On May 28, the Trade Promotion Agency (Ministry of Industry and Trade) cooperated with the Hanoi Department of Industry and Trade, the Association of Small and Medium Enterprises in Hanoi to hold a Conference on Connecting Supply and Demand, promoting economic growth in 2020. at the hall of Government Guest House No. 2 Le Thach, Hanoi

The conference attracted a large number of participants

The conference attracted the participation of more than 200 key industrial enterprises, consumer goods manufacturers, incubators, creative startups, handicrafts, agricultural products and foodstuffs, tourism, insurance, banking, enterprises ... of associations, associations, districts, towns in Hanoi.

This is one of the Supply-Demand Connection activities aimed at restoring economic development in the new normal period of the Department of Trade Promotion - Ministry of Industry and Trade and Hanoi Department of Industry and Trade, in order to remove difficulties for businesses, to stimulate domestic consumption demand, is an opportunity for businesses, cooperatives, production and business establishments, localities and foreign trade promotion agencies and organizations in Hanoi and neighboring areas. Approach meeting, connecting the consumption of Vietnamese goods on the domestic market and towards export.

Attending the conference were representatives from the Embassies and Trade Affairs of the countries in Vietnam: Deputy Ambassador of Thailand to Vietnam, Deputy Ambassador of Malaysia to Vietnam, Counselor of the Embassy of China in Vietnam. , Trade Counselors of India, Belgium, Indonesia, Bulgaria, Belarus, ... and foreign trade promotion organizations in Vietnam: KOTRA, USABC, EUCHAM, LinkSME, ... On the side of Vietnamese agencies with the participation of leaders of Hanoi City People's Committee, Vietnam Fatherland Front Committee of Hanoi, Department of Trade Promotion - Ministry of Industry and Trade, Department of Industry and Trade of Hanoi, and many representatives from the Ministry of Industry and Trade, Ministry of Culture, Sports and Tourism, Ministry of Agriculture and Rural Development and representatives from departments in Ha Noi

Mr. Nguyen Van Suu - Standing Member of the City Party Committee, Standing Vice Chairman of Hanoi People's Committee delivered the opening speech and directed the conference: `` This is one of the activities to restore economic development in the the new epidemic prevention phase of Hanoi City aims to remove difficulties for businesses, stimulate domestic consumption demand, connect Vietnamese consumption in the domestic market and export ”. Hanoi People's Committee hopes businesses will join hands to overcome difficulties, accompany and support each other for mutual development ”. In the coming time, Hanoi City will assign the Department of Industry and Trade, Tourism, Agriculture and Rural Development, the City Center for Trade and Investment Promotion to implement many programs to stimulate domestic demand, promote exports, contribute to restarting, promoting economic growth. in 2020, strive to achieve the economic growth target set by Ha Noi.

Hanoi has nearly 300,000 enterprises and a comprehensive, distribution network. With a population of 10.3 million people living and studying and working in the area, it can be said that Hanoi is a large commodity consumption market, capable of concentrating and bringing goods flows to regions within the region. for the whole country and for export, there are many opportunities for cooperation and trade to develop production, trade, consume products sustainably and stabilize the market.

“However, in the first months of 2020, the impact of the COVID 19 epidemic has made world commodity trade in general and merchandise trade of Vietnam and Hanoi in particular facing many difficulties, significantly affecting to the life and production and business activities of enterprises. Therefore, in the coming time, the People's Committee of Hanoi will direct departments and districts to organize conferences and promote advertising to promote distribution, consumption of goods, and stimulate domestic tourism. ", Mr. Nguyen Van Suu said.

Sharing at the conference, Mr. Mac Quoc Anh, Vice Chairman, General Secretary of Hanoi Association of Small and Medium Enterprises, said: Due to the impact of the Covid-19 epidemic, most businesses, especially Both small and medium enterprises have difficulties in production and business.

The export market was cut, the old orders and new orders were terminated, the domestic market also dropped by more than 90%. Currently, the translation of Covid-19 has been better controlled, production and business activities have returned to normal. To promote intra-regional trade activities, promote activities and call for new investment to invest in Vietnam, organizing the connection of trade activities to solve revenue and inventory for businesses. Industry from the first quarter of 2020 is very necessary.

Deputy Director of the Department of Industry and Trade of Hanoi Tran Thi Phuong Lan said that the Covid-19 epidemic has lasted for many months and is still complicated in many countries where Vietnam is exporting large quantities of goods. In the meantime, the domestic market is a place that can help businesses stand firm in difficulties. Therefore, at this time, it is necessary to create a linkage between businesses and localities to help each other sell products.

Mr. Vu Ba Phu, Director General of the VIETRADE (MOIT), said that the Department coordinates with localities to immediately implement trade promotion activities in the context of export markets disruption due to COVID - 19 still has complicated developments in many parts of the world, while in Vietnam it is controlled to support enterprises to maximize the use of the domestic market, in the immediate future, to support enterprises, especially agricultural enterprises. overcome difficulties in the consumer market. In April 2020, export goods markets with major partner countries of Vietnam decreased compared to the previous month. In which, ASEAN market decreased by 20% compared to March 2020; China decreased by 2.9%; Japan down 9.3%, South Korea down 13.7%, EU down 28.6%, the United States down 24.1% ...

In order to quickly support businesses in the new situation, the Ministry of Industry and Trade - directly the Steering Committee for the prevention of the Covid-19 epidemic of the Ministry followed closely the epidemic situation and closely directed the application. implementation of disease prevention and elimination of difficulties for production and business. Under the close guidance of the Ministry of Industry and Trade, the Department of Trade Promotion in recent years has actively coordinated with the embassies, trade deals and trade promotion organizations to effectively implement direct trade activities. The route helps businesses resume export activities and find new markets and customers.

At the speech session, Mr. Ho Ta Cam - Counselor of the Chinese Embassy in Vietnam highly appreciated Vietnam's ability to control the epidemic situation, committed to promote and strengthen communication activities. trade between Vietnamese and Chinese enterprises, especially proposing solutions to relevant agencies in China to help Vietnamese goods, especially agricultural products, clear the border quickly to keep are quality products.

Ms. Duong Thi Kim Lien, Vice Director of USAID LINKSME informed on the results of the implementation of connections with international buyers from the beginning of the year until now with more than 150 items requested to find suppliers, 81 orders were placed with a total value of nearly 250 million USD, of which 41 completed orders with a total value of more than 1.8 million USD. At the same time, she introduces specific process solutions to support SMEs joining the global value chain as well as post-Covid19 Enterprise support options.

At the conference, there was a ceremony to hand over a memorandum of understanding between distribution systems, supermarkets and manufacturing enterprises: MM Mega Market Vietnam Co., Ltd. signed with 17 enterprises and BRG Retail Co., Ltd. partnered with 8 businesses to supply products to the distribution system of 2 companies such as: confectionery of all kinds, coffee, cashew nuts, dry food, bottled water, household appliances, kitchen, spicy food, thermos bulbs, textiles, all kinds of clothes… ./.