The Covid-19 pandemic could not prevent locals from buying gold in anticipation of the upcoming God of Wealth Day, especially as gold firms are now taking the sale online.

The Hanoi Department of Industry and Trade sets a target of 10.5% retail sales growth in 2020.

While FTAs are beneficial to Vietnamese enterprises, only foreign-invested firms so far are able to take full advantage of these trade deals, stated a senior government official.

The country’s retail network could be modernized thanks to European investment, technologies and high standard governance.

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

The Vietnamese trade minister urged enterprises to take advantage of existing free trade agreements (FTAs) to find new export opportunities.

The event of connecting supply – demand between Hanoi and other provinces/ cities has increased goods consumption, however, in order to form the linkage from production to distribution, it is necessary to have the active participation of enterprises and provinces.