What is a Permanent Market?

I would like to update my knowledge in related areas to better manage the market. However, there are many terms I do not fully understand, and I hope the Advisory Board can explain them to me. To be specific: What constitutes a permanent market? Which document stipulates this?Thanh Thanh (thanh***@hotmail.com)

According to the provisions of Clause 4, Article 2 of Decree 02/2003/ND-CP on the development and management of markets:

A semi-permanent market is a market constructed to ensure a usage duration of 5 to 10 years.

A permanent market is a market constructed to ensure a usage duration of over 10 years.

The above outlines the regulations regarding semi-permanent markets. To gain a better understanding of this issue, you should refer to Decree 02/2003/ND-CP.

Sincerely!

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