Markets and supermarkets in HCM City are stocking up on processed foodstuff to prepare for Tết 2020. - Photo sggp.org.vn

HCM CITY — Supermarkets and traditional markets in HCM City are increasing their supply of processed foodstuff in preparation for Tết 2020 .

A wide variety of foodstuff popular during the holiday such as sausages, rice vermicelli and dried shrimp are being sold at many supermarkets like Co.opmart and BigC.

Nguyễn Anh Đức, deputy standing general director of Saigon Co.op, told Sài Gòn Giải Phóng newspaper that the amount of Tết products being stocked this year would be around 15-40 per cent higher than last year, ensuring sufficient supply for the three months surrounding Tết.

Retailers are also offering discounts on certain products to attract customers before Tết, as opposed to having most of the purchases close to Tết as in previous years.

Owner of a market stall at Bình Thạnh District's Bình Chánh Market told the newspaper that more customers are buying from supermarkets, so traditional market vendors are not stocking products as much as before.

Prices of Tết products in these markets remain around the same as last year. In recent years, market vendors have also been declaring the origin of goods more thoroughly.

Purchases of Tết goods are still slow, but businesses expect that it will pick up in the upcoming days, especially one week before Tết.  VNS