Từ khóa: #spontaneous markets

Vice Chairman of HCMC People’s Committee Duong Anh Duc yesterday paid several inspection visits to wholesale produce markets of Binh Dien, Thu Duc, and Hoc Mon.

Up to now, although the volume of goods arrived at the three wholesale markets of Hoc Mon, Thu Duc, and Binh Dien has been increasing sharply, the purchasing power remains modest, decreasing by 30 percent, 50 percent, and 60 percent, respectively, because spontaneous markets on the roads around these wholesale markets have taken market share.

According to the Department of Industry and Trade of Ho Chi Minh City, 103 out of 234 traditional markets have resumed operations in the city by October 22. Localities that have not reopened markets yet include District 7, Binh Chanh, Hoc Mon, and Nha Be districts. It is expected that districts in HCMC will reopen 19 more markets from now until October 25.

Despite hesitance, many wholesale markets, as well as traditional markets in Ho Chi Minh City, have begun to increase the volume of goods and open their doors to welcome customers. However, many small traders in wholesale and traditional markets said that they were still worried that spontaneous markets would surround and vie them for goods and customers.