In an effort to overcome current shortcomings and improve the efficiency of traditional markets, Hanoi will review and adjust the market network in tandem with infrastructure planning.
The management companies of Binh Dien, Thu Duc and Hoc Mon wholesale markets have asked HCM City authorities to adjust their “very outdated” management fees as they have had to compensate for losses.
Vietnam will have 1,300 supermarkets and more than 300 commercial centres in the next 10 years, making an important channel for people to access to safe food sources, said MIT.
The local retail community has asked the Government to develop policies to help the industry compete with foreign counterparts as a more liberal trade environment has intensified competition recently.
Vietnam's tuna exports to China have risen sharply this year but exports to traditional markets like the US, EU and Japan have fallen, according to the industry association.
The Village of Ethnic Culture and Tourism will host traditional markets offering traditional food and delicacies of localities across the northern region from October 16-18.