On the afternoon of February 16th, the Ministry of Finance provided information on the market price situation for the Lunar New Year (Tet) holiday of the Year of the Horse 2026.
Accordingly, on February 16th, the market for essential goods continued to maintain stability, with abundant supply and smooth circulation, fully meeting the increased shopping demand of people in the final days of the Year of the Snake.
Manufacturing, trading, and distribution businesses have proactively prepared inventory plans and increased the supply of goods to the market, ensuring a balance between supply and demand and preventing shortages or disruptions in the supply chain.
Retail activity is vibrant across distribution channels such as supermarkets, shopping malls, convenience stores, and traditional markets, as well as small retailers and shops.
Food is abundantly displayed in supermarkets. Photo: Lam Giang
Market management, inspection, and control continue to be implemented regularly, focusing on enforcing price listing and selling at listed prices, controlling the quality and origin of goods, and promptly addressing acts of speculation, hoarding, and unreasonable price increases.
According to compiled reports from localities and market monitoring, on February 16th, the prices of some commodity groups experienced slight fluctuations, following the annual pattern of the period leading up to Tet (Lunar New Year).
Consumer demand is primarily focused on food items, including fresh produce, processed foods, beverages, fruits, fresh flowers, and household goods.
Prices of pork, poultry, and seafood increased slightly at some traditional markets due to high demand on the last day of the year, while prices at supermarkets remained relatively stable thanks to market stabilization programs and promotions. Prices for vegetables and fruits generally showed little fluctuation, with some items experiencing minor changes due to weather conditions and transportation costs.
The fruit market for Tet (Lunar New Year) is diverse in variety, and while the prices of some products have increased compared to normal days, there has been no sudden price surge.
The supply of confectionery, beverages, and fast-moving consumer goods remains secure, and prices are generally stable. The price of fresh flowers increased as usual due to high demand on the 29th day of the Lunar New Year, but no widespread price surges were observed.
Overall, the market on February 16th was stable, with supply and demand balanced. Prices of some items fluctuated upwards due to high demand during the Lunar New Year, but remained under control.
According to the Ministry of Finance's forecast for February 17th, the first day of the Lunar New Year 2026 (Year of the Horse), the market prices are generally stable due to a sharp decrease in consumer demand after the peak period before Tet.
As is the annual pattern, most buying and selling activities are concentrated before New Year's Eve. On the first day of the new year, the demand for essential goods decreases rapidly, mainly consisting of small transactions to meet family needs, New Year's festivities, or unexpected needs.
The supply of goods remains fully ensured because localities proactively stockpiled before Tet; at the same time, in major provinces and cities, some supermarkets, convenience stores, and food stores remain open to serve the people.
With supply and demand in balance and purchasing power decreasing, prices of food, fresh produce, processed foods, beverages, and fast-moving consumer goods are expected to remain basically stable, without any sudden price increases.
The demand for travel, sightseeing, and New Year's greetings at entertainment venues, tourist areas, temples, and city centers tends to increase in the first few days of the new year. Therefore, the prices of some services such as parking, food, drinks, and services catering to visitors may increase slightly in some areas with high concentrations of tourists.
The Ministry of Finance recommends that ministries, sectors, and localities continue to closely monitor the supply and demand and market prices of goods under their management, especially essential goods that directly serve the needs of the people.
Businesses that strictly adhere to price listing regulations ensure that consumers can shop with peace of mind.
In Hanoi , on the 29th day of the Lunar New Year (Year of the Horse 2026), people's shopping demand remained stable compared to the 28th day of the Lunar New Year. Prices of goods at supermarkets, convenience stores, and wholesale markets were relatively stable, with no sudden price spikes or shortages.
The priority items to buy are fresh produce such as: pork, beef, banh chung (traditional Vietnamese rice cake), gio (Vietnamese sausage), fresh flowers; fruits for the five-fruit offering (bananas, pomelos, Buddha's hand citron); and items for decorating the house for Tet (Vietnamese New Year)...
Consumers prioritize Vietnamese products with reasonable and stable prices. Demand increases slightly in the morning for some fresh produce items and then gradually decreases towards midday; prices generally remain relatively stable.
Overall, market prices for some essential goods and services on February 16th remained stable compared to the previous day.
The price of glutinous rice (specifically the "golden flower" variety) ranges from 35,000 VND/kg to 40,000 VND/kg. The price of lean pork loin ranges from 160,000 VND/kg to 165,000 VND/kg; pork belly ranges from 180,000 VND/kg to 185,000 VND/kg; pork sausage ranges from 190,000 VND/kg to 200,000 VND/kg; and duck eggs range from 35,000 VND/dozen to 40,000 VND/dozen.
Prices of fresh vegetables and fruits: Kohlrabi ranges from 22,000 VND/kg to 25,000 VND/kg; cauliflower ranges from 40,000 VND/kg to 45,000 VND/kg; carrots range from 23,000 VND/kg to 27,000 VND/kg; and first-grade mung beans range from 55,000 VND/kg to 60,000 VND/kg.
Some fruits have seen price reductions: Mandarin oranges 33,000-42,000 VND/kg; tangerines 30,000-55,000 VND/kg; pomelos 25,000-35,000 VND/kg... depending on the location.
Prices of some fresh flowers and ornamental plants have decreased: Da Lat gladiolus: from 110,000 - 140,000 VND/dozen; Da Lat roses: from 110,000 - 140,000 VND/dozen...
Prices of some alcoholic beverages and soft drinks: Hanoi canned beer (cardboard box) costs 240,000 - 260,000 VND/box/24 cans of 330ml; Tiger green canned beer (cardboard box) costs 345,000 - 360,000 VND/box; Hanoi Vodka (large bottle, 0.75 liter) costs 95,000 - 100,000 VND/bottle; Black Label 12 Years Whisky costs 800,000 - 850,000 VND/bottle; Coca-Cola (cardboard box) costs 170,000 - 180,000 VND/box/24 cans of 330ml.
Source: https://hanoimoi.vn/qua-dinh-mua-sam-gia-hang-hoa-mung-1-tet-du-kien-giu-on-dinh-733797.html
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