Traditional markets alter in the digital age, according to Phu Tho.
- 195
- Digital
- 22:08 05/07/2023
DNHN - With the change in appearance, product quality, and businesspeople's dynamism and responsiveness to catch up with the digital age, the traditional market has been able to increase its competitiveness and avoid falling behind the competition.
The entire province is currently home to nearly 200 markets, the majority of which are occupied by small merchants who produce and sell goods directly. The business items at the market are diverse in type and design, focusing primarily on fresh food, clothing, and home appliances...
In recent years, the proliferation of supermarkets, convenience stores, and online shopping has led to the gradual decline of traditional markets. Nevertheless, due to the cultural values and traditions of each locale, the traditional market will always occupy a particular place in contemporary social life.
There are approximately ten stable traditional markets in Lam Thao district's communes and towns. Typically, the market operates in sessions on set days. The markets meet an average of five to seven times per month, primarily in the morning.
Even though it is a rural market, the majority of customers are locals, and sellers have gradually adopted modern business practices such as cashless payment and selling through social networks. such as Facebook, Zalo... (online sales), and even simultaneous delivery. Ms. Nguyen Thu Thao, owner of a pork stall at a market in Hung Son town, Lam Thao district, shared: Sales hours are not only sold directly at the market; those who are busy and unable to purchase will call, and I will then deliver the goods to them. Currently, it is difficult to retain customers if you do not sell a variety of products.
Recognizing the importance of traditional markets in the distribution and retail sale of goods and in meeting the shopping needs of the populace, localities have increased the mobilization of resources to renovate and upgrade markets in recent years. As a result, permanent or semipermanent markets have been constructed with stalls that guarantee space and cleanliness.
Specifically, small merchants on the market promote business activities in the direction of modernity by developing a variety of models that accommodate consumers' shopping needs. To catch up with the trend, they are gradually adopting online sales channels via mobile phones and the Internet.
Many small merchants have actively transitioned to two forms of parallel business: direct sales at stalls and online sales, while catching up with technology trends, from vegetables and beans to meat and clothing. Transfer payments and scan QR codes with ease and convenience.
In addition, the non-cash payment helps the seller avoid risks such as torn currency, counterfeit currency, and time wasted exchanging change for customers. Ms. Nguyen Thi Nhu Quynh, a ward of Minh Phuong, shared: If you previously went to the market without bringing money back, you now only need a phone to purchase a bunch of vegetables for 10,000 VND, and you can also pay with your account. This makes me happy because it makes shopping convenient and satisfying.
It can be seen that a large number of people continue to exchange, buy, and sell goods at the traditional market due to their longstanding shopping habits. The traditional market has been able to avoid falling behind modern life thanks to business professionals' adoption of digital technology.
P.V
Related news
- QuickPack Group (Germany) invests Eur30 million in Dong Tam Group'S Southeast ASIA Long An Industrial Park in Long An (Vietnam)
- "The Vietnam-Korea Investment Cooperation Forum 2024 is a testament to the spirit of innovation and sustainable collaboration."
- KBIZ's 60-year journey in building a solid foundation for South Korea's small and medium enterprise community
- Gold peaks, stocks languish: Experts identify opportunities for investors
- What categories are included in the additional audit subjects?
- General Secretary Tô Lâm sounded the alarm on preventing and combating waste
- The potential of the blockchain and cryptocurrency
- Electricity price hike and the long-term energy dilemma
- Institutional obstacles "tie up" enterprises and challenge economic growth
- Vietnam stands poised to seize opportunities in the semiconductor industry
- Southeast enterprises integrate renewable energy into production
- ‘'Bầu Đức'’ and the banana revolution at Hoang Anh Gia Lai
- Foxconn expands investment with additional $80 million for chip production in Bắc Giang
- The National Assembly supports strong decentralization in public investment
- Dr. Nguyễn Văn Thân, Chairman of Vinasme: The 15-17% preferential tax rate fails to truly support small and micro enterprises
- Real estate capital faces risks from credit to bonds
- Vietnam emerges as a new hub in the global semiconductor industry
- Foreign investment: A key driver of Vietnam's economic growth
- Draft resolution on commercial housing: A new opportunity for the real estate market
- VINASME Championship SHB Cup 2024 Golf Tournament: Business leaders shine with elite swings
Đọc thêm Digital
The potential of the blockchain and cryptocurrency
Globally, the cryptocurrency market has seen significant growth. In Vietnam, despite not being officially recognized, cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple have emerged and are actively traded.
Vietnam ranked 4th globally in mobile app downloads
This statistic highlights significant opportunities for Vietnamese app developers to learn and improve to maximize growth potential.
Clear legal framework needed to regulate online pharmaceutical business
The online pharmaceutical business is becoming a crucial issue among experts and regulators.
Commercialization of 5G in Vietnam: Development opportunities and investment challenges
5G services in Vietnam are entering the commercialization phase, but telecom operators face significant challenges regarding investment costs and profitability.
Vietnamese digital enterprises and the journey to the world
Vietnam is a country with a strong rise in technology, and many Vietnamese digital enterprises are pioneering in expanding to the global market and achieving great success.
Viettel collaborated with Ericsson to promote the deployment of 5G networks
Viettel has partnered with Ericsson to jointly build a robust digital infrastructure, creating superior connectivity with 5G technology, bringing significant benefits to customers.
How to develop secure electronic contracts?
The forum to support businesses in digital transformation and e-commerce development is taking place on October 15, featuring new perspectives and providing strong motivation for companies to quickly adopt secure electronic contracts.
Significant drop in fraud cases following nearly three months of biometric authentication implementation
According to statistics from banks, the implementation of biometric authentication regulations has effectively deterred high-tech criminals from using personal accounts for money transfers.
Digital transformation in the retail industry – Towards sustainable development
The retail industry is entering the digital age. For sustainable development, businesses need to effectively combine digital technology with sustainable development goals.
AI applications driving sustainable Tourism in Khanh Hoa
On September 7th in Nha Trang City, the Nha Trang - Khanh Hoa Tourism Association, in collaboration with EduX Global Institute and TMA Technology Group, organized a seminar titled "AI and Digital Transformation Solutions for Khanh Hoa Tourism."