Vietnamplus

The National Strategy on Environment Protection aims to cut plastic bag use in traditional markets in half by 2020. However, the goal is difficult due to numerous factors.

Wholesale and retail markets in HCM City are busier than ever with the Lunar New Year (Tet) holiday only weeks away.

Hanoi’s Long Bien district began a project to renovate old traditional markets to be more modern in 2016, but only 13 of the 20 existing markets have been upgraded so far.

Vietnam’s rice export sector expects that the business will be better in the remaining months of the year as traditional rice markets of the country are increasing import.

Vietnam’s rice export has posted remarkable figures in the first half of 2018, and the sector expects business to get better as the country’s traditional rice market are increasing import.

Besides traditional markets such as the US, EU and Japan, Vietnamese enterprises should make inroads into the Middle East market, according to experts.

Ho Chi Minh City’s total retail and service revenue in the first six months of 2018 is estimated at 502.55 trillion VND (22.11 billion USD), up 11.7 percent over the same period last year.

Many Vietnamese garment firms have maintained high growth in traditional markets this year, including the US, the Republic of Korea, the European Union and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Domestic trade and services have played an important role in meeting people’s consumption demand and contributing to the economy’s growth in recent years, an official of the Ministry of Industry and Trade (MoIT) has said.

Vietnamese firms have had a lot of success while investing in foreign markets.

The Mekong Delta province of Kien Giang raked in nearly 137 million USD from exports during the first three months of this year, an 81 percent increase from the same period last year.

Prices of essential products in traditional markets returned to normal on the fourth and fifth days of the lunar year (February 19-20) after increases few days before the Tet holiday which lasted from February 14-20.

Researchers at Oxford University Clinical Research Unit (OUCRU) have recommended improvements in slaughtering and hygiene to limit cross-contamination with non-typhoidal salmonella, particularly in poultry wet markets in HCM City.

Local businesses should consider promoting trade to the Middle East market as a strategic and long-term orientation amid the falling demand in traditional markets.

The Mekong Delta province of Kien Giang earned 470 million USD from exports in 2017, surpassing its target by 17.5 percent, up 43 percent year on year.

Vietnam’s vegetables and fruits by mid-July continued to enjoy a rosy export growth, boding well for the export revenue of 3 billion USD for the whole year as forecast.

Policies continue to discourage the production and trade of local agricultural products, research findings by the Institute of Policy and Strategy for Agriculture and Rural Development show.

Vietnam’s seafood exports to the United States reduced in the first five months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The central coastal province of Thua Thien-Hue has promulgated an investment promotion plan for 2017, which aims to attract about 300-400 million USD in foreign investment.

The southern province of Dong Nai shipped 5.2 billion USD worth of goods abroad in the period from January-April, up 12.8 percent from the same period last year.