In the first four months of 2025, Binh Duong province's trade and service sector experienced a growth rate of 14.8% compared to the same period in 2024. This is a positive outcome for the trade and service sector, especially considering the challenges posed by the global economy on the domestic economy.
High growth
As shopping malls, supermarkets, convenience stores, and markets develop towards socialization, trade and service activities in the province continue to grow steadily, maintaining a high growth momentum. According to Ms. Phan Thi Khanh Duyen, Deputy Director of Provincial Department of Industry and Trade, in the first 4 months of 2025, enterprises, shopping centers, and supermarkets actively implemented promotional programs, stabilized the market, combined traditional and e-commerce to attract people to shop. Total retail sales of goods and consumer service revenue is estimated at VND 126,144 billion, up 14.8% over the same period in 2024.
According to Mr. Doan Hong Tuoi, Deputy Secretary of Tan Uyen City Party Committee and Chairman of the City People's Committee, the local government has aimed to make services a key economic sector in recent years. By leveraging resources and support from the province, local businesses are enhancing their facilities to improve trade, services, and tourism in both quantity and scale. In particular, the city's trade and service sector is focusing on food and beverage services, as well as entertainment, with an emphasis on improving the scale and quality of service. This includes providing food and beverage options for residents and tourists, especially the thousands of workers living and working in the area.
Mr. Vo Chi Thanh, Vice Chairman of the Thu Dau Mot City People's Committee, stated that the city has recently focused on directing the implementation of its commercial infrastructure development plan. This involves reviewing and updating local plans to ensure consistency and synchronization, laying the groundwork for attracting investment projects and constructing large, modern commercial centers. Additionally, the city is allocating funds to renovate and enhance traditional business streets, transforming them into vibrant commercial areas while ensuring environmental sanitation and promoting the development of services in alignment with modern commercial standards.
Furthermore, the city actively supports businesses in developing modern e-commerce services by coordinating efforts to integrate various business and trade activities onto digital platforms. This initiative aims to connect and assist businesses in marketing their products through e-commerce platforms. The city is also focused on developing support services and facilitating fast, convenient electronic payments to improve service quality and competitiveness, ensuring that the needs of both production and the local population are effectively met.
Stimulate consumption
Starting in early 2025, businesses have increased the purchase and production of essential goods to stimulate consumption and ensure timely supply for consumers during peak days. As a result, many supermarkets and markets in the province are well-stocked with a variety of products and are offering numerous promotional programs.
Ms. Nguyen Thi Lan Anh, a representative from Binh Duong Go! Supermarket, stated that in celebration of April 30 and May 1, the supermarket is offering discounts of up to 50% on over 1,000 products. These discounts mainly apply to fresh food, processed food, beverages, and fashion items. All products undergo strict quality and origin inspections by the supermarket to ensure consumer safety and health. The supermarket supports customers with technological solutions such as scanning QR codes to trace product origin; applying smart sales management software; scanning codes for online payment on a digital platform, thereby contributing to gradually changing people's shopping and consumption habits in a civilized and modern direction.
Mr. Duong Bao Khuong, Deputy Director of Binh Duong Co.opmart Supermarket in Thu Dau Mot City, stated that the supermarket is enhancing its food quality inspections. All food items, particularly fresh products like vegetables, meat, and fish, undergo rigorous checks to ensure proper origin labeling, valid food safety certificates, and adherence to preservation protocols. The supermarket is committed to supporting its customers and contributing to the establishment of a healthy, safe, and sustainable consumer environment.
Ms. Phan Thi Khanh Duyen, Deputy Director of Provincial Department of Industry and Trade, mentioned that to enhance trade and service development efficiency, Binh Duong will continue to mobilize all available resources to quickly advance socio-economic infrastructure. The province will also encourage investments in e-commerce development to promote the digital economy and improve the effectiveness of state management in market activities. Additionally, the industry and trade sector aims to strengthen market management to prevent commercial fraud, ensure consumer rights, and enhance safety management in food production and trading. |
Reported by T.My, A.Tuan - Translated by Ngoc Huynh
