Opening markets disadvantage Vietnamese firms Several experts have expressed worries that Vietnamese goods may lose their standing in the domestic market after a Thai group bought Metro  Metro AG agreed to sell all 19 of its Vietnamese stores to a Thai group named Berli Jucker (BJC) for USD879 million as the German retailer prepares to withdraw from In 2013, the Thai billionaire Dhanin Chearavanont bought a supermarket in The effect has spilled over into Vu Minh Phu, chairman of the Ha Noi Supermarket Association, said, "Thai entrepreneurs have a long-term and detailed plan to gain access to the Vietnamese retail market. They hold four exhibitions each year, bringing visibility of their products to wholesalers and retailers alike. We need a similar policy that is suitable for this country in order to balance the market and create opportunities for domestic producers. I think supermarkets should have a quota of Vietnamese products on display on their shelves." Starting in 2015, a number of foreign firms will be tax-exempt as a result of ASEAN agreements. This is expected to temporarily cause problems for Vietnamese producers. Many experts point to a focus on quality and brand recognition as a solution. By Nguyen Tuyen, dtinews.vn |
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