What is a General Market?

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The Editorial Board has received an inquiry from the email quyen***@gmail.com requesting an explanation of what a general market is and to provide documentation regulating this matter.

According to the provisions of Clause 7, Article 2 of Decree 02/2003/ND-CP on market development and management: (This clause is supplemented by Clause 1, Article 1 of Decree 114/2009/ND-CP)

A general market is a market that trades in multiple types of goods.

Additionally, the Editorial Board informs you about other terms such as:

- A specialized market is a market that specializes in trading one or several types of goods with distinct characteristics and unique features.

- A people's market is a Type 3 market (managed by the commune or ward) trading in common and essential goods that serve the daily needs of the people.

The above content stipulates the regulations regarding general markets. To understand this issue more clearly, you should refer to Decree 02/2003/ND-CP.

Sincerely!

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