HCM City strengthens trade connection with southern localities

A conference on supply – demand connectivity between Ho Chi Minh City and localities in the Eastwest and Southwest regions was held in the Mekong Delta province of Ben Tre on November 22.

hcm city strengthens trade connection with southern localities hinh 0

The conference drew the participation of over 1,500 businesses from 35 provinces and cities nationwide, with 473 stalls showcasing products and services.

More than 300 memorandum of understanding on cooperation were signed at the event.

According to Vice Chairman of the HCM City People’s Committee Le Thanh Liem, the conference aimed at expanding the market for high-quality domestic goods, helping the production and promotion of local specialties.

Pham Thanh Kien, head of the municipal Department of Industry and Trade, said the city will continue increasing trade collaboration with other localities via exchanging information and experience for better commercial management, organising training programmes for farmers in following the VietGap and GlobalGap standards, and building trademark for specialties of each locality.

Under a commercial cooperation programme between the city and other provinces and cities for 2016 – 2018, partner localities have created favourable conditions for HCM City firms to build plants and material areas, as well as develop production and goods distribution networks. 

A total of 90 businesses, including 73 from HCM City, have joined the programme. They have to date invested over VND30.11 trillion (US$1.29 billion) in 42 plants and production facilities, and 72 farms across the Eastwest and Southwest regions.