Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.

The direct export of Vietnamese goods through various foreign distribution systems not only helps producers increase profits but also provides Vietnamese products an opportunity to be exported under their own brands. This is considered a key factor in successfully building the Vietnamese brand in the international market.

Walmart, the renowned retail giant based in the US, expects to turn Vietnam into a goods supply centre of Asia, Andrea Albright, Executive Vice President, Sourcing, for Walmart, has told Minister of Industry and Trade Nguyen Hong Dien.

Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.

Deputy Prime Minister Tran Hong Ha on September 12 said that Vietnam wants to join world-leading retailers like Walmart in forming comprehensive inclusive sustainable ecosystems with long-term commitment to benefit sharing in the consumer goods supply chain.

In the first five months of this year, Vietnam had a trade surplus with the US at 35 billion USD, ranking third after China and Mexico.

The export of Vietnamese goods via the distribution networks of foreign retailers has proven to be an effective and sustainable channel, Deputy Minister of Industry and Trade Do Thang Hai told a conference in Hanoi on December 17.

The Vietnam Trade Promotion Agency (Vietrade) and Amazon Global Selling will select 100 Vietnamese businesses to sell their products on the retail giant’s online network. ​

Vietnamese rice exports have never experienced a rise quite like that just seen in the first nine months of 2018.

Walmart, the largest supermarket chain in the US, wishes to support women entrepreneurs across the world, including Vietnamese ones, said Jocelyn Tran, Regional Senior Director for Walmart Global Sour