Da Nang has implemented a range of measures to help local businesses increase their competitiveness and promote goods consumption.

According to Phung Tan Viet , Vice Chairman of the municipal People’s Committee, over the past years, enterprises in Da Nang have partnered with each other in production and trade.

However, the models of connectivity have remained incomprehensive and limited, thus failing to raise the firms’ competitiveness. At the same time, consumers have no chance to benefit from qualified products.

To help supply-demand links among businesses bear fruits, Viet said that his city has implemented many programmes, focusing on measures to connect firms and enable them to engage in supply chains.

Besides, price is also a factor decisive to businesses’ competitiveness in the market, he said, adding that the creation of production and consumption chains with low costs is seen as an effective way to help enterprises develop in a sustainable manner.

In the context that Viet Nam is integrating deeply into the world economy, it is necessary for businesses in Da Nang and other localities nationwide to create connectivity and supply chains in order to compete with foreign ones in both domestic and foreign markets.