Mangoes and safe agricultural products from Sơn La Provinces are being introduced at Big C Thăng Long supermarket in Hà Nội.

HCM City’s retail sales of goods topped VNĐ57.75 trillion (US$2.49 billion) in May, up 3.08 per cent against the previous month and 13.8 per cent from a year earlier, a report released on Thursday by the city Department of Industry and Trade has said.

Consumers are increasingly looking for natural and environment-friendly products and those with health benefits after the COVID-19 pandemic, according to the High Quality Vietnamese Product Business Association.

Over 90 percent of vendors at the largest garment market in Ho Chi Minh City have applied to cease operating in protest at plans to double rent.

The prices of meat, poultry and eggs are rising on the back of increasing production costs, but farmers are still suffering losses, local reports say.

Gasoline prices surged 30 percent within a year to a record high forcing consumers to tighten their belts, while merchants and companies experienced additional losses.

Việt Nam’s retail market is becoming a magnet for investors thanks to such favourable conditions as political stability, transparent capital control and large market size.

Some 230 businesses are displaying a wide range of products at the 2021 Promotion Fair which opened in HCM City on December 21.

About 47 out of 234 traditional markets in HCM City with traders of fresh food, dry food and essential goods have opened.