Vietnamese –made commodities make up 80 percent of domestic market, the Ministry of Industry and Trade yesterday announced at the ten-year anniversary of Vietnamese use Vietnamese-made goods campaign at the Cultural Friendship Palace in Hanoi.
Domestic garment market has a great potential as world famous fashion brands have been increasing their presence in Vietnam’s market. Amid the situation, local garment companies have adopted marketing strategies so as to promote their approach to customers and increase market share in home ground.
The Vietnamese market with 90 million population and huge purchasing power is "the pile of gold" which businesses have left aside to run after export, said Mr. Ngo Chung Khanh, deputy head of Multilateral Trade Policy Department under Ministry of Industry and Trade on Thursday.
Since the operation of Samsung factory in the Saigon Hi-tech Park (SHTP), the need for different kinds of mold has dramatically increased. However, due to the limit of technology and human resources, domestic mold manufacturers unfortunately cannot satisfy this demand.
