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Update news traditional market
More than 8,000 traditional markets will be converted into food safety markets as the Government has assigned the Ministry of Industry and Trade to amend the decree on market investment and development.
With traditional markets in HCM City struggling amid the COVID-19 pandemic, more and more of their shop owners are looking to sell their goods on online channels such as delivery apps and social media.
Flowers and ornamental trees sourced from China are overwhelming Vietnamese flowers at traditional and online markets. Japanese orchids are selling like hotcakes despite high prices.
VietNamNet Bridge – 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.
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VietNamNet Bridge – Modern retailing channels make up 20 percent of the domestic retail market, while the proportion keeps rising, expected to reach 40 percent by 2014, a report from Vietnam Report said.
VietNamNet Bridge – More modern and better served than traditional markets, more convenient than supermarkets as located in residential quarters, convenience stories are believed to be the places housewives go to most usually.
While the Hanoi People’s Committee has many times affirmed that the city would speed up the plan to develop modern supermarkets and shopping malls, the Hanoi People’s Council does not think this way.