According to Lao Dong, along the main streets of Dien Bien Phu City such as Vo Nguyen Giap, Hoang Van Thai, Truong Chinh streets... it is not difficult to see shops closed and with notice of land lease.
Present at the rental store in Group 2, Tan Thanh Ward, Dien Bien Phu City, Ms. Tran Thi Ha said: I hung up a rental sign for a store of more than 50 square meters nearly a month ago without anyone asking. Previously, customers rented it for 5 million/month, now I have reduced it to 4 million VND and no one has called for it yet".
Ms. Ha added that because her family is not in the business, leaving a house without it would be very expensive. "Along Vo Nguyen Giap Street, I find business very difficult. Now, business is difficult, and we cannot get high prices. A house on the street costs several billion VND but is now a few million VND away and it is still difficult to rent" - Ms. Ha said.
Similarly, a homeowner in Group 6, Muong Thanh Ward, Dien Bien Phu City is also having a headache with a first floor of nearly 80m2 left vacant since Tet.
"I rented it out at 6 million/month but no one asked. My family lives on the 2nd floor, but if we don't use the first floor, it would be a waste. But the business situation is difficult, everyone is hesitant and calculating carefully... - the homeowner said.
According to Lao Dong's research, the gloomy picture of the rental market in Dien Bien Phu City stems from many causes.
A clothing shop owner on Vo Nguyen Giap Street said: "Not only the rent, but also having to worry about all kinds of expenses such as imported goods, paying staff salaries, electricity and water... Meanwhile, the number of customers is also small, the revenue is not enough to cover expenses".
According to this shop owner, the cost problem is weighing on small business households. In addition, fierce competition from online sales platforms and changes in consumer shopping habits.
Not only in Dien Bien Phu City but also in other districts in the province, many stores have chosen the solution of temporarily suspending business.
Traders said that they are afraid of being inspected and punished for not having enough documents proving the origin of goods when the authorities are in a peak period of inspecting and handling counterfeit, counterfeit, and goods of unknown origin nationwide.
In addition to the cause of goods origin, according to PV's research, many traders and small business households are still concerned and concerned when receiving information that is not complete about the new tax policy regulations effective from June 1.
