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Mar 4, 2024

Hanoi outlines plan for consumer demand stimulus program

Hanoi plans to organize the 2024 Promotion Program to stimulate consumer demand and boost economic growth, with trade promotion activities scheduled for May, July, and November. The program aims to attract thousands of enterprises, increase retail sales, stabilize the market, and involve diverse and intelligent types of businesses. Promotional events in 2023 contributed to a 10.4% increase in total retail sales and service revenues in Hanoi, helping to curb inflation. Inspection of promotional sales businesses will be strengthened to ensure fair and healthy competition.

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