Abundant supply of goods but Tet At Ty 2025 spending is not too high because of a trend

The supply of agricultural products is relatively abundant, meeting consumer demand during the Lunar New Year 2025. However, it is forecasted that people's spending this year will not increase dramatically, due to the simple and frugal consumption trend.

A bonsai kumquat shop on Thuy Khue Street ( Hanoi ) hangs a clearance sign on the 25th day of Tet - Photo: C.TUỆ

The Ministry of Agriculture and Rural Development said so in a report sent to the Central Party Office and the Government Office on the implementation of tasks before Tet At Ty 2025.

Accordingly, the Ministry of Agriculture and Rural Development 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 discovered and drawn up administrative violation records for two 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 million VND.

In January 2025, the Ministry and localities took 1,021 samples of agricultural, forestry and fishery products to monitor food safety indicators. The results detected 6 samples with violations. 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.

Green bananas for Tet at a supermarket in Hanoi are sold for 48,000 VND/kg, while at the wet markets, green bananas are sold for an average of 150,000 - 300,000 VND/bunch, with some large, beautiful bunches selling for up to 400,000 - 500,000 VND - Photo: C.TUỆ

Rice prices fluctuated up (25% and 5% broken rice increased by 1,000 VND/kg), paddy prices decreased slightly (decreased by nearly 1,000 VND/kg). Vegetable prices in Lam Dong decreased slightly, in Hanoi they did not fluctuate much or increased slightly due to no major weather abnormalities and abundant supply.

Prices of fruits increased in some localities to serve the Ong Cong and Ong Tao festivals. Chicken prices remained stable at a slight increase (industrial chicken increased by 250 VND/kg, colored chicken increased by 1,333 VND/kg).

Pig prices fluctuated slightly, in the North ranging from 67,000 - 69,000 VND/kg, in the Central and Central Highlands regions ranging from 66,000 - 67,000 VND/kg, in the South maintained from 61,800 - 69,000 VND/kg.

Whiteleg shrimp and tiger shrimp in January 2025 recorded price fluctuations with a slight upward trend in some provinces. Tiger shrimp prices 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 tiger 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.

Up to now, according to updated information from businesses such as supermarkets, retail groups, wholesale markets... the amount of agricultural products serving Tet is quite abundant and diverse, there has been no shortage of goods or price fever.

Enterprises and distributors are required to be proactive in coordinating goods, not allowing hoarding and price increases before, during and after Tet" - Ministry of Agriculture and Rural Development commented.

Source: https://tuoitre.vn/nguon-hang-doi-dao-nhung-chi-tieu-tet-at-ty-2025-khong-qua-cao-vi-mot-xu-huong-20250124163801461.htm