HA NOI — Major cities across the country are well stocked with goods ahead of the upcoming Lunar New Year Holiday which begins later this month.
Authorities in Ha Noi have signed agreements with nine neighbouring provinces to ensure enough agriculture products are available for the biggest festival of the year.
In addition, the city's Industry and Trade Depart-ment has proposed the People's Committee to allow 95 trucks to carry Tet goods all day in the lead up to the holiday.
These measures will help the city avoid any sudden shortages and will assist in stabilising prices during the Tet holiday, the department said.
To date, Ha Noi Trade Corporation (Hapro), the largest company to have joined the price-stabilisation programme, has stockpiled 2,430 tonnes of processed food, 575 tonnes of vegetables, 1,061 tonnes of rice and 542 tonnes of meat specifically for Tet.
In HCM City, prepar-ations for the festival are in full swing, as the city's Industry and Trade Dep-=artment has stated that the volume of goods in the price-stabilisation programme for Tet had increased, meeting about 30-40 per cent of total demand.
Under the programme, the city plans to bring 17,260 tonnes of rice, 7,300 tonnes of sugar, 4,430 tonnes of cooking oil, 14,830 tonnes of meat, more than 9,200 tonne of vegetables and a many other products to the market.
Shops joining the programme will open until January 22 and re-open on January 24, the department said.
Ha Noi's Industry and Trade Department reported the price of a number of food products and commodities had already begun increasing slightly.
By the end of December, gas prices had increased by VND5,000 per 12-kg canister to VND370,00 (US$17).
Price of rice has also increased by VND1.5 million ($71) per tonne and the price of pork has risen by roughly VND2,000 per kilo.
The department said the price increases were unavoidable and from now until Tet, the price of pork was estimated to increase by 10 per cent while price of chicken may increase by up to 50 per cent.
Vegetable prices in the capital will surely rise because of high demand and cold weather, which may affect crops.
In HCM City, prices are more stable with the price of rice, sugar, vegetables and eggs remaining unchanged.
Favourable weather has allowed the volume of fruit and vegetables to increase and each day by some 300 tonnes, according to deputy director of the Thu Duc market Nguyen Thanh Ha.
A bumper crop of a range of fruits may even push prices slightly down in the lead up to Tet, which has occurred recently with mangoes. — VNS