The Hanoi Department of Industry and Trade has recently assessed the price trends of vegetables and fruits over the past period and outlined strategies to balance supply and demand for the upcoming Lunar New Year.
According to the department, the primary reason for the price hike in certain vegetables and fruits during November 2025 was attributed to prolonged heavy rains and storms, which caused flooding and delayed the winter crop planting schedule in many localities. Additionally, the supply from northern provinces to Hanoi and transportation activities faced significant challenges.
However, once the weather stabilized, farmers swiftly resumed production, and the supply of vegetables from other provinces and imports was restored, leading to a gradual decrease in prices from late November onwards.
Farmers in a vegetable-growing region in Hanoi
To ensure a balanced supply and demand of essential goods for the Lunar New Year, the Hanoi Department of Industry and Trade launched a market stabilization program in mid-2025, involving 19 participating units and supplying goods at over 10,700 sales points across the city. Simultaneously, the department strengthened regional linkages, connecting over 4,000 agricultural products and regional specialties, as well as more than 3,400 OCOP products from Hanoi, into modern distribution systems. This approach enhances supply chain autonomy and minimizes price fluctuations.
The department has also developed a reserve plan for goods during the Lunar New Year, requiring businesses to increase their stock by 10-20% compared to regular months, ensuring no shortages or supply disruptions. The distribution network, comprising 30 shopping centers, 131 supermarkets, 469 markets, over 2,000 convenience stores, and various e-commerce channels, is fully mobilized to meet the shopping demands of residents.
In parallel, market inspection and control efforts have been intensified. The Hanoi Market Management Force has launched a campaign to combat smuggling, trade fraud, hoarding, and speculation, strictly addressing any unreasonable price increases during the Lunar New Year. These measures aim to stabilize the market and protect the rights of consumers in the capital.
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