Big sums to develop rural trade

VGP – Up to 2020, about VND 9,126 billion will have been spent on developing trade in rural areas, so that all communes have their own markets and 80% of towns organize some kinds of small and medium-scale distribution.

January 07, 2010 3:25 PM GMT+7

Rural trade networks remains quite weak

The PM just signed Decision 23/QÐ-TTg on January 6 approving the plan on rural trade development in the period of 2010-2015 and with visions to 2020. The plan aims at stimulating domestic consumption.

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 Plan also mentions different models of rural trade development, including business individuals and households, trade cooperatives, production and processing enterprises.

Many preferential policies on tax and credit will be offered to encourage enterprises to expand their business activities in rural areas.

By Phương Hạnh