While food and staples still hold the largest share (34.1%), spending on services—including hospitality, dining, and tourism—is growing faster at a rate of 12–14% per year.
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.
Ho Chi Minh City will host the International Food Industry Exhibition (HCMC FOODEX 2022) with the theme “Connecting Values for Development” from October 19 to 22 at the Saigon Exhibition and Convention Center (SECC). A large-scale international food exhibition introducing Vietnamese brands to the world, HCMC FOODEX 2022 will also help businesses connect and conduct trade, and access information and develop strategies to innovate machinery and advanced technology into the production process, to improve competitiveness and expand domestic and export markets.