HANOI: Businesses need to strengthen production capacity, meet international buyers’ standards and improve access to finance to capture more orders from global supply chains, according to speakers at a business workshop in Hanoi.
Vietnam’s export growth and rising foreign direct investment (FDI) are creating opportunities for local suppliers, particularly in supporting industries and manufacturing.
However, the challenge is to translate these opportunities into greater domestic participation in supply chains, according to presentations by industry representatives.
Speaking at the workshop themed Connecting Order Opportunities – Enhancing Supply Capacity and Financing Solutions for Businesses, on Tuesday, Nguyen Trung Kien, general director of CNCTech Group, said orders followed a company’s capabilities, highlighting the need for Vietnamese businesses to prepare for the requirements of global buyers rather than rely solely on the availability of investment and market demand.
FDI reached US$50.36bil in the first nine months of 2026, up 76.4% year-on-year, while disbursed FDI totalled US$21.07bil, its highest level in five years. — Viet Nam News/ ANN
