National conference reviews 10 years of “Vietnamese people prioritize Vietnamese goods” campaign

Deputy Prime Minister Trinh Dinh Dung speaks at the event

Deputy PM Dung made the statement during a national conference reviewing the 10-year implementation of the “Vietnamese people prioritize using Vietnamese goods” campaign in Ha Noi on August 2.

He stressed the significance of the summarization in drawing experience and identifying goals and tasks for the time ahead so that the campaign will be implemented in a wider and more practical and effective fashion.

Over recent times, in the realization of the Party and Government’s guidelines, the PM has issued a number of directives, resolutions, decisions and documents to organize the effective implementation of the campaign, the official said.

He stated that the campaign has created trust and attracted the interest in buying and consuming Vietnamese goods among Vietnamese people (both at home and abroad) and foreigners, in addition to upholding consumers’ rights and responsibilities in supervising and combating counterfeit goods and helping the authorized agencies to deal with the cases.

Photo: VGP

The campaign has also helped Vietnamese enterprises realize the vital importance of improving product quality, upgrading technology and production lines, protecting trademarks and accessing the market in a more organized manner. At the same time, it stimulates great potential in terms of resources and business and distribution capabilities of all economic sectors, Deputy PM Dung said.

According to statistics from the Ministry of Industry and Trade, Vietnamese goods always account for 90% or above at domestic supermarkets. Concerning traditional retail channels, Vietnamese commodities take up a share of 60% or above at markets and convenience stores.

Viet Nam’s economy has shifted from trade deficit to trade surplus (2010: trade deficit of US$12.5 billion; 2018: trade surplus of US$7.2 billion). Some strength industries have increased the localization rate and the science & technology content in products, with the rate of domestic raw materials of the garment & textile industry occupying 50%, while the leather and footwear industry posting a localization rate of 40-50%.

  By Vien Nhu