MOIT VIETNAM | Develop connection to supply and develop potential products in Northern mountainous area

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Develop connection to supply and develop potential products in Northern mountainous area

1st December 2020 post by MOIT Vietnam

In recent years, trade promotion activities, regional linkages, supply-demand connection between Yen Bai and other provinces and cities in the region as well as across the country have been actively implemented, contributing to enhancing product trade. products of Yen Bai, in order to promote the circulation of goods on the market, to meet the consumption needs of the people.

Yen Bai is a province with many potentialities and strengths in developing typical products such as processing agricultural, forestry and food products; mineral exploitation and processing, production of construction materials; hydropower development; handicrafts; products from agriculture. Typically, products of wood, paper, joinery, plywood, sawn timber, packaging are exported to China, Korea, and Japan. Yen Bai has the second largest tea region in the country. Each year, 26 thousand tons of dry tea are produced and processed; Especially, Yen Bai also has an old Snow Shan tea area with the age of 400 years; Cinnamon with an area of ​​over 50,000 ha, up to now, there are many cinnamon products such as essential oil, cinnamon bark exported to many countries around the world.

Mr. Hoang Minh Chien - Deputy Director of the Trade Promotion Agency (Ministry of Industry and Trade) said at the Conference on Connecting Supply and Demand of Yen Bai Province in 2020 held by the Department of Industry and Trade of Yen Bai province on November 30 that: Covid-19 translation from the beginning of 2020 up to now, the goal that the Department of Industry and Trade of Yen Bai province organizes the conference is to connect supply and demand, trade promotion, trade connection. The conference has brought positive results for local trade and business production of businesses.

 Specifically, the conference to connect online trade between Yen Bai businesses with the Vietnam Trade Office and businesses from: India, Japan, Korea, China, ...

Mr. Ngo Hanh Phuc - Vice Chairman of Yen Bai Provincial People's Committee - emphasized, over the past time, trade promotion activities, regional linkage, supply-demand connection between Yen Bai and other provinces and cities in the region and across the country. . has been actively implemented, contributing to enhancing goods trade in Yen Bai in particular and provinces in general, promoting goods circulation in the market, meeting the consumption needs of the people.

Yen Bai province is always interested in trade promotion activities, assisting enterprises in business development, enhancing competitiveness, developing markets, promoting product export, and developing sustainable markets. inland ... Yen Bai regularly organizes business delegations to research and survey foreign markets to help businesses meet, exchange, learn from experience in production, proceed to sign combinations. co-consumption of products, increasing export market share, as well as connecting and trading to seek investment opportunities with enterprises in the province. In addition, domestic trade promotion activities such as participating in fairs, organizing fairs to bring Vietnamese goods to the mountains, help businesses access to the market, as well as create close relationships, closeness between producers and consumers, contributing to the effective implementation of the campaign "Vietnamese people give priority to using Vietnamese goods".

It can be seen that trade promotion, regional linkage, supply-demand connection between Yen Bai and other provinces and cities in the region as well as across the country have been actively implemented, contributing to enhancing trade in products. products and goods of Yen Bai, in order to promote goods circulation in the market, to meet the consumption needs of the people. Enterprises and production facilities are increasingly aware of the importance of trade promotion activities, and be more bold and proactive in participating in trading activities, connecting supply and demand, and participating in fairs and exhibitions inside and outside the province to promote, seek partners, expand markets. Many products with strengths and specialties of Yen Bai are known to consumers and are available in big markets and supermarkets.

Through trade promotion activities, many Yen Bai specialties are widely advertised, step by step penetrating modern distribution channels and some products have been present in major markets such as Hanoi. Consumers are favored in the provinces and cities nationwide, in which many products are produced for stable consumption and good growth such as tea, tapioca starch, cinnamon oil, plywood, and products garment export ... ”- Mr. Ngo Hanh Phuc information.

At the Yen Bai Supply - Demand Conference in 2020, enterprises, manufacturing, trading, distributing, and consuming Yen Bai products signed a principle contract and a memorandum of understanding for product consumption.