The event in Hanoi’s Tay Ho district, which lasts from August 15-19 with about 90 booths, is to respond to the campaign “Vietnamese prioritize Vietnamese goods” launched in the capital city.

A booth at the fair in Tay Ho district, Hanoi. (Photo: VNA)

It offers a chance for businesses to promote their products and set up consumption connections, and for consumers to access quality Vietnamese products.

The fair is among the 73 programs and events sketched out this year by the municipal Department of Industry and Trade, aiming to remove difficulties for businesses, said its Deputy Director Nguyen The Hiep.

Statistics show that in the first seven months of this year,  Hanoi’s index of industrial production (IIP) grew 5.2 per cent from the corresponding time last year, and its total retail sales of goods and revenue from consumer services reached 475.3 trillion VND (18.97 billion USD), up 10 per cent year-on-year. Meanwhile, its export turnover stood at 10.4 billion USD, up 10.8 per cent year-on-year.

In the rest of this year, the city will continue putting in place drastic solutions to spur economic development, focusing on implementing the program on socio-economic recovery and development, improving the business environment and the competitiveness of domestic enterprises, and removing obstacles for the real estate market to promote production and public investment disbursement.

The department has also urged other departments, agencies, and the People’s Committees of districts and townships to continue their support to businesses in trade promotion and consumption connectivity while stepping up the communications work.