On the 4th day of Tet, vegetable prices dropped 30% after 2 days of high increase.

On the 2nd and 3rd day of Tet (Lunar New Year), the prices of some vegetables at some markets in Dong Da, Ha Dong, Thanh Xuan, and Cau Giay districts were as follows: chrysanthemum greens, mustard greens, and celery were sold at 15,000 VND/bundle, kohlrabi at 12,000 - 15,000 VND/bulb, and broccoli at 20,000 VND/head.

As of this morning, February 13th (the 4th day of Tet), the prices of various green vegetables have dropped by as much as 30%, or even 40%, compared to previous days.

Specifically, chrysanthemum greens, mustard greens, and celery are being sold at reduced prices of 8,000 - 10,000 VND/bundle, kohlrabi at 10,000 VND/bulb, and broccoli at 15,000 VND/head.

Vegetable and food prices have fallen after two days of sharp increases. (Illustrative image)

Explaining the high price of vegetables during the two days of Tet (Lunar New Year), Ms. Pham Thi Nham, a small trader at Lang Ha market, said that due to increased consumer demand after Tet, and because small traders have less vegetable stock, the price increase is normal during every Tet holiday.

“Normally, many people buy vegetables, so each bunch only yields a profit of 500-700 dong. But during Tet (Lunar New Year), there are very few customers. If we don't sell everything, we just throw it away the next day. Therefore, the price of green vegetables doubles or triples compared to normal days. Because of the increased consumer demand, many small traders have resumed business today, and the supply of goods is abundant, so prices have dropped sharply,” Ms. Nham said.

Not only have vegetables seen a sharp drop in price, but several other food items have also decreased by 20-30% compared to two days ago.

Specifically, the price of black carp (7-10 kg/fish) was 170,000 VND/kg, but this morning it dropped to 140,000 VND/kg; shrimp (20 shrimp/kg) was 550,000 VND/kg, but this morning it dropped to 450,000 VND/kg.

The price of tofu also dropped sharply from 10,000 VND per block, double the usual price, to 7,000 VND per block.

However, the prices of some items, such as beef and pork, are not higher than before the Lunar New Year.

According to a report from the Domestic Market Department ( Ministry of Industry and Trade ), many supermarkets, stores, and traditional markets have reopened for business in various localities, with more bustling buying and selling activities compared to the 2nd and 3rd days of Tet.

Shops and supermarkets have reopened, with a wide variety of goods available. (Illustrative image)

"Purchasing power and supply are more abundant. In localities, more supermarkets, stores, and stalls in traditional markets have reopened, and buying and selling activities are more bustling. The supermarket system and supply of goods remain rich and diverse, and prices are stable compared to before Tet," the Domestic Market Department assessed.

At traditional markets, besides fruits, the main items sold are fresh food products (seafood, beef, various vegetables) to meet the consumption needs of people at the beginning of the year.

Compared to the 28th-30th day of the Lunar New Year, the prices of vegetables, fruits, and fresh flowers at the market generally did not increase significantly. Prices of fresh food items such as beef and seafood only increased slightly and remained relatively stable compared to the 2nd day of the Lunar New Year. Although demand began to increase, the supply was relatively abundant, so there was no sudden price surge.

According to the Domestic Market Department, the market generally developed according to normal patterns, with no shortages or price spikes causing market instability.

"It is predicted that on the fourth day of Tet, many supermarkets, convenience stores, traditional markets, and grocery stores will start opening again, with a wider variety of goods on display. However, consumer demand in the market has not yet increased significantly, and the most consumed items are still mainly food, especially vegetables, beef, and seafood," the Domestic Market Department stated.

Prices of fresh food items at supermarkets remain stable. At some smaller markets, prices are similar to those on the second day of Tet and the days leading up to Tet.

Common pork prices range from 120,000 to 150,000 VND/kg; pork loin, shoulder, and tenderloin range from 100,000 to 130,000 VND/kg; CP's ready-to-eat free-range chicken ranges from 150,000 to 180,000 VND/kg; and beef tenderloin ranges from 280,000 to 300,000 VND/kg.

Seafood prices remain at levels similar to those on the 29th and 30th of Tet (Lunar New Year); prices for large shrimp (26-30 shrimp/kg): 300,000 - 400,000 VND/kg; carp: 90,000 - 120,000 VND/kg...

Food and beverage prices (stable). Specifically, retail sugar is priced at 30,000 - 32,000 VND/kg; cooking oil: 40,000 - 45,000 VND/liter, equivalent to regular prices; canned Heniken beer from 450,000 - 480,000 VND/case; Coca-Cola and Pepsi 190,000 - 210,000 VND/case; canned Hanoi beer priced at 270,000 - 300,000 VND/case.

Vegetables such as kohlrabi, carrots, tomatoes, herbs, cabbage, cauliflower, etc., have seen a slight increase in price compared to the days leading up to Tet, but the prices remain similar to those on the second day of Tet.

Specifically, cabbage: 12,000 - 15,000 VND/kg, kohlrabi: 5,000 - 7,000 VND/piece, lettuce: 15,000 - 30,000 VND/kg, tomatoes: 14,000 - 20,000 VND/kg (depending on the locality), potatoes: 20,000 - 30,000 VND/kg, cauliflower: 15,000 - 17,000 VND/head...

Flowers and fruits of all kinds: Canh oranges 50,000 - 70,000 VND/kg, Dien pomelos 15,000 - 25,000 VND/fruit; chrysanthemums 5,000 - 7,000 VND/stem, roses with buds 10,000 - 12,000 VND/stem, lilies and peonies 25,000 - 35,000 VND/stem…

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