Major international retailers are eyeing Vietnam as a crucial supplier and are establishing their presence by setting up offices in the country. This increased interest from global retailers presents both opportunities and challenges for Vietnamese suppliers, as product criteria and quality standards are becoming more stringent. For example, Walmart is intensifying its focus on sourcing a wide range of products from Vietnam, particularly food products, household appliances, electronics, footwear, toys, and tropical fruits. Avaneesh Gupta, senior vice president at Walmart International, stated, “We are eager to boost our sourcing from […]