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Provincial leaders check the situation of goods supply and market prices during Lunar New Year

Việt NamViệt Nam01/02/2024

Accompanying them were leaders from the Department of Industry and Trade, the Department of Finance, the Market Management Department, and other relevant units.

The delegation conducted a survey of Tet holiday supplies such as food, groceries, and essential goods at Vinh Market and Go!Vinh supermarket in Vinh City.

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The inspection team checks the business situation at Vinh Market. Photo: Thu Huyen.

At Vinh market, it was observed that the supply of goods was abundant, with no shortages.

Vinh Market is planned to accommodate 3,200 businesses and is divided into main areas. These include the eastern area with 35 product categories; the main market area with 21 product categories; and the western area with 40 product categories, mainly selling essential goods for the Lunar New Year. Currently, goods are abundant and diverse; however, according to traders, buyers are scarce and purchasing power is slow. The reasons include the difficult economic situation , reduced incomes, and competition from online sales in traditional sales channels.

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According to local residents, the economy is difficult this year, and business is slow. Photo: Thu Huyen

At Go!Vinh supermarket, goods are abundant and diverse, ensuring quality and clear origin, serving a wide range of customer needs, targeting the mid-range and higher consumer segments.

Mr. Tran Anh Khang, the supermarket director, said that this year, people started shopping later for Tet (Lunar New Year), but the number of customers increased significantly in the days leading up to the holiday. To date, Tet revenue has increased by 10%, and the target of 20% growth for this period is likely to be achieved.

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The inspection team checks goods and Tet holiday preparations at Go!Vinh supermarket. Photo: Thu Huyen.

During the inspection, Mr. Le Hong Vinh, Standing Vice Chairman of the Provincial People's Committee, assessed that goods for the Lunar New Year (Year of the Dragon) this year are abundant and meet the diverse needs of the people. He also requested that leaders of markets and supermarkets proactively stockpile goods before, during, and after Tet, especially essential goods such as rice and food, ensuring safe quality, reasonable prices, and food safety and hygiene. He emphasized that relevant forces should focus on inspecting and preventing counterfeit goods and fire hazards at markets and supermarkets.

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This year, supermarkets have an abundant supply of goods for Tet (Lunar New Year), and prices are stable. Photo: Thu Huyen

The Vinh Market Management Board regularly pays attention to maintaining cleanliness and ensuring the landscape and traffic safety around Vinh Market; reminding vendors to ensure fire safety. Particular attention is paid to business etiquette, avoiding the practice of haggling over prices.

The Standing Vice Chairman of the Provincial People's Committee also requested the Department of Industry and Trade to continue monitoring and assessing the situation regarding the supply and demand of goods, the preparation of goods, and ensuring a balance between supply and demand to meet the consumption needs of the people in the province before, during, and after the Lunar New Year of the Year of the Dragon.

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Permanent Vice Chairman of the Provincial People's Committee Le Hong Vinh noted several issues regarding the preparation and trading of goods for Tet (Lunar New Year) to the Vinh Market Management Board and relevant departments. Photo: Thu Huyen

To proactively serve the Tet holiday market, shopping centers, distributors, and markets throughout the province have proactively developed plans to prepare goods for the peak Tet market period. These units are committed to ensuring an abundant supply and stable prices for essential goods, especially for items with high demand such as: fresh food (beef, chicken, vegetables, fruits, etc.), and processed goods (cakes, candies, beer, wine, soft drinks, etc.). The total amount of goods stockpiled to serve the Nghe An market during Tet is estimated at over 10,050 billion VND.

Specifically, Nam Long Trading Joint Stock Company is preparing a supply of cooking oil for Tet (Lunar New Year) worth approximately 50 billion VND; Thanh Nghe Tinh Foodstuff Joint Stock Company about 3.2 billion VND; Go! Vinh Supermarket over 86 billion VND; MM Mega Market Center about 15 billion VND; Muong Thanh Phu Dien Supermarket nearly 2 billion VND; The City Do Luong Supermarket over 10.5 billion VND. In addition, other supermarket systems, markets, and convenience store chains are preparing quite large supplies of goods…


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