Long An (VNA) – The Mekong Delta provinces and Ho Chi Minh City signed an agreement on supply-demand connectivity and market stabilisation for 2019 during a conference in Long An province on December 19.
Accordingly, both sides will expand groups of goods with stable prices, assist firms in diversifying distribution networks and encourage them to join a programme to stimulate the consumption of Vietnamese goods.
Participants at the event suggested measures to stabilise the market in late 2018 and early 2019, including encouraging enterprises to join the market stabilisation programme, improve product quality and expand points-of-sale.
According to the municipal Department of Industry and Trade, 80 percent of goods supplied to Ho Chi Minh City come from the Mekong Delta localities.
In the past 11 months, total revenues from retail and services in the Mekong Delta provinces and Can Tho citys surpassed 829 trillion VND (36 billion USD), up 12.28 percent, higher than the country’s average.-VNA
HCM City promotes key transport projects
HCM City has recently called for private investment under the public-private partnership (PPP) model to kick off several key transport infrastructure projects under in the context of a limited State budget amid increasing transport demand.