The event "Connecting the International Goods Supply Chain - Viet Nam International Sourcing 2024" is attracting the attention of many leading retailers in Latin America. They come to Vietnam with the desire to find diverse and stable sources of supply.

Latin American Retail Giants Seek Out Vietnam

Falabella, the largest retailer in Latin America with 577 stores, is looking for Vietnamese suppliers in the fields of textiles, footwear, sportswear, and home appliances. Last year, Falabella partnered with several Vietnamese businesses to import apparel and sports equipment.

Coppel Group (Mexico) also expressed interest in Vietnamese products such as clothing, footwear, technology accessories, and furniture. Coppel has an annual import demand of 500,000 car tires.

Opportunities for Many Product Lines

Latiquim C.A, Venezuela's leading chemical company, is seeking Vietnamese partners in the production of sulfonic acid and phosphoric acid. Walmart also plans to increase its purchases of textiles, footwear, furniture, toys, and frozen food from Vietnam.

Huge Cooperation Potential

Latin America is a potential market with 33 countries and a population of over 670 million people. Two-way trade turnover between Vietnam and Latin America has increased by 1.5 times in the past 5 years. The two sides have complementary import and export commodity structures.

Trade Connection Event

"Connecting the International Goods Supply Chain - Viet Nam International Sourcing 2024" takes place from June 6-8 in Ho Chi Minh City, bringing together 500 businesses and expected to attract 10,000 visitors. The event is attended by many large corporations such as Aeon, Uniqlo, Walmart, Amazon, Carrefour... This is a golden opportunity for Vietnamese businesses to connect and cooperate with international retailers.

Thuy Linh