Thang Long - Hanoi

Shoppers prefer traditional markets
24/06/2012 | 11:40:20
EMAIL PRINT Bookmark and Share SHARE Font Size A A A
The trend to upgrade or replace traditional markets with supermarkets in Vietnam 's urban areas was not necessarily a good one for shoppers or traders.

According to statistics from Ministry of Industry and Trade's Domestic Market Department, there are more than 8,500 traditional markets, 600 supermarkets and about 102 shopping centres nationwide.

Traditional markets and vendors meet 95 percent of domestic demand for food and other necessities. Supermarkets and shopping centres cater to other customers, often foreigners.

Official surveys and public polls prove that traditional markets can survive the toughest competition with other retailers.

A researcher from the ministry's Trade Research Institute, Hoang Xuan Tho, said that traditional markets had the major advantage of being able to offer a big range of fresh foods at the cheapest prices - and support local farmers as well. "These markets play an important role in supplying necessities for poor customers," he said.

Meanwhile, vice director of Hanoi's Industry and Trade Department, Nguyen Van Dong, said that when markets are turned into supermarkets or shopping centres, the cost for premises increased, posing difficulty for small traders - who often have to push up the prices of their goods.

Moreover, trends prove that customers prefer buy food in traditional or street markets than in shopping centres, leading to a waste in investment.

In Hanoi alone, there are 411 traditional markets, including three wholesale ones. On average, each local district and town has 14 markets and each market serves about 15,200 residents.

Some major markets have been replaced with shopping centres such as Cua Nam , O Cho Dua and Hang Da. However, these new centres are reported to have failed to lure customers.

Stephanie Geertman from HealthBridge, a Canadian non-profit organisation, said that the trends in Vietnam and developing countries are to move away from traditional markets towards supermarkets.

However, she said, the shift can change the access and availability of food supply and impact the economy, environment, health and culture. For example, she said supermarkets are an easy entrance into a foreign market for large international food companies.

Supermarkets, especially when they first introduce, focus on processed, dry, and packaged foods because they enable economies of scale and have long shelf lives. "This means more food is imported, creating fewer employment opportunities for local farmers who produce local fruits and vegetables, decreasing opportunities for the urban poor to make an income," she said.

Moreover, fresh markets were important assets playing a key role in the identity of neighbourhoods, she said, adding that closing them can cause a loss in the sense of community and culture. She noted that traditional markets make many Asian cities, including Hanoi , unique.

Researcher Tho said that instead of replacing traditional markets, urban authorities should develop them and make sure they are in convenient locations for shopping. He backed a ministry plan that the Government should even offer incentives for people to build them.-VNA
COMMENTS
Your comments will be likely edited before publishing
Fullname
(*)  
Email
(*) 
Content
(*)
   
VN becomes leading smart phone producer
Vietnam is becoming a leading smart phone producer in the world, according to “Nihon Keizai” daily.
Hanoi pours more money into epidemic control
Hanoi decided to allocate 760,000 USD for the prevention of diseases on poultry and farm animals.
5 trillion VND mobilised from Gov’s bonds
Hanoi Stock Exchange sold 5 trillion VND worth of gov't bonds issued at an auction on May 13.
PM Nguyen Tan Dung begins Russia visit
PM Nguyen Tan Dung on May 12 began his four-day official visit to Russia.
Vietnam wins two golds at Asian Physics Olympiad
Vietnam has won two golds at the 2013 Asian Physics Olympiad in Indonesia.
Red River culture, sport, tourism week starts
The Culture-Sports-Tourism Week and the second Red Flamboyant Festival kicked off in Hai Phong.
3G users in Vietnam sharply increase
The number of 3G users in Vietnam in 2012 increased about five times compared to the previous year.
Vietnam urges int'l law compliance in East Sea
All activities of parties in the East Sea must comply with international law, said Foreign Ministry.

EMAIL PRINT Bookmark and Share SHARE Font Size A A A
Other websites:
Partners: