Many people in Ho Chi Minh City have been in fear of food shortages over recent days, since COVID-19 triggered the closure of wholesale markets which were linked to a growing number of infections. The city’s Department of Industry and Trade therefore identified a number of solutions to guarantee sufficient supply of essential items for local residents.
Goods and services trading continued its upward trend in the January-April period with the retail sale value increasing at the highest rate since 2015.
Retail sales of food and foodstuffs in Ho Chi Minh City were worth 66.744 trillion VND (2.9 billion USD) in the first seven months of this year, or 17.46 percent of total retail sales.
The Vietnam-Singapore Industrial Park (VSIP) in the central province of Quang Ngai has attracted 17 projects worth a total 383 million USD since it commenced construction in 2013.
Following recent criticism of the Vietnam Food Association (VFA), the Ministry of Agriculture and Rural Development (MARD) has reduced the association’s power, with further plans to promote fairness in rice exports.
The Korea Rice Foodstuffs Association (KRFA) of the Republic of Korea inaugurated its Vietnam representative office in the Mekong Delta city of Can Tho on December 13.
The Ministry of Agriculture and Rural Development fully supports the initiative of setting up a Food Transparency Association aiming to connect producers in supplying clean and safe foodstuffs.
HCM City-based companies have completed plans to produce enough goods for Tet (Lunar New Year), which falls on February 8 next year, according to the city’s Department of Industry and Trade.