Within the framework of the working program in the US to attend the APEC Trade Ministers' Meeting and the Indo-Pacific Economic Framework (IPEF) Trade Ministers' Meeting, Minister of Industry and Trade Nguyen Hong Dien worked with Ms. Sarah Thorn, Senior Director, Global Government Relations of Walmart Retail Group.

The meeting between the head of the industry and trade sector and Walmart leaders discussed many issues about enhancing the development of Walmart's supply chain in Vietnam, as well as measures to support Vietnamese suppliers participating in the chain. global value of this retail group.

Ms. Sarah Thorn said: "Vietnam is currently in the group of 5 countries that export the most goods to Walmart's system with key products including textiles, household appliances, electronics and processed foods. available".

Group leaders asked the Ministry of Industry and Trade to continue supporting the process of expanding and enhancing the stability of Walmart Group's supply chain in Vietnam, especially in the context of the increasing risk of supply chain disruption causing caused by the pandemic and global trade and geopolitical conflicts.

The Minister proposed that Walmart coordinate with the Ministry of Industry and Trade to train and improve business capacity, participate in investing in building supporting industries, and help connect with capable American businesses in the field. supporting industries, materials, processing... building a "clean and stable" supply of input materials.

"Walmart Group sent business delegations from the US and offices in the Asian region to attend the Vietnam Sourcing 2023 event organized by the Ministry of Industry and Trade in September in Ho Chi Minh City, thereby seeking business opportunities for both sides, helping Vietnamese businesses participate in Walmart's global value chain," the Minister suggested.

Trade and connection activities between businesses of the two countries will continue to realize the strategy of diversifying and ensuring supply of Walmart Retail Group, in which, Vietnam as a Top 5 major exporter of the Group will do well as an important link in Walmart Group's supply chain in the future.

Minh Toan