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Over VND9tril for rural trade development

According to the Trade and Industry Ministry, up to 45% of goods have been transported to markets. Nguyen Xuan Chien, vice head of the Domestic Market Bureau under the Ministry, said the target of rural trade development aims at stimulating consumption and raising goods consumption. Therefore, in 2010, the work of inspection, assessment and re-structure of trade co-operatives in rural areas will be completed basically. 

Accordingly, planning the trade infrastructure for rural area will be the top priority, with a sum of VND 31.5 billion up to 2011.

By 2015, 50% of border markets, border-gate markets, and markets in border-gate economic zones will be upgraded and built. From now to 2020, VND 1,534 billion will be poured in upgrading 142 markets of these kinds and building 276 ones.

In 2012, wholesale markets of agro-products are built in concentrated production zones, such as rice market in Cần Thơ City, agro-produce market in Nghệ An and Hải Dương Provinces, and vegetable market in the Central Highlands of Lâm Đồng. These are the foundation to establish agro-product auction and trading centers. Up to 2020, 31 agro-product wholesale markets will be upgraded and 82 built in rural areas, with the total estimate of VND 6,040 billion.

Besides, the State will invest VND 1,500 billion in building 3,000 communal-level markets.

The investment capital source for the project will be disbursed from the State capital in combination with the capital source mobilized from enterprises, co-operatives, business households.

Reported by Chinhphu – Translated by A.C

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