In the context of deep global integration, venturing into the “great ocean” is no longer just an option but a vital necessity for expanding growth opportunities. To create a solid launchpad, the Prime Minister issued Decision No. 626/QD-TTg, officially approving the Program for Reaching Out to the International Market for the 2026 – 2030 period (the GoGlobal Program). This is considered a pivotal milestone, opening up numerous breakthrough opportunities for the country’s export activities.
The following article analyzes the new policy mechanisms in depth and provides a practical roadmap to help Vietnamese enterprises optimize their supply chains and conquer the most demanding markets.
1. Overview of the “GoGlobal Program” – New Support for Vietnamese Export Goods
The core objective of the Program is to promote the Vietnamese private sector’s presence abroad in a comprehensive and sustainable manner through international investment and business activities. The State commits to playing an enabling role, accompanying businesses with support and risk-sharing spirit.
Ambitious Target Figures by 2030
According to the orientations of the Decision, specific milestones to be achieved include:
-
At least 10,000 turns of businesses will be professionally trained in implementing global business.
-
100 businesses will receive intensive support for overseas investment, with 30% through Mergers and Acquisitions (M&A) strategies.
-
At least 100 businesses will be comprehensively supported to participate in regional and global value chains.
-
100 businesses will be supported to operate effectively on cross-border e-commerce platforms, aiming for at least 10 businesses to reach online export revenue of over 10 million USD.
This demonstrates the determination to turn trade agreements into real results, bringing Vietnamese export goods deeper into high-value supply chains.
2. The Digital Era and the Revolution in Export Sales Channels
To survive and thrive, production units cannot rely solely on traditional methods. Digital business model transformation is mandatory.
The Power of B2B International Trade Platforms
Currently, a reputable B2B international trade platform (Business-to-Business) acts as the fastest bridge to bring Vietnamese goods to the world with optimized costs. Instead of spending billions on traveling abroad for trade fairs, building and operating booths on cross-border platforms helps reach millions of international buyers every day.
The Government also focuses on organizing digital trade promotion campaigns, such as the “Vietnam Digital Export Week” on e-commerce platforms. At the same time, the State will build a “Trust Mark” program for businesses operating in the digital environment. This is a huge anchor of trust when trading with foreign enterprises.
Diversifying International Sales Channels
Besides e-commerce, establishing physical international sales channels and logistics services still plays a key role. The GoGlobal Program focuses on supporting businesses to build distribution systems abroad, including warehouses, agents, trade centers, and logistics services.
3. Focusing on the Spearhead Sectors of Vietnam’s Source of Goods
To optimize budgets and resources, support from the Program will be focused and targeted. Vietnam possesses absolute advantages in many core manufacturing sectors. Taking good advantage of support policies to develop raw material areas and upgrade production chains will help elevate the following industry groups:
-
Agricultural exports: With the application of traceability technology and meeting origin certification standards regarding carbon footprints, Vietnamese agricultural products are gradually moving away from the “cheap” label toward higher-end segments in the EU and US.
-
Seafood exports: This has always been a key strength. Improving production capacity, meeting strict requirements for biodiversity protection, and enterprise due diligence are keys to maintaining market share.
-
Handicraft exports and processing industries: The sophistication and cultural stories behind each product are highlights that attract partners. Supporting the improvement of design skills suitable for international tastes and consumer cultures will significantly increase the marginal value of this group.
4. Standardizing the Value Chain: The Problem of Positioning “High-Quality Vietnamese Goods”
Global consumers are increasingly demanding. They don’t just need cheap products; they need a quality product that is environmentally friendly and socially responsible.
Greening the Supply Chain
Current technical barriers revolve around emission issues. The GoGlobal Program provides intensive consulting packages to help businesses build low-emission business strategies, implement the greening of production chains, and comply with environmental regulations.
R&D Asserting the Position of Vietnamese Suppliers
To avoid being overshadowed, a Vietnamese supplier must transform from original equipment manufacturing (OEM) to original design manufacturing and original brand manufacturing (ODM/OBM). The State provides strong orientation for improving R&D capacity, developing high-end packaging, product design, and registering intellectual property protection in foreign markets. In particular, reviewing and upgrading the “National Brand” identity will help industries use it consistently, creating a professional and recognizable image globally.
5. Practical Handbook: Secrets to a Successful Transaction
Opportunities are many, but legal and commercial risks when reaching out globally are not small. To ensure every successful transaction, businesses need to proactively equip themselves with knowledge and fully utilize the support ecosystem from the State:
-
Understand Legal Matters and Risk Management: Proactively seek advice on contract negotiation, compliance with local laws, and dispute resolution mechanisms.
-
Use Synchronized Information Systems: Utilize the Portal (Vietnam GoGlobal Platform) to update data on international buyers, tariff regulations, and business culture.
-
Expand M&A Negotiation Capacity: For large corporations, M&A is the shortest way to acquire source technology and distribution channels. Take advantage of Government support in technology appraisal and connecting with foreign partners.
-
Integrate Modern Technology: Do not hesitate to apply AI Chatbots, automate customer care, and secure cross-border payments using digital financial technology (fintech).
Conclusion
The journey to turn Vietnam’s source of goods into a global icon requires persistent effort and long-term strategic thinking. With the practical companionship of Decision 626/QD-TTg, the business environment is more open than ever. Businesses need to quickly grasp digital tools and comply with strict quality standards to create real leaps on the world trade map.
FAQ – Frequently Asked Questions
1. What does Decision 626/QD-TTg support for businesses wanting to expand exports?
Decision 626/QD-TTg provides comprehensive support packages: from strategic mindset training, removing institutional and procedural bottlenecks, to practical support in contract negotiation, credit access, international branding, and developing cross-border e-commerce booths.
2. Which agency is primarily responsible for implementing the GoGlobal Program?
The Ministry of Industry and Trade is the focal point of the Government for organizing the implementation of the Program, responsible for presiding over and coordinating with ministries, sectors, and localities.
3. Can startup businesses participate in this Program?
Yes. The Program prioritizes businesses with innovative capacity, especially innovative startups with global business models.
4. Does the State provide any support regarding capital and finance when investing abroad?
The Program aims to support businesses in accessing capital mobilization channels, venture capital funds, and international investment funds. At the same time, the Government will research the establishment of a Fund or suitable model to provide support in terms of capital, credit, guarantees, and export insurance.
