Abundant supply of agricultural products and food, stable prices during Lunar New Year

The Ministry has organized an interdisciplinary inspection team on food safety assurance for the Lunar New Year and the 2025 Spring Festival season in Vinh Phuc, Phu Tho, and Tra Vinh , inspecting 4 food production and trading establishments.

The Ministry's specialized units have detected and recorded administrative violations against 2 seafood processing and exporting establishments. Localities have inspected and examined 512 establishments producing and trading agricultural, forestry and fishery products and agricultural materials, and administratively sanctioned 67 establishments, accounting for 13% with a total fine of 514.32 million VND (an increase of 6.4% over the same period in 2024).

In January 2025, the Ministry continued to maintain food safety monitoring programs, directing affiliated units and localities to organize sampling of agricultural, forestry and fishery products to monitor food safety indicators. As a result, 1,021 samples were collected for monitoring and 06 samples were found to be in violation, accounting for 0.58% (an increase of 0.17% over the same period in January 2024). Violations were handled in accordance with regulations.

Regarding the market situation, supply - demand and control of goods during Tet, the Ministry of Agriculture and Rural Development said that in January 2025, domestic commodity prices were relatively stable, and supply for the Lunar New Year was guaranteed. Rice prices fluctuated upwards (25% and 5% broken rice increased by VND 1,000/kg), paddy prices decreased slightly (down VND 997/kg).

Vegetable prices in Lam Dong decreased slightly, in Hanoi there were no major fluctuations or slight increases due to no major weather abnormalities and abundant supply. Fruit prices increased in some localities to serve the Ong Cong and Ong Tao festival.

Chicken prices remained stable at a slight increase (industrial chickens increased by 250 VND/kg, colored chickens increased by 1,333 VND/kg). Pig prices fluctuated and decreased slightly (in the North, prices ranged from 67,000-69,000 VND/kg, down about 1,000 VND/kg; in the Central and Central Highlands, prices ranged from 66,000-67,000 VND/kg, down 1,000 VND/kg; in the South, prices remained at 61,800-69,000 VND/kg).

The price of whiteleg shrimp and black tiger shrimp in January 2025 recorded price fluctuations with a slight upward trend in some provinces (black tiger shrimp price in Ca Mau fluctuated and increased depending on the type from 8,000-13,000 VND/kg, in Phu Yen it was stable compared to the previous month, the price of whiteleg shrimp was stable at 270,000 VND/kg for the size of 30-40 shrimp/kg).

In general, the supply of agricultural products is relatively abundant, meeting consumer demand during the Lunar New Year. However, it is forecasted that people's spending this year will not increase dramatically, because the current consumption trend is simple and frugal.

Source: https://www.mard.gov.vn/Pages/nguon-cung-nong-san-thuc-pham-doi-dao-gia-ca-on-dinh-dip-tet-nguyen-dan-at-ty.aspx