Vietnam wants to join in consumer goods supply chain: Deputy PM
Deputy Prime Minister Tran Hong Ha on September 12 said that Vietnam wants to join world-leading retailers like Walmart in forming comprehensive inclusive sustainable ecosystems with long-term commitment to benefit sharing in the consumer goods supply chain.
Deputy Prime Minister Tran Hong Ha (R) receives senior vice president of general merchandise and apparel sourcing of the US’s Walmart Avaneesh Gupta in Hanoi. (Photo: VNA)
Hanoi (VNA)🅷 – Deputy Prime Minister Tran Hong Ha on September 12 saidthat Vietnam wants to join world-leading retailers like Walmart in forming comprehensive inclusive sustainable ecosystems with long-term commitment to benefit sharing in the consumer goods supply chain.
Speakingat a reception with senior vice president of general merchandise and apparelsourcing of the US’s Walmart Avaneesh Gupta in Hanoi, Ha said Vietnam has strengths in workforces, infrastructure, and socio-political stability, and has become one of the leading consumer goods producers and exporters in the world. He affirmed that Vietnamesemanufacturers and suppliers have the potential and capacity to participate in theentire goods production process from raw material supply, product design and production tomarketing. The Deputy PM noted that with its participation in 17 free trade agreements, Vietnam fullycomplies with commitments on labour and environment. Regardingthe strong development of e-commerce in Vietnam, he said the Vietnamese Government is continuing to direct ministries and branches to developregulations and standards to ensure the safety and rights of customers. AvaneeshGupta said that Vietnam’s support policies have created favourable conditionsfor Walmart to form and operate smoothly production and supply chains of goods such as textiles and garments, consumer goods, and food. Hesaid the group will continue supporting Vietnamese manufacturers and suppliersin creating domestic raw material areas with appropriate quality and costs,promoting digitalisation in production to improve productivity, ensureworking conditions for workers, and enhance the traceability ofgoods origin.
Inaddition, Walmart wants to connect with and attract Vietnamese small andmedium-sized businesses to participate in the group's e-commerce network withabout 120 million users./.
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