Ha Noi strengthens consumption stimulus programmes
|Ha Noi will create favourable conditions for businesses and cooperatives in supplying agricultural products and food, and carrying out trade promotion activities. (Photo: VNA)|
"The most important stimulus solution is to ensure the quality of goods and increase incentives for customers, and at the same time, enterprises must enhance the production of high-quality goods," said Tran Thi Phuong Lan, acting Director of the Hanoi Department of Industry and Trade.
In addition, many trade promotion activities will be implemented to support connections, brand promotion and product consumption for Vietnamese businesses.
Ha Noi will also organise a supporting industry fair to display key industrial products; and an exhibition for the introduction and sale of handicraft products manufactured under the One Commune, One Product (OCOP) programme.
Ha Noi will create favourable conditions for businesses and cooperatives of other provinces and cities in supplying agricultural products and food, and carrying out trade promotion activities in the city.
Trade promotion programmes are associated with promoting the branding of Vietnamese goods. They are expected to efficiently connect production and consumption, and increase revenue for businesses as well as total retail sales of goods and services, helping the city achieve its socio-economic development goals.
Besides that, the capital city continues to implement programmes to stabilise the market of essential products. Accordingly, enterprises are asked to ensure the supply of goods, and transport of customers and goods.
Nguyen Manh Quyen, Vice Chairman of the Hanoi People's Committee, said Ha Noi's promotion programmes are creating favourable conditions for businesses to recover and develop production and business, and contributing to completing the socio-economic targets of the city in 2022.
Departments, districts, towns and associations continue to support connections, administrative reform, and the removal of difficulties for businesses, Quyen said.
Businesses need to prepare enough goods and ensure quality, clear origins and reasonable prices. They also need to deploy attractive promotion programmes, he said.
In addition, producers and traders of Vietnamese products favoured by consumers need to develop and advertise brands, and expand domestic and export markets.
According to Lan, the pandemic has had a great impact on consumers' incomes, causing a significant reduction in purchasing power. Since the end of 2021, Viet Nam has controlled the pandemic, so many commercial and service activities have gradually resumed, contributing to the recovery of economic growth.
Total retail sales of goods and services in April was estimated at 53.6 trillion VND, up 2.8 percent on month and 7.1 percent on year.
In the first four months of this year, the total retail sales of goods and services reached 214.8 trillion VND, an increase of 8.4 percent on year.
Ha Noi's consumer price index (CPI) in April decreased slightly by 0.05 percent on month. But CPI increased by 2.13 percent compared to December 2021 and 3.42 percent over the same period last year.
The city's average CPI of the first four months of 2022 increased by 2.85 percent on year.