Mekong Delta provinces, HCM City boost goods trading
The Mekong Delta provinces and Ho Chi Minh City signed an agreement on supply-demand connectivity and market stabilization for 2019 during a conference in Long An province on December 19th.
Accordingly, both sides will expand groups of goods with stable prices, assist firms in diversifying distribution networks and encourage them to join a programme to stimulate the consumption of Vietnamese goods.
Participants at the event suggested measures to stabilize the market in late 2018 and early 2019, including encouraging enterprises to join the market stabilization programme, improve product quality and expand point-of-sale.
According to the municipal Department of Industry and Trade, 80% of goods supplied to Ho Chi Minh City come from the Mekong Delta localities.
In the past 11 months, total revenues from retail and services in the Mekong Delta provinces and Can Tho city surpassed VND829 trillion (US$36 billion), up 12.28%, higher than the country’s average.