The Ho Chi Minh City Export Fair and Forum (HCM City Expo 2023) was officially opened at the Saigon Exhibition & Convention Center (SECC) on the morning of May 25, 2023 and lasted until May 28, 2023. In the last On both days of the fair, i.e. from May 27th to 28th, 2023, consumers have the opportunity to buy export goods with a discount of up to 50%.

Vo Van Hoan, vice chairman of the Ho Chi Minh City People’s Committee, said at the event that the first export forum in Ho Chi Minh City was held to create favorable conditions for face-to-face meetings between companies and the search for partners and create suppliers. Importers, potential buyers…

The Vietnam Commodities Export Fair is held every year and is also an opportunity for companies to seize and grasp the world’s green trend, focus on investment and improve product quality to meet the needs of customers. International.

Hoan said the country’s total import-export revenue reached just US$211 billion in the first four months of 2023, down 13.6% over the same period. As Ho Chi Minh City plays the leading role in the whole country, import and export activities also fell by 21.1% in the same period. This affects the socio-economic recovery of the city.

About 3,000 foreign visitors registered for the event, of which 273 delegations and companies from 70 countries and territories such as USA, Korea, India… attended, to learn about companies’ export products, to actually go to the factory, to socialize and trade .

With thousands of international buyers and importers present at the first show in Ho Chi Minh City, Mr. Vo Van Hoan took it as a good sign as demand in the export market remained low. Many potentials, there are still many opportunities for domestic manufacturing companies to develop the market.

“Besides the opportunities, there are also many challenges that Vietnamese companies must explore and consider when producing export products that conform to the specific characteristics of culture, religion, ethnicity, as well as other countries. Each country’s own regulations.” Mr. Hoan stressed.

Mr. Do Thang Hai – Deputy Minister of Industry and Trade said that as global supply chains are still adjusting and reorganizing, many countries are stepping up protectionist measures and trade barriers. Information is regularly updated, the situation is forecast as a basis for short-term forecasts. Adjustment of deadlines and the search for long-term solutions in production and export. There is a need to change production and business methods and diversify forms of trade promotion in line with major transformation trends in the world, such as digital transformation, green transformation, technology transformation, etc.

Accordingly, Mr. Do Thang Hai expects that the 2023 Ho Chi Minh City Export Fair will be a trade bridge to create and maintain a sustainable cooperative relationship between domestic and international companies and a forum. The exchange provides opportunities for exchange and cooperation in trade and investment.