Ho Chi Minh City retail sector ready for Tet holiday

Jan 10th at 08:37
10-01-2019 08:37:20+07:00

Ho Chi Minh City retail sector ready for Tet holiday

As the Lunar New Year holiday is approaching soon, Ho Chi Minh City authorities are working with relevant stakeholders to ensure retail operation and entertainment activities go on smoothly.

The national holiday, known as Tet in Vietnamese, falls on February 5 but preparation activities usually begin weeks in advance.

Retailers extend open time

The Ho Chi Minh City Department of Industry and Trade has allowed local retailers, including supermarket and convenience store chains, to extend operation time during the Tet holiday.

During the period between the 20th and 26th day of the last month of the lunar year, or January 25 to January 31 in the Gregorian calendar, retail outlets in the southern metropolis will open from 8:00 am to 10:00 pm.

On February 1, 2 and 3, these locations will open from 7 in the morning until midnight.

Particularly, on the last day of the lunar year, or February 4, retail outlets will operate half a day, from 7:00 am to 12:00 pm.

Supermarkets will re-open for half a day on the second day of lunar new year (February 6). From the 6th day of the lunar new year (February 10) onwards, their operations will return to normal.

This year, Co-op Mart organizes home delivery service for customers within two to five hours after purchase. The leader retailer’s delivery unit is fully-equipped to keep merchandise in the best conditions.

Businesses in Ho Chi Minh City have stockpiled some VND18.4 trillion (US$427.22 million) worth of goods needed for Tet, with the entire supply chain required to pay special attention to product quality and food safety, according to deputy chairman of the municipal administration Tran Vinh Tuyen.

Early purchasing flower

Some 150 million cut flowers and more than 800,000 flower pots are expected to be consumed during Tet, as locals decorate their houses to observe the holiday, according to Nguyen Huynh Trang, deputy director of the municipal Department of Industry and Trade.

Trang said the sales volume is similar to that of the 2018 Tet.

“We hope that Ho Chi Minh city citizen afford to buy flowers sooner, so flower growers can come home before midnight to celebrate their own Tet,” Trang said.

“This also helps make clean-up work more convenient for sanitary workers.”

In previous years, the sanitary workers had to work hard to clean the streets to be able to return home on time due to the massive amount of waste left by flower markets.

tuoitrenews



NEWS SAME CATEGORY

Vietnam to see slower growth in 2019: forecasts

Vietnam’s economic growth is expected to slow down this year though it will remain a regional outperformer, according to leading global analysts.

Strengthening Vietnamese private sector should be a 2019 focus: Experts

Vietnam needs to reduce its dependency on foreign businesses and foster its own private sector this year, experts say.

Foreign investors pours $321 million into VSIP Quang Ngai

Four foreign companies will be injecting $321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the...

Firms more satisfied with customs: survey

Businesses have been increasingly satisfied when dealing with administrative procedures in export-import activities. However, more reforms are needed to further...

CPTPP to raise national GDP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Viet Nam’s gross domestic product (GDP) by 1.3 per cent...

MPI submits development plan

The Ministry of Planning and Investment (MPI) has composed a draft plan for sustainable development of Vietnamese private enterprises by 2030.

Dong Nai achieves record FDI disbursement rate

The southern province of Dong Nai saw a record 86.4 per cent disbursement of foreign direct investment (FDI) last year equivalent to US$1.6 billion.

VCCI calls for efforts to further cut informal costs for enterprises

Informal fees, despite having dropped over time, remain a hindrance for enterprises. Therefore, ministries and agencies, especially in the customs sector, should...

More than 50 per cent of IT companies need to recruit heavily in 2019

Up to 53.6 per cent of information technology (IT) companies said they hope to increase their workforce by 10-30 per cent this year.

Real foreign investment and M&A capital up despite nominal drop

Even though the total foreign-invested capital of the whole year was a bit lower than the last year, the disbursed capital and investments in M&A saw a marked...


MOST READ


Back To Top