a famous retail group from the Republic of Korea with more than 30 years of experience in the US market and more than 100 points of sale.
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Illustrative photo. |
In September 2024, SCD also successfully exported two containers of goods to Canada as ordered by Hee Chang Group.
It is expected that in the last three months of 2024, SCD will complete the export of 20 containers of goods to foreign markets. It plans to ship 120 - 150 containers to many major markets around the world such as the US, the RoK, Japan, Australia, China, and Middle East countries next year.
SCD Director Tran Anh Quang said that through commercial contracts between SCD and a variety of partners, including STC Natural Vina, Vietnamese goods will have more opportunities to enter big and promising markets in the world.
Yun SuBong, Director of STC Natural Vina, called the cooperation between his company and Saigon Co.op - a leading retailer in Vietnam - a milestone in its development. The partnership not only benefits the firms, but also helps strengthen the Vietnam- RoK relations in trade, investment, cuisine, and culture exchanges.
Nearly 100 Vietnamese exhibitors are promoting Vietnamese agricultural products at SIAL Paris 2024, an international food trade show underway in Paris, France from October 19 to 23.
Vietnam and Australia agreed to enhance their trade and investment ties, striving to reach the target of 20 billion USD in bilateral trade at their 6th Foreign Ministers' Meeting in the Australian city of Adelaide on October 18.
Vietnam’s import-export value is likely to touch the 800 billion USD mark by year-end, far exceeding a record of 732 billion USD seen in 2022, economic expert Dinh Trong Thinh has said.
Vietnam is participating in the Hong Kong Electronics Fair and International Exhibition on Electronic Components and Production Technology at the Hong Kong (China) Convention and Exhibition Centre.
The official visit to France by Party General Secretary and State President To Lam and his attendance at the 19th Francophonie Summit are expected to give a boost to the bilateral economic, trade, and investment ties.
The upcoming state visit to Ireland by General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam, his spouse and a high-ranking delegation of Vietnam is expected to open a new door for the two countries’ trade cooperation, according to insiders.
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