Supply of essential goods such as vegetables and foodstuffs to HCM City is abundant and will even exceed demand during the rest of the social distancing period.
Supermarkets in HCM City have assured there will be no short supply of foodstuffs and other essential goods until the end of the extended social distancing period on June 30.
Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have expressed concern about its possible adverse impact on their business.
In the first seven months of this year retail sales of food and foodstuffs in HCM City were worth VND66.744 trillion (US$ ), or 17.46 per cent of total retail sales.
Viet Nam’s Dabaco Group (DBC) will transfer a part of its chartered capital in Dabaco Foodstuffs Processing Company Limited (Dabaco Food) to Kido Corporation (KDC) and DBC’s chairman of board Nguyen Như So.
Sai Gon Industrial Foodstuffs JSC (IFC) on March 23 listed three million
shares worth VND30 billion (US$1.34 million) on the unlisted public
company market (UPCom) of the Ha Noi Stock Exchange.
Viet Nam''s retail sales of goods and services rose 9.5 per cent this
year, the largest increase since 2011, as low inflation and strong
economic growth bolstered consumer confidence, data from the General
Statistics Office (GSO) revealed.
HCM City''s process-ing plants get farm produce, seafood, food and
foodstuffs from other southern cities and provinces. To ensure stable
supply and keep pace with the rising demand locally and elsewhere in the
country, the city has enhanced trade co-operation with 20 southern
localities.