HCMC – The HCMC Department of Industry and Trade has rolled out a large-scale consumption stimulation program today, July 2, featuring 650 booths selling HCMC-based firms’ products and items and specialties supplied by a number of localities, offering discounts of up to 90% for customers in the city.
Nguyen Huynh Trang, deputy director of the municipal department, told Nguoi Lao Dong Online that as many as 90% of the firms participating in the four-day program are offering discounts from 40%-90% on products.
The program is aimed to serve as a bridge to connect enterprises and manufacturers with exporters and distributors, Trang said.
Speaking at the opening ceremony of the consumption stimulation program, Deputy Minister of Industry and Trade Do Thang Hai said that through the program, HCMC aims at helping the economy recover and boosting the development of the domestic market in the coming months.
HCMC Vice Chairman Tran Vinh Tuyen said that following the prime minister’s directive on post-Covid-19 economic revival efforts, HCMC as the southern economic hub has continually cooperated with numerous provinces to launch a series of consumption stimulation programs.
The domestic market plays an important role in the recovery and development of the economy, so the program is expected to help firms ramp up their sales, Tuyen noted.