The AmCham Vietnam organised the Supplier Day 2017 in Ho Chi Minh City on September 13, drawing the participation of nearly 100 FDI enterprises and a large number of local suppliers.
A production line of Viet Hung Plastic Company in the northern province of Hung Yen supplying packaging to Samsung Vietnam (Photo: VNA)
HCMCity (VNA) - The American Chamber of Commerce in Vietnam (AmChamVietnam) organised the Supplier Day 2017 in Ho Chi Minh City on September 13, drawingthe participation of nearly 100 foreign direct investment (FDI) enterprises anda large number of local suppliers.
Accordingto Frank Weiand, co-chair of the AmCham manufacturing committee, the annualevent aims to connect FDI manufacturers and local suppliers, thus helping themupdate each other on the markets and demands.
Inorder to join the global supply chain, enterprises are required to produceproducts with good quality, reasonable prices and production time.
Localsuppliers must improve themselves to meet requirements of quality managementsystems and production factors to provide products for FDI firms andmulti-national groups.
PhamQuan, Director of the WAHL Vietnam Company, highlighted the significance to theevent, saying that it helps FDI enterprises find potential suppliers, thusreducing products’ prices and raise the localisation rate.
Meanwhile,local businesses can understand expectations of FDI firms for their products,prices and services while taking the occasion to introduce their products andenter the global supply chain.-VNA
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A production line of Viet Hung Plastic Company in the northern province of Hung Yen supplying packaging to Samsung Vietnam (Photo: VNA) 
