|Customers chose shallot at Co.opmart Dinh Tien Hoang in Binh Thanh District. — VNS Photo
HCM CITY (VNS) — Saigon Co-op signed agreements with farmers in Soc Trang Province to buy 100 tonnes of Vinh Chau shallot by May. The agreement comes as part of an effort to help them cut losses after prices plummeted following a bumper harvest.
The shallots will be available at all of Saigon Co-op's outlets, including Co-opmart, Co-opXtra and Co-op Food.
Nguyen Thi Thu Thuy, deputy general director of Saigon Co-op, said its purchase division bought the first batch of 15 tonnes in mid-April and distributed them to its stores.
Saigon Co-op is paying the farmers higher prices than those offered by local traders. — VNS