What is a Class 3 Market?

I am a small trader, having conducted small-scale business at the market for many years, yet I still do not understand what a grade 3 market is, as I often hear the Market Management Board refer to it as such. Please kindly explain this issue to me. Sincerely thank you!Ngoc (016***)

According to the provisions at Point c, Clause 2, Article 3 of Decree 02/2003/ND-CP regarding the development and management of markets, Type 3 Markets are defined as follows:

- These are markets with fewer than 200 business points or markets that have not been invested for solid or semi-solid construction.

- They primarily serve the buying and selling needs of residents in the communes, wards, and surrounding areas.

The above is the content of the regulations on Type 3 Markets. To understand this matter in more detail, you should refer to Decree 02/2003/ND-CP.

Sincerely!

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