Imported agricultural, fishery products encroach domestic market

Imported agricultural, fishery products encroach domestic market

The signing of many free trade agreements (FTAs) with other countries has helped several Vietnamese goods, including agricultural and aquatic products, open their doors widely to the world. In the opposite direction, the domestic market has also been importing a large volume of agricultural and fishery products from foreign countries, especially countries with trade relationships with Vietnam, creating more product diversity and more choices for consumers.
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Corporate Bonds issuance still very strong

Private offerings and transaction of corporate bonds in the domestic market, along with offering of corporate bonds to the international market will soon be regulated under Decree 153/2020/ND-CP. This follows a cooling off in the last four months of 2020 due to the impact of tightened issuance conditions under the earlier Decree 81/2020/ND-CP.  
Customers go shopping at a supermarket. (Photo: SGGP)

Domestic market has lots of potentials

Despite the Covid-19 pandemic, Ho Chi Minh City's retail revenue in 2020 is estimated at more than VND759.71 trillion, up 11.9 percent over the same period in the previous year. According to forecasts, retail activities will continue to grow strongly this year, and there are still lots of potentials for enterprises to exploit.
Consumers go shopping at Aeon Mall in Tan Phu District. (Photo: SGGP)

Several trade promotion programs launched to boost demand at year’s end

According to the Ministry of Industry and Trade, the general purchasing power on the market showed signs of improvement, and the supply of goods, especially the group of essential food products, was very abundant in November this year. To maintain stable prices, enterprises need to focus all resources on production, organize more promotional activities and promotions to stimulate shopping demand at the end of the year.
Garment industry has seen a decrease in the number of export orders. (Photo: SGGP)

HCMC supports enterprises to develop domestic market

In the past two months, Ho Chi Minh City has implemented several measures to support enterprises to revive and develop production and business after the period of social distancing to prevent Covid-19.
Farmers harvest shrimps in Soc Trang Province. (Photo: SGGP)

Ministry carries out measures to recover shrimp export markets

Since the beginning of this year, prolonged hot weather and saltwater intrusion have caused disadvantages for shrimp-farming areas in the Mekong Delta. Besides, the Covid-19 pandemic has also affected the export of shrimps, leading to a decline in export turnover.
The production of dairy products at Vinamilk. (Photo: SGGP)

Vietnamese enterprises do business amid Covid-19 pandemic

Expanding the domestic market is currently the direction of many Vietnamese enterprises amid the context of the Covid-19 pandemic. When the export situation has not improved, many enterprises have posted significant growth in the domestic market in the past four months.