Special shopping "season" begins, goods are on sale up to 100%

The maximum limit for the value of goods and services used for promotions in December 2024 can be up to 100%, instead of being limited to 50%.

On the morning of December 2nd, in Hanoi, the Ministry of Industry and Trade held the launching ceremony for the "National Concentrated Promotion Program 2024 - Vietnam Grand Sale 2024".

The Ministry of Industry and Trade organized the launching ceremony for the "National Concentrated Promotion Program 2024".

The program will be implemented nationwide from December 2nd, 2024 to December 31st, 2024. At the launch ceremony, Mr. Le Hoang Tai, Deputy Director of the Trade Promotion Department (Ministry of Industry and Trade), stated that the 2024 National Concentrated Promotion Program is built and implemented on the basis of creating a "special season" in 2024. This is an opportunity for all businesses in all sectors and industries of the Vietnamese economy to proactively develop and implement promotional programs. The maximum value of goods and services used for promotion can reach 100% depending on the business's choice, instead of being limited to 50%, and businesses do not need to go through any selection or review process by state agencies to participate in the program. "Businesses will proactively develop promotional programs with diverse and attractive content and formats to provide customers and consumers with more opportunities to access quality goods and services at suitable prices," Mr. Tai added. According to Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan, to effectively implement the program, the Ministry of Industry and Trade has requested the Departments of Industry and Trade of provinces and centrally-administered cities, associations, industries, and relevant agencies, businesses, and individuals to organize and participate in the program. Simultaneously, the program will be launched nationwide. Deputy Minister Nguyen Sinh Nhat Tan emphasized that the national-level concentrated promotional program will help maximize the recovery of the domestic market, increase total retail sales of goods and consumer service revenue during the end of the year, and contribute to maintaining high economic growth. According to the Ministry of Industry and Trade, total retail sales of goods and consumer service revenue in the first 10 months of 2024 at current prices are estimated at VND 5,246.2 trillion, an increase of 8.5% compared to the same period last year. Source: https://nld.com.vn/bat-dau-mua-mua-sam-dac-biet-hang-hoa-duoc-khuyen-mai-toi-100-196241202125005389.htm