Is the Chinese-goods era to be followed by a Thai-goods era?

Is the Chinese-goods era to be followed by a Thai-goods era?

VietNamNet Bridge – More and more Thai goods will enter the Vietnamese market through modern distribution channels, but will not kill local production, as many people fear, experts say.

“Keep calm,” experts say

While some analysts are worried about the flood of Thai goods in the domestic market, others say they do not think Thai goods will be a big threat.

The director of a big supermarket chain in HCM City said that though there would be more Thai products in Vietnam, the volume of goods will not be big enough to cause difficulties for Vietnamese manufacturers.

“The Thai products most favored by Vietnamese are only sweets and some consumer goods,” he noted.

Meanwhile, Deputy Minister of Industry and Trade Ho Thi Kim Thoa has reassured the public, saying that all foreign retailers must abide by Vietnamese laws. They must promise that 80-90 percent of the goods sold at their chains are made in Vietnam.

An analyst noted that BJC’s strong point lies in its small-scale production and distribution (convenience stores, for example). Therefore, he does not think it will be able to get big overnight in the wholesale sector.

NLD

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