Vietnam a Southeast Asia sourcing hub: Walmart
Vietnam is one of Walmart’s most important sourcing markets as also a sourcing hub in Southeast Asia, says Walmart executive vice president Avaneesh Gupta.
Gupta, who is in charge of sourcing textiles, garments and fast-moving consumer goods, was speaking at an event series on "Connecting the international supply chain of goods" held September 13-15 at the Saigon Exhibition and Convention Center (SECC).
The events are co-chaired by the Ministry of Industry and Trade (MoIT) and the People's Committee of Ho Chi Minh City.
Gupta noted that Walmart was the world’s largest omnichannel retailer, bringing value to customers and communities around the globe through its stores and e-commerce businesses. Each week, more than 240 million customers visit the group’s 10,500 stores, clubs, and numerous websites in 19 countries, he said.
"We employ more than 2.1 million associates worldwide. None of this would be possible without great relationships with our suppliers and marketplace sellers. We value these partnerships and appreciate the opportunity for us to continue to strengthen resiliency in our supplier base by participating in events like this where we are able to meet and discuss opportunities to do business together," Gupta said.

Avaneesh Gupta, Walmart executive vice president in charge of sourcing textiles, garments, and fast-moving consumer goods, speaks at an event in HCMC, September 13, 2023. Photo coutersy of Ministry of Industry and Trade.
Since Walmart established an office in HCMC in 2013, Vietnam has become one of Walmart’s most important sourcing markets and also a hub for sourcing around Southeast Asia, Gupta said.
Walmart’s sourcing teams facilitate the export of Vietnamese products around the globe, including to the U.S., Canada, Mexico, Chile, and China. The retail giant also sources food products, including seafood, cashews, soy milk, coffee, fresh fruit, and fruit snacks from Vietnam.
Gupta commented that Vietnam has the potential to grow exports of a variety of general merchandise and food products, such as footwear, home goods, toys, mango, durian and coconut.
"We look forward to speaking with many of you and exploring opportunities to source more products from Vietnam, whether that be for our private label or for our marketplaces around the world.
“Walmart’s commitment to help customers save money and live better starts with great products, made by great people. We always work with carefully selected partners who meet our high standards for quality, act with integrity, and respect their people."
Gupta said Vietnam’s importance as a sourcing market for Walmart will continue to grow in the coming years. The group appreciated the Vietnamese people, workers, businesses, and resources that make it possible to export products that are produced in a responsible and regenerative way around the globe.
Previously, the MoIT stated on its website that Walmart will focus on purchasing products in these six main industries and offered advice to domestic businesses that wish to participate in the group's value chain.
In order to join Walmart's billion-dollar global value chain, Vietnamese businesses need to pay special attention to three core issues: building strategies with long-term goals, solutions for supply chain and logistics, and product design and development capabilities, the ministry said.
In a meeting with the ministry, Walmart said that the most important factors when evaluating suppliers in Vietnam were capacity, financial stability, sustainable development, and fulfilment of with environment related commitments.
- Read More
Vietnam's leading property developer Novaland denies 'panic selling' amid chairman-linked share divestments
Novaland has denied allegations of panic selling following major planned divestments by entities linked to its chairman Bui Thanh Nhon, affirming that the moves are strategic steps to support its ongoing debt restructuring, not signs of instability.
Companies - Tue, May 13, 2025 | 8:17 am GMT+7
Vietnam's leading dairy firm TH Group inaugurates large-scale plant in Russia
TH Group inaugurated its state-of-the-art fresh milk processing plant in Borovsk district in Kaluga oblast of Russia on Sunday.
Companies - Mon, May 12, 2025 | 10:37 pm GMT+7
Indonesia accelerates development of 5G ecosystem
Indonesian Minister of Communication and Digital Affairs Meutya Hafid has reaffirmed the government’s strong commitment to building and strengthening the 5G infrastructure and technological ecosystem both nationwide and across the Asia-Pacific region.
Southeast Asia - Mon, May 12, 2025 | 9:37 pm GMT+7
Vietnam's benchmark VN-Index rallies on positive US-China deal
VN-Index surged by 15.96 points, or 1.26%, to 1,283.26 on Monday following positive information from the trade talks between the two world powers - the U.S. and China.
