Two Vietnamese companies from the Central Highland province of Lam Dong are displaying their products at the 7th India International Silk Fair, which opened in New Delhi on July 15.
An import surge of cheaper Chinese toys courtesy of the U.S.-China trade war is making life difficult for Vietnamese producers.
Sabeco, the biggest Vietnamese brewer, has fallen into Thai hands, while Carlsberg is stepping up the process to become a controlling stakeholder in Habeco.
Vietnamese producers must improve product quality and make the most of their advantages so that imported goods don’t take over the market, the Vietnam Chamber of Commerce and Industry said.
Vietnamese businesses were urged to strengthen cooperation with distribution channels in addition to enhancing product quality as ways to directly put their products on shelves of foreign supermarkets.