With increased purchasing power, the Tet holiday goods market is gradually becoming more vibrant.
With less than a week until the Lunar New Year of the Year of the Snake, retail chains are actively bringing goods to the market to meet the increasing demand of approximately 10-20%.
Robusta coffee prices rose nearly 4% to $5,452 per ton.
At the close of trading, Arabica coffee prices rose approximately 4.3% to 341.85 cents/pound (US$7,536/tonne). Robusta coffee prices increased nearly 4% to US$5,452/tonne.
Robusta coffee prices continue to remain at peak levels.
At the close of trading, Arabica coffee prices fell 0.17% while Robusta coffee prices rose 2.33% to $5,263 per ton, continuing to hold at a one-month high.
Diverse market for offerings to the Kitchen God and the Stove God.
The market for offerings to the Kitchen God and Goddess has become bustling with a wide variety of products. Packaged offering services on online marketplaces have become a trend this year.
Commodity market update 21/1: Robusta coffee prices rise 2.74%
At the close of yesterday's trading session, coffee prices extended their gains from the end of last week. Specifically, Robusta coffee prices rose 2.74% to $5,143 per ton.
Commodity market update 20/1: Robusta coffee reaches $5,000/ton.
At the close of trading, Arabica coffee prices rose 1.4% to $7,238 per ton, while Robusta coffee prices increased 0.81% to $5,006 per ton.
The CPI index in 2025 will be in the range of 4-4.5%.
According to experts, the Consumer Price Index (CPI) in 2025 is entirely controllable and will hover around 4 to 4.5%.
The beer and soft drink market remains sluggish for Tet 2025.
As Tet (Lunar New Year) approaches, the beer and soft drink market is launching many promotions to stimulate consumer demand, but purchasing power remains very sluggish.
Photo gallery: Golden kumquats from Tu Lien welcome Tet (Lunar New Year).
In Tu Lien ward, Tay Ho district, Hanoi , the kumquat orchards are ablaze with golden yellow in the final days of the year, awaiting Tet (Lunar New Year).
Hue City: Ensuring the supply of goods for the traditional Lunar New Year
The city of Hue has directed relevant units to stockpile goods and implement market stabilization measures to ensure supply for the people celebrating the traditional Lunar New Year.
Retail sales of goods and consumer services could increase by around 10%.
Experts predict that in 2025, total retail sales of goods and consumer service revenue will increase by approximately 10-10.5% compared to the same period in 2024.
Giant kumquat trees are brought to the streets, selling out even at prices in the hundreds of millions of VND.
In Tu Lien village (Hanoi), some gardeners are selling "giant" kumquat bonsai trees in pots, priced at up to hundreds of millions of dong, attracting many buyers.
Commodity Market Update 17/1: Robusta Coffee Prices Reverse and Fall
At the close of trading, Arabica coffee prices fell 1% while Robusta coffee prices lost 0.47% of their value, ending the session at nearly $4,900 per ton.
Stunned by a gold-plated phalaenopsis orchid pot worth nearly 4 billion VND.
A massive orchid pot, valued at nearly 4 billion VND, displayed at the flower market in front of My Dinh National Stadium has attracted a lot of attention.
Precious metals will continue to shine in 2025.
As 2024 drew to a close, precious metals emerged as a bright spot in the commodities market, with prices rising sharply across the board.
Commodity market on January 16th: Precious metal prices show mixed trends.
At the close of trading, precious metals continued to move in opposite directions, with silver prices surging nearly 4% to $31.50 per ounce while platinum prices edged lower.
Ho Chi Minh City: The market for Tet gift baskets is bustling.
The market for Tet gift baskets in Ho Chi Minh City is bustling with a wide variety of designs and price ranges for people to choose from.
Commodity market update January 15th: Coffee prices reverse course and fall.
At the close of trading yesterday, Arabica coffee prices reversed course and fell by more than 1% after two consecutive days of gains. Robusta coffee prices decreased by 0.8% to $4,863 per ton.
Commodity market on January 14th: Crude oil prices hit record highs.
At the close of trading yesterday, WTI crude oil prices rose nearly 3%, approaching the $80 per barrel mark. Meanwhile, Brent crude oil prices increased 1.57% to $81 per barrel.
Commodity market on January 13th: Crude oil prices continue to rise.
At the close of the week, WTI crude oil prices surged 3.53% to $76.57 per barrel. Brent crude oil prices also rose 4.25%, nearing the $80 per barrel mark.
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