PM directs urgent measures to stimulate domestic market, target 8% growth
The PM’s September 29 official dispatch requested the People's Committees of provinces and centrally-run cities to regulate supply and demand and stabilize the market.
PM calls for measures to develop domestic market
Stimulating consumption over the remaining months of the year has become necessary, according to PM’s dispatch.
HCMC effectively conducting market stabilization program
Ho Chi Minh City has implemented a “Market stabilization program” for 20 years, and currently has nearly 11,000 points of sale with the participation of 69 businesses. The program’s revenue is expected to reach more than VND22 trillion (nearly $1 billion) this year. In the context of deep integration, the program needs to develop a legal framework in line with commitments in international and domestic markets.
Aviation industry surpassing expectations
The Civil Aviation Authority of Vietnam has sent a report to the Ministry of Transport on the state of the aviation market in the first half of 2022. The domestic market has completely recovered and “boomed” in June, according to the report, with an increase of 38.8 per cent compared to pre-pandemic. The international market is also recovering gradually as airlines increase flight frequency and reopen or open routes.