Finance - Mon, May 12, 2025 | 5:07 pm GMT+7
Northern Vietnam province Bac Giang seeks faster progress on Aeon Mall project
A top leader of Bac Giang province has expressed his hope that Aeon Mall Vietnam, under Japanese retail giant Aeon Mall, would push ahead with its 7.7-hectare commercial center project in order to put it into operation as soon as possible.
Real Estate - Mon, May 12, 2025 | 4:50 pm GMT+7
Work starts on many major investment projects in northern Vietnam city Hai Phong
Twelve key projects saw construction kick-start or inauguration on Sunday in the northern port city of Hai Phong.
Industries - Mon, May 12, 2025 | 4:13 pm GMT+7
Vietnam’s solar strategy for trade-tense times
Prime Minister Pham Minh Chinh on April 15 issued Decision 768 approving Vietnam's Amended National Power Development Plan VIII for 2021-2030, with vision to 2050. The decision reaffirms the government's commitment to renewable energy and positions the country as a regional frontrunner in the global energy transition, writes Dr Nguyen Vinh Khuong, a lecturer in electronic and computer systems engineering at RMIT Vietnam.
Consulting - Mon, May 12, 2025 | 2:36 pm GMT+7
Vietnam's pepper exports surge 58% in value despite lower volume
Vietnam’s pepper exports in early 2025 saw a significant rise in value despite a drop in volume, thanks to sharp increases in export prices.
Companies - Mon, May 12, 2025 | 1:30 pm GMT+7
Vietnam’s chemical giant launches e-commerce platform
State-owned Vietnam National Chemical Group (Vinachem) unveiled its e-commerce platform VinachemMart in Hanoi on Saturday, a move demonstrating its bold green and digital transformation strategy.
Companies - Mon, May 12, 2025 | 1:24 pm GMT+7
Central Vietnam city Danang seeks investors for $69.3 mln semiconductor chip lab
Danang city is seeking investors for a VND1.8 trillion ($69.29 million) project to establish a laboratory dedicated to advanced chip packaging technology.
Industries - Mon, May 12, 2025 | 12:53 pm GMT+7
Vietnam’s private economy resolution requires different implementation approach: economist
Resolution 68-NQ/TW, issued on May 4, 2025 by the Politburo - the country's supreme decision-making body, introduces breakthrough perspectives on the position and role of the private sector, says Dr. Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM),
Economy - Mon, May 12, 2025 | 9:38 am GMT+7
Vingroup subsidiary expects 17-fold surge in net profit
Vietnam Exhibition Fair Centre JSC (VEF), a subsidiary of conglomerate Vingroup, said it targets to rake in a net profit of VND16 trillion ($615.89 million) in 2025, nearly 17 times higher than last year’s figure.
Companies - Mon, May 12, 2025 | 8:22 am GMT+7
Vietnam, Russia sign cooperation agreements in diverse sectors
Vietnam’s Party General Secretary To Lam and Russian President Vladimir Putin witnessed the exchange of cooperation documents between the two countries following their Moscow summit meeting on May 10.
Politics - Sun, May 11, 2025 | 10:28 pm GMT+7
Russian heavyweights seek opportunities in Vietnam's energy, high-tech fields
Prominent Russian companies Zarubezhneft, AFK Sistema, and Positive Technologies are seeking investment opportunities in energy and high technology in Vietnam.
Industries - Sun, May 11, 2025 | 10:16 pm GMT+7
Vietnam, Russia adopt major orientations to chart course for bilateral ties
Vietnam and Russia have adopted a Joint Statement on major orientations to chart course for bilateral relations on the occasion of Party General Secretary To Lam's official visit to Russia from May 8-11.
Politics - Sun, May 11, 2025 | 9:18 pm GMT+7
Vietnam's leading tour operator Vietravel before capital hike: Revenue grows, profit shrinks
Ho Chi Minh City-based Vietravel has seen strong revenue growth over the past three years on the tourism industry's post-pandemic recovery, but its profit has continued to decline, with a profit margin of only around 0.5%.
Companies - Sun, May 11, 2025 | 1:34 pm GMT+7