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Sales of Tet items boom in HCM City

People are flocking to streets and shops in HCM City to shop for Tet (Lunar New Year) holiday, and sellers say sales are booming.
Sales of Tet items boom in HCM City ảnh 1Illustrative image (Source: VNA)
HCM City (VNA) - People are flocking to streets and shops in HCMCity to shop for Tet (Lunar New Year) holiday, and sellers say sales arebooming. 

Processed foods, clothes and footwear are theproducts most in demand since last week.

On busy streets like Hai Ba Trung, Tran Hung Dao,Le Van Sy, Nguyen Dinh Chieu, and Nguyen Trai, Tet goods are displayed on thestreet, causing traffic jams, especially after 5pm.

Most businesses said sales have risen sinceJanuary 17 as most companies have paid salaries and Tet bonuses.

Dang Quynh Doan, director of Viet Thy FashionLtd Co, said the number of customers has increased by 10 – 20 percent comparedto normal days.

“The supply of Tet products is abundant thisyear. Businesses have only a few days left to sell them.”

At Co.opmart, sales have doubled compared tonormal days, mostly of fresh food for making offerings at ancestors’ altars.

Sales of confectionery, marmalades and beverageshave also been on the rise, especially last weekend, as customers bought giftsfor their relatives and loved ones.

Co.opmart is running promotions onconfectionery, drinks and fresh food with discounts of 10-15 percent. Sales ofthe products are expected to continue to surge.

Vissan is offering discounts of 5-15 percentfrom Jan 5 to 27 on products like sausage, spring rolls, fermented pork rolls,braised fish, and braised pork.

Co.opmart and Co.opXtra said they have mobilisedadditional workers and increased the number of counters to better servecustomers.          

Vo Viet Hung, director of My Xuong MangoCooperative in Dong Thap province, said this year mango output is down by 90 percentdue to unfavourable weather.

His co-operative has only harvested 10 tonnesfor Tet instead of the usual 100 tonnes, he said.

“Most of the co-operative’s mangoes meet VietGAPstandards, all of them have a logo and are sold to supermarkets, mostlyVinMart.”

Mangoes are among the five fruits essential forofferings for southerners.

Due to the limited supply, the fruit’s pricesare continuing to rise, especially with Tet nearing.
Cat chu mango in Cao Lanh is priced at 40,000 VND (1.7 USD) perkilogramme and Hoa Loc mango at 140,000 VND (6 USD), doublethe prices last year, but supply is still not forthcoming.   

Mango prices are expected to keep rising until Tet.

Grapefruit prices have been stable at 40,000 VNDper kilogramme due to abundant supply, according to Hung.

Tet is the most important festival in Vietnam, andis celebrated from New Year’s Eve until at least the third day of the year.-VNA
VNA

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