HCM City supermarkets crowded during Reunification Day-May Day holidays

May 3rd at 07:43
03-05-2024 07:43:47+07:00

HCM City supermarkets crowded during Reunification Day-May Day holidays

The HCM City consumer market has been stable, with no shortages or resultant unexpected price surges during the Reunification Day and May Day holidays (April 27 to May 1), according to the city Department of Industry and Trade.

Co.opmart Hà Nội Highway in HCM City’s Thủ Đức City. HCM City supermarkets were crowded with shoppers during the Reunification Day-May Day holidays. — Photo courtesy of Saigon Co.op

Supermarkets and shopping malls saw a huge jump in the number of customers who came for shopping, dining and amusement during the period, it said.

Preliminary statistics from retail systems show that their numbers increased by 100-200 per cent.

Supermarkets and firms participating in the city’s market stabilisation programme launched many promotions and discounts.

Saigon Co.op is offering discounts of 35-50 per cent on more than 3,500 products between April 25 and May 15 at all its chains.

A spokesperson said during the five-day holidays the co-operative’s chains such as Co.opmart, Co.opXtra and Co.op Food saw an increase of 20 per cent in the number of shoppers and their purchases increased by 40 per cent.

Co.opmart supermarkets also organised mobile sales programmes.

Saigon Co.op’s Co.op Online shopping channel recorded an increase of 50 per cent in sales in April compared to previous months.

According to retailers, the economy continues to face difficulties and consumers are still wary of spending, and so essential goods remain their main purchases and they look for discounts.

Nguyễn Ngọc Thắng, Co.opmart’s operations director and Saigon Co.op’s marketing director, said sales of products such as soft and energy drinks and electrolytes rose by about 30 per cent in April and sales of OCOP products such as nipa palm syrup, bitter melon tea and pennywort powder increased by up to 50 per cent.

Lê Hữu Tình, senior marketing manager of Thiso Retail Co., Ltd., which owns Emart, said the supermarket chain was filled with shoppers during the holidays and fresh foods, fruits and vegetables were the top sellers. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam’s manufacturing sector returns to growth in April

The solid expansion in new orders helped lead to a return to growth of manufacturing production in Vietnam.

Nearly 55,800 tonnes of agricultural products exported via Lạng Sơn's border gates during holidays

Nearly 55,800 tonnes of agricultural products were exported via border gates in the northern province of Lạng Sơn during the recent five-day holidays starting April...

Agro-forestry-aquatic product exports post trade surplus of US$4.74 billion in four months

Việt Nam’s agro-forestry-aquatic product exports raked in some US$19.06 billion in the first four months of 2024, up 23.7 per cent year-on-year, the Ministry of...

Petrolimex sees robust growth in profit in Q1

Petrolimex has recently reported positive performance in the first quarter of the year and is expected to see opportunities to expand market share.

Ministry asks to increase electricity supply by 4.4 billion kWh this year

The electricity supply will rise by 4.4 billion kWh to 310.6 billion kWh, by increasing both domestic production and imports in an effort to ensure sufficient power...

Difficulties faced in negotiations of power purchase agreements: EVN

There have been difficulties in negotiating power purchase agreements (PPA) between Vietnam Electricity (EVN) and investors of LNG power projects, according to EVN.

Hà Nội's logistics industry development fails to meet potential

The development of Hà Nội's logistics sector has failed to meet its full potential despite the city's favourable geographic location as the heart of the northern...

Vietnam's tourism sees 58.2% increase in int’l visitors

In April, the estimated number of international visitors to Vietnam reached 1.55 million, up 58.2% from the same period last year.

Vietnamese fruit and vegetable exports see sharp upturn

In April, exports of fruit and vegetables from Vietnam were worth an estimated $520 million.

Unlocking the tourism potential of Hanoi's suburbs

Located about 30 kilometers southwest of Hanoi, Quoc Oai District boasts a rich heritage of over 200 distinctive historical, cultural, architectural, and artistic...


MOST READ


Back To Top