Supermarkets to buy oversupply of farm produce
Supermarkets to buy oversupply of farm produce
Supermarkets in HCM City plan to buy white radish from farmers in Hà Nội who are struggling to find outlets for their produce.
Saigon Co.op, for example, besides buying dozens of tonnes of white radish, is enhancing consumption of other farm produce such as kohlrabi, carrot, and cabbage planted in Hai Dương, which are at risk of oversupply like white radish.
Nguyen Thanh Nhan, general director of Saigon Co-op, said in addition to selling these agricultural products at its Co.opmart supermarkets and Co-op Food stores in Ha Noi, Saigon Co.op will transport them to the central region and to HCM City to sell at its stores.
Saigon Co.op expects to sell at least 15-20 tonnes of this farm produce each day at its retail chains, meaning that 450-600 tonnes of the products will be bought in one month.
Depending on the situation, Saigon Co.op will then continue to help farmers sell their produce.
Beginning on the evening of March 21, the farm produce was available at Co.opmart Ha Noi and Co.op Food stores in the capital city, with prices equal to the price bought from farmers, at VND2,500-6,900 per kg, depending on the kind.
On March 17, the Lotte Mart supermarket chain also began purchasing white radish and sold it at a price without profits to help farmers overcome difficulties.
As of March 22, the supermarket had sold more than 5 tonnes of white radish.
White radish is being transported to HCM City and the central region, and will be sold at all Lotte Mart stores from March 24.
The supermarket is expected to help farmers sell about 30 tonnes of white radish at its stores nationwide.
