14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Hanoi and other localities boost trade links for farm produce

Linkage programs will remove inter-provincial trading barriers and boost consumption in the capital city.

The close connection between Hanoi and other cities and provinces has helped balance supply and demand and stabilize selling prices.

 Businesses participating in the event. Photos: Hoai Nam/The Hanoi Times

Participating businesses shared their ideas at the 2022 supply-demand trade conference, which was hosted by the Hanoi Center for Investment, Trade and Tourism Promotion (HPA) on November 23.

As a participant in the event, Director of Ha Trung Production and Trading Co., Ltd (Phu Yen Province) Nguyen Thi Ha said that as a small company in the South-Central Coast, trade links would enable the company to bring regional products to Hanoi consumers.

Hanoi is home to 28 commercial centers, 132 supermarkets, 453 traditional markets, 2,000 convenience stores, and tens of thousands of grocery stores in districts and towns.

In addition, Hanoi's suppliers include 128 agro-food and products selling chains, 159 chains linking production to consumption of agro-forestry products, 926 chains and suppliers of agro-forestry-fishery products in 43 provinces and cities, and 60 showrooms selling products under the One Commune One Product (OCOP) program.

Besides, the city has 35 businesses operating in omni-channels, including e-commerce platforms, supermarkets, distribution systems, and websites.

Ha added: “The consumption of goods in the city also helps ensure the selling price, making local farmers earn high incomes. In addition, Phu Yen businesses could learn Hanoi's large retailers for better design, packaging, and product quality requirements of distributors.”

In the first 10 months of this year, Hanoi’s distributors have supported the consumption of 52,000 tons of fruits and agricultural products from the provinces and cities of the Red River Delta.

Under the provinces/cities’ One Commune One Product (OCOP) program, more than 60 showrooms selling OCOP products in the city have been opened.

The city also coordinated with the provinces and cities of the Red River Delta to organize a week promoting fruit and agricultural products at the BigC Thang Long supermarket, Me Linh Plaza, and Mipec shopping center.

Removing barriers

 Regional products are on display at the event.

However, the trade connection between the city and other provinces to bring regional goods into the distribution system has not yet been smooth.

Nguyen Thi Mai Phuong, a representative of Thailand-invested Central Retail, said that few large-scale wholesalers are operating in the provinces, making it difficult for Hanoi's firms to purchase large quantities of goods when needed.

In addition, many agricultural products of the provinces have not met the requirements for registration procedures, quality inspection, payment methods, collection, preservation, and transportation.

Information about supply-demand has not been discussed timely among stakeholders, leading to the overproduction of some goods and barriers to consumption.

Director of the Soc Trang Provincial Department of Industry and Trade Vo Van Chieu and representatives from many localities expected Hanoi to support businesses from other provinces to boost consumption in the city.

At the same time, he called on organizations, supermarkets, and trade centers of the city to connect with localities to facilitate cooperation opportunities.

In addition, the Ministry of Industry and Trade needs to organize a national trade promotion campaign to support inter-provincial consumption and export.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to tax crypto asset transfers at 0.1%

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

Vietnam establishes support body for International Financial Center Council

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

Hanoi draws US$102 million in foreign direct investment during January

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European companies voice support for Vietnam’s double-digit growth strategy, green transition and international financial center plans, highlighting long-term investment opportunities.

Vietnam business confidence at 22-month high

Vietnam business confidence at 22-month high

It was a solid start to the year for the Vietnamese manufacturing sector as firms ramped up output in response to stronger new orders

Government orders ministries to ensure stable supplies and prices ahead of Tet

Government orders ministries to ensure stable supplies and prices ahead of Tet

Prime Minister Pham Minh Chinh has ordered ministries and local authorities to stabilize markets, secure essential goods and strengthen social welfare to ensure a smooth Lunar New Year holiday.