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Wholesale markets need more investment

Regarding the country’s key food distribution networks, wholesale markets have not yet undergone proper planning and development so far, according to experts.
Wholesale markets need more investment ảnh 1Binh Dien wholesale market in Ho Chi Minh City (Source: VNA)
Hanoi (VNS/VNA) - Regarding the country’s key food distribution networks, wholesalemarkets have not yet undergone proper planning and development so far,according to experts.

Thus, policies are necessary to develop wholesale markets to ensure food safetystandards and clear origins of products, according to opinions at a recentmeeting on wholesale markets in Vietnam.

A recent report by the Ministry of Industry and Commerce (MoIC) showed that bythe end of 2017, there were 8,539 markets, of which 83 were wholesale markets,accounting for 0.97 percent.

Most wholesale markets were in the provinces of Thanh Hoa, Quang Binh, Dong Thap,Tien Giang, Hung Yen, and Hanoi and HCM City.

The markets sold various products, from vegetables, meat and seafood to dry andsemi-processed foods, said the report.

Nguyen Van Hoi, Vice Director of MoIC’s Domestic Market Department told onlinenewspaper ufabetindo.in that along with modern retail models, wholesalemarkets had an effective network of product distribution which plays animportant role in connecting producers, distributors and consumers andcontributing to enhancing business capability of Vietnamese wholesalers,retailers and enterprises as well.

Additionally, a system of wholesale markets also helps stabilise prices andcreate jobs for labourers who live nearby.

Despite their important role, investment in wholesale markets has been modest,reported the paper.

Most wholesale markets had sparse infrastructure with few services, unhygienicenvironments and lack of fire fighting systems.

In Hanoi, there were 6 wholesale markets. But they were on such a small scalethat market prices could not be regulated.

Managing the quality of products at wholesale markets was also difficult, said DaoHa Chung, President of HCM City’s Hi-tech Association.

“Vehicles transporting goods to the markets must be tightly controlled toensure food safety”, said Chung.

“The wholesale markets must be equipped with systems to assess the origins ofgoods as well as their supply chains”, he said.

The prices of goods at the markets must be transparent and could notmanipulated, he added.

Sharing experiences of developing wholesale markets, Ricardo Lopez Piestch, arepresentative from Spain’s Mercasa Group, which owns 23 wholesale markets inSpain, said that one successful idea was to ensure the presence of farmers atwholesale markets.

This would help farmers to understand market demands, he said.

Food safety was tightly monitored by inspectors. This was an important factorfor the quality of wholesale markets, he added.

Vu Duy Dong, Head of Domestic Market Department, said to further developnetworks of wholesale markets nationwide, it was necessary to have policiesthat encourage private investors to upgrade old markets and build new ones.

It was essential to monitor the quality of goods and food safety at wholesalemarkets as well as to train professional market management staff./.-VNS/VNA
VNA

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