According to the Domestic Market Department, the Tet shopping atmosphere on the last day of the Year of the Rabbit remained quite lively, with abundant supply of goods and a slight decrease in purchasing power compared to the previous days.
This year, people tend to shop later than in previous years, with purchases gradually increasing in the week following the 23rd day of the 12th lunar month as they try to balance their shopping plans with their year-end salaries and bonuses.
By the 30th day of the Lunar New Year, consumers mostly focus on buying fresh food, vegetables, flowers, and fruits for the New Year's Eve and year-end offerings. Other items (dried goods, confectionery, alcoholic beverages, soft drinks, etc.) have already been purchased in the days before. People shop at markets and supermarkets in large numbers throughout the 30th day of the Lunar New Year.
The supply of goods for Tet (Lunar New Year) at supermarkets, shopping malls, and convenience stores is abundant and diverse. Combined with several promotional programs and deep discounts, prices remain stable compared to normal days and only increase slightly compared to the previous Tet (mostly due to increases already seen during the year) because of rising input costs.
Prices of goods remained stable on the 30th day of the Lunar New Year.
With guaranteed product quality, convenient shopping options, stable prices, many items priced lower than in traditional markets, and home delivery services, modern distribution channels are increasingly attracting customers.
At traditional markets, supply has also increased and is quite abundant, but demand is lower than last year, mainly focusing on fresh food, fruits, and vegetables. Prices tend to be higher than usual, but there is no shortage of goods or unreasonable price increases.
Up to now, the prices of most essential goods for Tet have not increased dramatically. Pork prices remain stable compared to the 29th and are similar to last year. The price of large tiger prawns has increased by about 5% or is similar to previous days.
Prices of high-quality white rice and glutinous rice remained stable due to pre-Tet shopping by the public. Prices of other goods, such as chicken and beef, were similar to those on the 29th day of the lunar month.
Prices of fruits used for religious offerings have increased by about 5%; prices of fresh flowers and vegetables remain stable compared to the previous day. Compared to the same period last year, the prices of vegetables and some types of flowers such as chrysanthemums, lilies, gladioli, and roses are about 5-15% cheaper and there is no shortage.
The fresh food market was relatively lively on the 30th day of the Lunar New Year. As usual, pork prices tended to increase slightly in the days leading up to Tet due to high demand, but supply remained sufficient to meet consumer needs. Beef and chicken prices increased by 5-15% compared to normal days.
According to the Ministry of Industry and Trade , the abundant and diverse supply of goods gives consumers many choices when shopping during Tet. In addition, the fact that supermarkets and convenience stores remain open until the end of the 30th day of the lunar month and resume service early after Tet helps to curb the tendency of people to hoard goods, thus prices generally do not fluctuate much.
Ngoc Vy
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