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Domestic market - The fulcrum helps businesses overcome difficulties (08/20/2020)
The fulcrum helps businesses overcome difficulties

According to statistics, although the total retail sales of goods and services in 7 months of this year decreased by 0.4% compared to the same period last year, the total retail sales of goods in 7 months still accounted for more than 79%, 3.6% higher than the same period last year. In the context of many difficulties in the export and import markets, the interruption of international economic trade due to epidemics, the domestic market has become an important pillar.
Deputy Minister of Industry and Trade Do Thang Hai admitted that since the beginning of 2020, only the first time, when there is patient number 17, the next morning there is the phenomenon of people and consumers. Buying goods, but after that, the goods were promptly supplied and fully met the needs of the people. Since then until now, even with the return of Covid 19, a similar situation has not occurred.
“We can assert that these are essential goods to serve the needs of people in the whole country, not just in big cities like Hanoi and Ho Chi Minh City, but these are nationwide. Thus, we have met the essential needs to serve the people ”, Deputy Minister Hai affirmed.
Although the epidemic has been complicated, in the past 7 months, thanks to the good connection between supply and demand and favorable circulation of goods, consumers are guaranteed to use quality goods, which does not happen at present. in stock, the price fever of essential goods. According to statistics, at present, Vietnamese goods account for more than 90% in the distribution bases of domestic enterprises, at foreign supermarkets, from 60% to 96%. As for traditional retail channels, the proportion of Vietnamese goods in convenience stores and markets is 60%.
Especially, after 6 years of implementing the Project to develop the domestic market associated with the campaign "Vietnamese people give priority to using Vietnamese goods", perceptions and behaviors of consumers towards goods and services have been marked change; Vietnam's distribution system is strongly developed.
Ms. Nguyen Thi Kim Dung, Director of Co.opmart Hanoi Supermarket, said that under the direction of the Ministry of Industry and Trade, the distribution systems have deployed a series of practical and effective programs to respond to the campaign. Saigon Coop supermarket system has built points of sale, planned and provisioned goods supply to prevent epidemic diseases and stabilize the market.
“Saigon Coop has deployed small stores, convenience stores, crept to residential areas in order to promptly serve consumers and relatives to meet all the needs of consumers in epidemic outbreaks. Besides, Saigon Coop also connects with domestic manufacturers to carry out promotions to meet the needs of consumers ”, Ms. Dung added.
The potential of the domestic market is more clearly demonstrated through the Covid-19 epidemic, even in a complicated situation, goods are still plentiful, there is no phenomenon of hoarding of goods, showing the strength of the goods. Vietnam and domestic distribution system. However, according to experts, at this time, it is very important to promote the campaign "Vietnamese people give priority to using Vietnamese goods", creating a link between businesses and localities to support the consumption of products. Products.
Ms. Truong Thi Ngoc Anh, Vice Chairman of the Central Committee of the Vietnam Fatherland Front, Deputy Head of the Central Steering Committee of the campaign "Vietnamese people give priority to using Vietnamese goods" said that, to a certain extent , the connection between Vietnamese enterprises to create a chain of links is still broken, therefore, in the first months of the year, with the impact of the epidemic, many Vietnamese enterprises have to stop production. even some businesses go bankrupt, because the value chain has not yet been built.
“In the coming time, we hope to further raise the spirit of strength, promote internal strength, develop economic, maintain macroeconomic stability, and overcome the problem of material supply failures. as well as targeting a market of nearly 100 million people so that we can improve the capacity of Vietnamese businesses ... ”, emphasized Ms. Anh.
The complicated developments of the Covid-19 epidemic are creating significant challenges to our country's economy. However, with the strong participation of ministries and branches, the support of consumers, Vietnamese businesses can turn challenges into opportunities, Vietnamese products will affirm their brands in the market. is more and more trusted by Vietnamese consumers.
Source: Ministry of Industry and Trade
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