On June 28, at Vinh Market, reporters recorded that trading activities were still maintained in most areas, although there were times when the number of visitors was less.
Although some kiosks have to temporarily close, the business situation is gradually changing positively thanks to support measures from authorities and efforts by traders to innovate themselves.
Mr. Nguyen Huu Dac, Head of Vinh Market Management Board, said: "We understand the difficulties that traders are facing. The Management Board is coordinating with local authorities to reduce the cost burden for traders. Support measures have been and are being implemented, helping small traders reduce financial pressure and focus on business development".
In addition to efforts to reduce costs and provide financial support, the application of technology and improving facilities is an important factor to increase the competitiveness of Vinh Market. The Management Board has implemented plans to upgrade infrastructure, renovate sanitary areas, and promote the market through online channels, helping traders reach new customers.
Mr. Dac shared: "We are developing a plan to innovate the market's business model, from creating promotional programs, to improving service quality and reaching customers through digital platforms".
In addition, according to the Head of Vinh Market Management Board, the general trend is that traders at Vinh Market have changed their business thinking, boldly investing in diversifying products and services.
The closed stalls are gradually being replaced by new kiosks with creative business models, attracting customers not only from within the province but also from neighboring areas.
To solve the problem of empty kiosks and increase the vitality of the market, it is necessary to maintain and promote the inherent potential of Vinh Market. Traders need to cooperate closely with each other and with authorities to improve business processes and improve the quality of products and services.
Along with that, local authorities and organizations supporting small businesses also need to have training programs to improve skills for small traders, creating a flexible and dynamic business environment, in line with modern consumption trends" - Deputy Director of Nghe An Department of Industry and Trade Tran Thanh Hai shared.
Vinh Market is facing major challenges, but also full of opportunities. Removing difficulties and supporting traders is not only the responsibility of the government but also an opportunity for the business community here to improve competitiveness and sustainable development. Current efforts are a first step to creating a dynamic, innovative business environment and adapting to the changing market.
