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Lesson 3: Further promoting the role of the domestic market

Báo Công thươngBáo Công thương19/08/2023


In addition, the Ministry of Industry and Trade also pays special attention to vulnerable groups such as remote areas and ethnic minority areas. Currently, the Ministry of Industry and Trade is implementing 9 programs and projects to connect goods to distribution channels such as goods of ethnic minorities, Vietnamese goods, OCOP goods, border and island goods, goods in the program to innovate agricultural business methods, food safety goods, etc. into the distribution system.

In particular, it is necessary to balance the development of modern and traditional trade. Currently, the Ministry of Industry and Trade has submitted a Decree to the Government on attracting domestic investment resources to renovate traditional markets so that people can have a livelihood, consume local goods, and preserve culture in traditional markets...

Regarding immediate solutions, this year, the Ministry of Industry and Trade has many important consumer stimulus programs that will be implemented from now until the end of the year. In particular, it pays special attention to national digital transformation programs, national promotions, market stabilization, etc. to bring goods to consumer markets. Currently, nearly 50 provinces and cities have market stabilization programs and by October, they will increase purchases to serve Tet. This is the boom period of the domestic market.

It must be affirmed that the domestic market will still be an important element in the "three-horse carriage" driving the country's economic growth. This has been affirmed in the Resolution of the 13th Party Congress. The domestic market development strategy to 20230, vision to 2045 - the most recent strategy with the clearest goals clearly states that the total retail sales of goods and consumer service revenue will strive to achieve an average growth rate of 12.0 - 12.5%/year. Therefore, the domestic market is very open to quality goods, the Quintessence of Vietnamese goods.



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