Trade and services grow well in the first quarter of 2025

According to the Department of Industry and Trade, since the beginning of 2025, the department has effectively implemented market stabilization programs, organized connections between the province's distribution enterprises and local sources of goods to ensure balance between supply and demand of essential goods and stabilize the market. The highlight in the development of trade and services is reflected in the rapid increase and vibrant wholesale and retail types. According to statistics, there are currently about 400 enterprises operating in trade and services in the province and over 10,000 individual business households operating in this field. Along with that, civilized commercial business types such as: Supermarkets, shopping malls, convenience stores, convenience stores are increasingly flourishing; traditional markets, commercial store systems are also widely developed, covering even remote villages. The increasingly modern retail market has contributed to meeting people's consumption needs as income and living standards are increasing. Right from the first months of 2025, Ninh Thuan retail market has shown positive signs. The source of goods is diverse, abundant, basically ensuring quality and origin. In supermarkets, shopping malls, retail stores, goods have listed prices and are sold at listed prices; non-cash payments have become popular, contributing to building a civilized and safe commercial environment.

Consumers choose to buy products at GO! Ninh Thuan Supermarket. Photo: N. Diep

In addition to the proactiveness of units, in order to promote the acceleration of the retail market, the province has also directed sectors and localities to create all favorable conditions, be more active in removing difficulties and obstacles in production and business for enterprises, promote production and business, and at the same time attract investment in the fields of trade, tourism and services. The estimated total retail sales of goods and service revenue in the first quarter of 2025 reached 11,830.32 billion VND, an increase of 14.86% over the same period. In addition, the province's export activities have made a strong breakthrough, the province's export turnover is estimated at 33.55 million USD, an increase of 44.2% over the same period last year and reaching 25.8% of the yearly plan. Export items focus on key products such as: Garments, seafood, cashew nuts and some other items. Notably, businesses have exploited orders and expanded new markets, so seafood and cashew products have had outstanding growth, of which seafood increased by 50.4% and cashew nuts increased by 71.1% over the same period. Garment products continue to play a key role, accounting for more than 50% of the province's total export turnover.

Trade promotion activities and accompanying businesses continue to receive attention. Since the beginning of the year, the Department of Industry and Trade has coordinated with the People's Committee of Ninh Hai district to support 2 businesses to participate in booths displaying products at the Ramưwan New Year celebration of the Cham people in Xuan Hai commune (Ninh Hai). The Department also continuously updates programs and information on fairs, exhibitions, and trade connections in provinces and cities for businesses to know and register to participate, including: Information on events, fairs and exhibitions in Dak Lak province, Hai Phong city, Ho Chi Minh city... In particular, organizing livestream activities to introduce, promote and sell the province's OCOP products on the TikTok platform for businesses, production and business establishments in the province. Thereby promoting local products and promoting the consumption of OCOP products and the province's specialty products through digital platforms.

Mr. Ho Xuan Ninh, Director of the Department of Industry and Trade, said: The business and service activities in the first quarter of 2025 in the province were quite vibrant, with increased demand for consumer goods and travel. Prices of goods and basic services were basically controlled, with no sudden price increases. Many businesses, commercial establishments, supermarkets, and shopping centers always maintained an abundant supply of goods and increased investment in new, diverse products, organized many promotional programs to stimulate demand, attract a bustling number of consumers, contributing to increasing commercial revenue in the first quarter.

From the positive results achieved in the first quarter, the second quarter is identified as the key time to promote the retail market, associated with the province's tourism advantages. On that basis, the Industry and Trade sector will focus on implementing many groups of solutions, focusing on, such as continuing to diversify the commodity market in the province, maximally meeting the needs of consumers, expanding the network of retail stores, convenience stores, and points of sale in tourist areas. Continue to implement the Campaign "Vietnamese people prioritize using Vietnamese goods" in 2025 and activities to protect consumer rights in 2025. Focus on supporting and removing difficulties for businesses, coordinating the implementation of introducing, promoting, connecting, and consuming OCOP products, and typical products of the province. At the same time, deploy information on trade promotion activities and programs, exhibitions, and trade connection programs inside and outside the province; contributing to promoting the development of trade and service activities in the province, meeting the needs of the people.

Red Moon

Source: https://baoninhthuan.com.vn/news/152415p1c25/thuong-mai-dich-vu-tang-truong-kha-trong-quy-i-nam-2025.htm