On February 16 (the 7th day of Lunar New Year), PLO observed trading activities at some markets in Ho Chi Minh City such as Ba Hoa Market (Tan Binh District) and Tan Phu 1 Market (Tan Phu District) were not bustling with shoppers.
Influx of goods in the market gradually increased
Some vendors were still on holiday for Tet, and the variety of products sold at the stalls was not as diverse as usual. Therefore, depending on the sellers, prices of vegetables, pork, and fruits have decreased in some places compared to before Tet, while in some places, prices are still high.
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According to representatives of Hoc Mon wholesale market, the average amount of agricultural and food products imported to the market is 2,300 tons per day, including 1,605 tons of vegetables, 340 tons of fruits, and 385 tons of pork (about 5,000 pigs per night). From the 4th day of Tet until now, the volume of imported goods has been gradually increasing.
Specifically, on the evening of the 4th day and the early morning of the 5th day of Tet, the total amount of goods imported to the market was 1,100 tons, including 878 tons of vegetables, 189 tons of fruits, and 33 tons of pork. The number of reopened market stalls was 176.
On the evening of the 5th day and the early morning of the 6th day of Tet, the total amount of goods imported to the market reached 1,452 tons, including 1,054 tons of vegetables and fruits, 234 tons of fruits, and 164 tons of pork. There were also 201 reopened market stalls.
On the night of the 6th day and the early morning of the 7th day, the total amount of goods imported to the market continued to increase to 1,619 tons, including 167 tons of pork, equivalent to 2,380 pigs.
The prices of various pork cuts are as follows: young rib is 130,000 VND/kg, pork belly is 130,000 VND/kg, tenderloin is 70,000 VND/kg, and lean meat is 90,000 VND/kg… Compared to before Tet, some items have reduced in price but are still relatively high.
According to representatives of Hoc Mon wholesale market, from the 15th day of the first lunar month onwards, the volume of goods imported to the market will return to normal.
Supermarkets continue to offer promotions
After Tet, supermarkets continue to launch promotions to boost consumer demand. Photo: TU UYEN
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Some retail systems have been open to serve the people since the 2nd day of Tet, and until now, they continue to launch programs to stimulate consumer demand.
Accordingly, in addition to reducing prices for over 1,000 essential items, customers who spend 500,000 VND or more at 800 retail locations nationwide, such as Co.opmart, Co.opXtra, Co.op Food,… will receive lucky money in the form of shopping vouchers worth up to 100,000 VND.
At the same time, in order to serve the need for detoxification after the Tet holiday, the Saigon Co.op retail system has increased the production of vegetarian food by 30% compared to normal months, with prices reduced by 10%-30%.
The GO!, Big C supermarkets of Central Retail nationwide will implement the program “Always low prices”. Many items such as fresh local seafood, imported seafood, fruits, and vegetables will be discounted by 28%-33%…
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According to the Ministry of Finance through reports from the Provincial Finance Departments affiliated to the Central Government; through monitoring the market situation before and during Tet, prices have not shown any unusual fluctuations. According to the annual pattern, on the 1st and 2nd day of Tet, there are few trading activities, so prices remain stable. Food and flower prices may increase locally at local markets during the remaining Tet days. After Tet, especially after the 15th day of the first lunar month, prices will gradually return to normal. According to the Ministry of Finance, the reduced consumer demand and limited purchasing power since 2023 until now have contributed to the stable prices due to abundant supply. However, the ministry has proposed that relevant units continue to implement synchronous tasks related to market price management, operation, and stabilization before, during, and after Tet. |
TU UYEN
