As reported by the General Statistics Office, only the amount consumed by the processing industry for 5 months only 3.6% over the same period in 2011, lower than 17.5% of same period previous year. Sale of products in the industry leads to slow processing of high inventories. Stock index at time 1/6 by 26% over the same period last year. The inventory is increasing at a high level but there was a positive trend in recent months. The evidence is that over the same period last year, stock index in March was 34.9% in April was 32.1%, 29.4% in May and June was 26%.
Talking to VnExpress.net, Vu Vinh Phu, former deputy director of Ha Noi Trade Department said total retail sales of consumer services is only the first 6 months increased 6.5%, after excluding weak the price. While this number is the golden years up to 11-12%. Mr. Phu said that the nature of the inventory is due to too little money from the population, income workers reduce or even lose their jobs because many businesses shut down.
"Liquidation cheap that consumers have no money there would not be shopping," said Phu said. Accordingly, former deputy director of Ha Noi Trade Department said that discounts must be coupled with increased demand, increased liquidity in the population. However, Vu Vinh Phu said, promotion to substantive, and then go down the virtual price increase to 50-70% for customers only question that consumers lose confidence and the more difficult to consume more goods.
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