Thursday, 14 June 2012

HCM City to crack down unlicensed markets

The HCM City People's Committee has asked the local Department of Industry and Trade to study solutions to stop the construction and operation of unlicensed markets and those which violate planning regulations. From now to 2015, HCM City put a moratorium on building new markets, reduce the number of existing markets This is among main contents in the city's plan on the orientation development of markets, supermarkets and trade centres through 2015. From now to 2015, HCM City will put a moratorium on building new markets, reduce the number of existing markets in the inner city and particularly clamp down on unlicensed markets. The People's Committee has also urged districts to refurbish local markets to ensure fire safety, hygiene and security. Markets will also be required to have parking areas, public restrooms, rubbish bins and drainage. The Department of Industry and Trade will work with concerned agencies to classify markets, supermarkets and trade centres, as well as help localities to offer training coursers for market managers in marketing and food hygiene training for traders. The city will also encourage investors to build supermarkets and trade centres at transport hubs, shopping areas, pedestrianised streets, new urban areas and markets that operate with losses. So far this year, overall sales have dropped by 30-40% at traditional markets in HCM City, as shoppers turn to supermarkets and trade centres, which are clean and often offer attractive promotions. At these newer facilities prices are marked, so they do not have to worry about being cheated. Many HCM City traders seek to sell their market stalls Due to the decline in sales many traders at traditional markets in HCM have offered to sell stalls, or have gone out of business to avoid further losses. Sellers at Vinh Loc Market at Binh Chanh District and Thi Nghe at Binh Thanh District are among those hardest hit. Up to 15% of traders at Vinh Loc Market stopped selling from Monday to Friday. One trader, Duong Thi Nguyet, said, some months ago, she bought the stall from a friend for VND70 million (USD3,300), but now she has been forced to sell it at a loss because of its unprofitability. Downtown markets have also seen markedly fewer customers, including Thi Nghe Market. Vietnam tours
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