Vietnam’s Prime Minister issued Directive 29 to enhance domestic demand, support production, promote e-commerce, and reduce export dependency, fostering economic resilience and prioritizing local consumption in its market development efforts.
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Vietnam’s Prime Minister issued Directive 29 to enhance domestic demand, support production, promote e-commerce, and reduce export dependency, fostering economic resilience and prioritizing local consumption in its market development efforts.
Key Points
Vietnam’s Prime Minister issued Directive 29/CT-TTg, aiming to bolster demand and market development, particularly in e-commerce, to strengthen the domestic economy. This effort seeks to reduce reliance on exports and enhance local market growth.
The directive emphasizes support for investment projects, facilitating domestic markets, and reviewing policies for local businesses, highlighting the importance of local consumer demand for sustainable economic growth.
E-commerce will play a crucial role in this strategy, with stricter regulations on imported goods and initiatives to promote Vietnam-made products through digital platforms,…