Hundreds of Dong Xuan market traders protested the new kiosk rental price

Hundreds of Dong Xuan market traders protested the new kiosk rental price 4
Hundreds of Dong Xuan market traders protested the new kiosk rental price 4

On the afternoon of November 20, after not being able to meet with the leader of the market management unit (Dong Xuan Joint Stock Company) to express opinions regarding the adjustment of kiosk rental prices, hundreds of small traders gathered in front of the market gate.

According to Ms. Nguyen Thi Phuong (clothing business), after receiving notice of the plan to adjust the rental price of business locations at the market for the period 2015–2019 and the application form to continue renting the location of

“We asked to meet with the company’s leaders twice, but they all used reasons to delay and refused.

Ms. Phuong said that the new price is too high and if it is transparent, the management unit must organize a meeting to get opinions from all 3,000 small businesses, not just from industry representatives and the Women’s Executive Committee.

Dong Xuan market traders gathered to protest the new kiosk rental price.

Recalling the fire in 1994, Ms. Bui Thi Phuong said that small businesses then had to contribute money to build a new market, but now they have almost no rights left.

Also according to Ms. Phuong, in the old contract, small businesses had the right to sublease the kiosks.

“Our wish is to keep the terms of the old contract, adjust the reasonable rental price and return the parking space to the market.

Also talking about contributing to the construction of Dong Xuan market after the fire, Ms. Nguyen Thi Chi, doing business on the 2nd floor, commented that while Tet is coming to an end, small businesses are busy preparing for business.

Ms. Chi was upset: `When I received the notice, I was surprised.

Talking to the press the same afternoon, Vice Chairman of the Board of Directors, General Director of Dong Xuan Joint Stock Company, Mr. Do Xuan Thuy said that this unit is taking steps to adjust kiosk rental prices.

“After calculating the plan, the company reported to the Standing Committee of the Hoan Kiem District People’s Committee and the Standing Committee agreed to make adjustments.

According to the General Director of Dong Xuan Joint Stock Company, the business has established groups to receive comments from small businesses.

`We should not conclude whether the new kiosk rental price is high or low because there will still be appraisal by state agencies and approval by the City Committee to have an accurate price,` Mr. Thuy said.

Kiosk rental prices for the period 2015 – 2019 are expected by Dong Xuan Joint Stock Company as follows:

For market stalls: In the first 30 months (2.5 years), adjusted to increase by 17%;

For kiosks around the market: In the first 30 months (2.5 years), the adjustment increased by 22%;

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