Domestic revenues of many industries, including garment and textile, footwear and paper grew some 12% in 2011 despite the weakened purchasing power in the country. The garment and textile industry alone made an outstanding domestic revenues growth rate of some 40% .
Photo: Dantri newspaper
The information was announced at a conference reviewing the “Buy Vietnamese” campaign held on December 28.
Deputy Minister of Industry and Trade Ho Thi Kim Thoa said the campaign in 2011 gained many encouraging results.
She reported that domestic sales surged 23.4%, with total goods circulation valued at VND 2,014 billion, showing the fact that Vietnamese goods are increasingly favored by local people.
Up to 33 cities and provinces nationwide have so far this year launched 156 trade fairs in rural areas, which saw the participation of over 1,627 enterprises and 655,179 local people. Fairs in border provinces have lured a lot of customers from the neighbouring countries of Laos and Cambodia.
Hanoi and Ho Chi Minh City have made efforts to bring Vietnamese products to remote areas, kindergartens and export processing zones.
Locally-made products much favored by consumers include garments, textiles, footwear, foodstuffs, fruits, vegetables, home appliances, construction materials, office equipment and furniture.
According to a report presented by the Vietnam National Textile and Garment Group (Vinatex), its domestic revenues are estimated to reach VND 17,200 billion this year, up 15% year on year.
Next year, especially during the Lunar New Year Festival, the ministry will closely monitor market changes to ensure goods supply, bringing more Vietnamese products to traditional markets and rural areas, said Ms. Thoa.