Vietnamese

Economy

Many stalls in Vinh market have unexpectedly closed down.

Quang An - Nguyen Hai • May 30, 2025 08:37

In recent days, many small traders at Vinh Market have closed their stalls and temporarily suspended business. The once bustling market has become unusually quiet.

Clip: Quang An - Nguyen Hai

Vinh Market is the largest market in Nghe An province with over 3,400 business households. For many years, Vinh Market has consistently maintained its position as a leading commercial center in Vinh City. Photo: Quang An

However, according to observations by reporters on May 29-30, this bustling market had sparse crowds and temporarily ceased operations. Photo: N. Hai

Particularly on the first and second floors of the main temple, hundreds of kiosks were observed to be "closed and locked". Photo: Quang An

The closed kiosks mainly sold clothing, shoes, household goods, etc. Photo: Nguyen Hai

According to statistics from the Vinh Market Management Board, out of approximately 1,000 stalls in the main market building, about 60% have closed and ceased business in recent days. Photo: Quang An

According to our investigation, the main reason many small traders are closing their stalls is fear of inspections. Goods at Vinh Market often don't have price tags, and prices are determined by the buyer and seller. Some traders also shared that they import a large quantity of goods and cannot guarantee that all of them have the necessary documentation, so they fear being fined. (Photo: Nguyen Hai)

Some small business owners continued packing up their goods to temporarily close for the afternoon of May 29th. Photo: Q.An

Behind the main market building in Vinh, the bustling scene of goods being loaded and unloaded is no longer present. Photo: Nguyen Hai

Besides worrying about inspection teams, some small traders also hope for a reduction in taxes and fees because business at traditional markets has not been favorable recently. Photo: Q.An

Besides the closed stalls, many others remain open for business as usual. The Vinh Market management board is currently encouraging and urging vendors to reopen their businesses; to sell goods with clear origins and comply with general legal regulations, protecting consumer rights. Photo: Nguyen Hai

Related articles

Read more

Read more

See more about Economics

Read more

Many stalls in Vinh market have unexpectedly closed down.

POWERED BYFREECMS- A PRODUCT OFNEKO