VOV.VN - With the implementation of the European Union – Vietnam Free Trade Agreement (EVFTA) looming, besides providing opportunities, the Vietnamese retail market is anticipated to face numerous challenges, with the industry facing the possibility of being "devoured" in the future.
VOV.VN - The opening of goods, services, and investment markets will allow a wealth of opportunities to be created for foreign investors to gain greater access to the Vietnamese market, while local firms will face greater competition in their home market, according to business insiders.
Tran Duy Dong, director of the Domestic Market Department, speaks to Vietnam News Agency about its plans to ensure supplies of essential goods.
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 the Ministry of Industry and Trade (MIT).
Local authorities have ensured adequate supplies of essential commodities to guard against any undue price rise in the local markets on account of floods, an official of the Ministry of Industry and Trade (MOIT) said on August 3 in Hanoi at the ministry's online meeting.