Local people in Đắk Lắk shop for goods. — Photo baodaklak.vn

HÀ NỘI — Enterprises in the Central Highland province of Đắk Lắk have set aside nearly VNĐ261.5 (US$11.22 million) to prepare goods for the upcoming Lunar New Year (Tết) holiday, according to the provincial Department of Industry and Trade.

Those which have spent a considerable amount of capital include Co.opmart Buôn Ma Thuột with VNĐ80 billion, Mega Market (VNĐ45 billion), Vinmart Buôn Ma Thuột (VNĐ41 billion), Ea Kar Trade Centre in Ea Kar District (VNĐ10 billion) and 721 Coffee One Member Co (nearly VNĐ5.5 billion), online newspaper baodaklak.vn cited the department as saying.

These firms have focused on stockpiling consumer goods such as rice, meat, vegetables, fruits, meat, eggs, sugar, cooking oil and soft drinks.  

Trần Thị Thành Nhân, Deputy Director of Co.opmart Buôn Ma Thuột told baodaklak.vn her supermarket started preparing Tết products from early October to ensure ample supply of goods in order to better meet shopping demand of customers in the peak occasion.

It has also selected and signed contracts with reputable suppliers to ensure the best price and quality of goods to be sold to local consumers, she said.

According to the department’s forecast, some 18,000 tonnes of sticky rice, 3,600 tonnes of pork, 1,440 tonnes of whole chicken, 1,260 tonnes of seafood, more than 1,000 tonnes of processed food and 2,700 tonnes of fruits and vegetables will be sold in the province during the nation’s biggest holiday.

Similar to previous years, the department has been implementing the price stabilisation programme between December 1, 2019 and February 15, 2020 in a move to ensure the good supply and avoid shortages of goods. That might result in market instability, Nguyễn Văn Nghiêm, the department’s deputy director spoke to the online newspaper.

The price-stabilised products will include food such as domestically-grown rice, foodstuff like pork, poultry, poultry eggs, cooking oil beside to sugar, processed foods, vegetables and fuel.

Under the programme, these commodities would be sold equally or 5 per cent lower than market prices. — VNS