Enterprises under An Giang Province’s market stabilisation programme have spent a total of VNĐ2.1 trillion (US$90.6 million) to prepare goods for the Tết festival this year, 9 per cent higher than last year, according to An Giang Department of Industry and Trade.
HCM City authorities and businesses have stocked enough safe food products for Tết (the Lunar New Year) to be sold at controlled prices.
The Ministry of Industry and Trade (MoIT) will ensure the supply-demand balance of essential commodities for the Tết (Lunar New Year) of 2020 and implement a programme on keeping goods in stock for market stabilisation.
With the Lunar New Year approaching, demand for dried foods and confectionary is surging in HCM City’s traditional markets.
Industry and trade departments in Hà Nội and HCM City are planning to spend VNĐ28.5 trillion and VNĐ18.4 billion, respectively, to prepare goods for next year’s Tết festival.
Wholesaler MM Mega Market Vietnam has unveiled plans to stock VND3 trillion worth of merchandise during Tết to meet customers’ demands for the 2018 Lunar New Year.
Authorities would crack down on unsafe food and corrupt officials who collude with fraudulent businesses, standing deputy chairman of the HCM City People’s Committee, Trần Vĩnh Tuyến, has promised.
The volume of prepared goods for the Tết (Lunar New Year) holiday has increased by 20-30 per cent against the volume last year, according to HCM City Department of Industry and Trade.
People are flocking to streets and shops in HCM City to shop for Tết (Lunar New Year) holiday, and sellers say sales are booming.