Participating in the 4th International Exhibition Program of Food and Food in Ho Chi Minh City in 2025, Hoang Giang Seafood Company wishes to penetrate more deeply into the domestic market.
The main product of the company is large black tiger shrimp from 4-10 shrimp/kg exported to the Middle East, China. However, the export market is facing difficulties, so the company is gradually moving itself to adapt.
"We participate in fairs, exhibitions and associations to expand the market. We expect the domestic market to increase by 20%," said Mr. Tran Truong Giang, Director of Hoang Giang Seafood Company.
With the desire to introduce to the domestic and international partners of food and food industry, diverse, rich, high quality but reasonable prices of Vietnam in general and Ho Chi Minh City in particular, on April 16, the Center for Trade and Investment of Ho Chi Minh City has cooperated with the Food and Food Association of Ho Chi Minh City and relevant units to organize the 4th International Exhibition
This is a practical activity to support businesses, contributing to promoting the dynamic development of the city's food and food processing industry, introducing high quality products, reputable businesses, and promoting business cooperation opportunities, effectively attracting investment resources.
Ms. Tran Thi Dieu Thuy - Vice Chairman of Ho Chi Minh City People's Committee - said that the food and food industry is one of the four key industries that are prioritized for the city's development. In recent years, Ho Chi Minh City has been implementing many policies and strategies to promote food and food processing industry, typically the issuance of Decision No. 4700/QD-UBND dated October 23, 2024, approving the strategy of developing food and food processing industry in Ho Chi Minh City until 2030, with a vision to 2050.
In the first quarter of 2025, Ho Chi Minh City economy continued to recover strongly with the gross product in the area (GRDP) increased by more than 7.5% over the same period - the highest increase since 2020. The total retail of goods and consumer service revenue is estimated at about VND 316,600 billion, up 14.2%, reflecting a strong increase in purchasing power and domestic consumption needs.
However, import and export activities of Ho Chi Minh City still face many challenges due to the world economic context, which has many fluctuations, greatly affecting Vietnam. Facing the difficulties of businesses, Ho Chi Minh City leaders affirmed their commitment to accompany and implement many practical and drastic solutions to support businesses, such as promoting trade promotion activities, supply and demand connection, expanding access to capital ...
Ms. Ly Kim Chi - Chairman of Ho Chi Minh City Food and Food Association - said: “We expect to participate in exhibitions and fairs will help businesses' products more widely access to domestic consumers, contributing to promoting Vietnamese spirit to prioritize using Vietnamese goods.
In addition, businesses are also focusing on exploiting potential markets such as the Middle East, South Asia - especially Muslim countries - through meeting Halal certifications. At the same time, we continue to promote activities to stimulate domestic consumption. ”
With a flexible strategy, both expanding the international market in an intensive direction, effectively exploiting the potential of domestic consumption, businesses expect to make a breakthrough in the coming period.
