A wave of shutters closed down kiosks in Buon Ma Thuot market.
For several days now, hundreds of kiosks selling shoes, clothing, and cosmetics at the central market of Buon Ma Thuot city (Dak Lak province) have been closed, ceasing operations. The usually bustling marketplace now wears a deserted look.
Not just the storefronts, but numerous kiosks inside, from the first to the second floor, are also locked up.
This situation arose from the afternoon of June 4, following news that authorities would be inspecting the origin of goods, documents, and red invoices.
Ms. Do Mai Linh, owner of a still-operating stall in Zone C of Buon Ma Thuot market, shared: “We operate legally and pay taxes, but most of us only have handwritten invoices when purchasing goods. So, we are worried about the news of inspections and seizures of goods with unclear origins.”
Ms. Doan Thi Bach Tuyet, 62, who has been selling goods for 40 years, expressed similar concerns: “I am older and have limited legal knowledge. I mostly deal with small suppliers and only have handwritten invoices. If asked to provide a complete origin trace, I wouldn’t know what to do.”
Many traders shared that the central market of Buon Ma Thuot mainly caters to low-income earners, so they primarily sell affordable, everyday items.
Local residents visiting the market were surprised to find so many closed kiosks. Ms. Nguyen Thi Tho, a resident of Buon Ma Thuot, came to buy sandals but couldn’t find what she was looking for due to the mass closures.
Regarding this issue, Mr. Nguyen Anh Linh, Deputy Director of Buon Ma Thuot Investment, Construction, and Trading Joint Stock Company, acknowledged the situation of many traders closing down due to invoice and document inspection fears. However, as of now, the company has not received any official notification from the authorities.
According to Mr. Linh, due to the news of inspections, many traders are fearful and have chosen to shut down voluntarily. As of the evening of June 6, over 100 kiosks selling clothing, shoes, cosmetics, and sundries have temporarily ceased operations.
Mr. Linh’s company has been educating traders about the necessity of clear product origins and the need to prepare invoices, business licenses, and other documents for inspections. Understandably, the traders are anxious and concerned.
Mr. Nguyen Anh Linh shared that the Buon Ma Thuot Investment, Construction, and Trading Joint Stock Company only manages the market premises and is not well-versed in the procedures to guide the traders. Therefore, he hopes to collaborate with the authorities to educate and guide the traders on declaring goods, preparing documents, invoices, contracts, etc., to comply with regulations during inspections. With specific guidance, the traders will be more cooperative and at ease.
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