Hanoi retail outlets open to keep prices stable during Tet

Jan 29th at 17:32
29-01-2025 17:32:38+07:00

Hanoi retail outlets open to keep prices stable during Tet

Prices in Hanoi's supermarkets remain stable on the first day of Tet compared to pre-Tet levels.

On the first day of the Tet holiday, numerous retail outlets across Hanoi remained open, offering attractive promotions to meet consumer demand, according to the Municipal Department of Industry and Trade.

Local consumers shop at Go! supermarket. Photos: Hoai Nam/The Hanoi Times

Some convenience store chains, such as Circle K, Family Mart, B’s Mart, 7 Eleven, and GS25, along with large distributors like AEON, Go!, and Big C, continued operations to cater to shoppers on the first day of the Tet holiday [January 29].

Prices for items in these supermarkets have remained stable compared to pre-Tet levels.

Japan’s AEON Mall operates from 11 AM to 10 PM on the first day of Tet and will resume normal hours from the second to the fifth day of the holiday, said Dam Manh Tuan, General Manager of AEON Vietnam’s Northern Region. He noted a 15-20% increase in shopping demand compared to the same period last year. Products like dry foods have surged by 20%, while Tet gift baskets have seen a 15% rise.

Similarly, Co.opmart and Co.opXtra close only on the first day of Tet, reopening on the second day from 8 AM to 10 PM. “This approach is part of their strategy to ensure a steady supply of goods throughout the holiday, providing customers with more choices,” Nguyen Thi Kim Dung, Director of Co.op Mart Ha Dong supermarket, emphasized.

Representatives from Big C and Go! announced similar operating hours to ensure uninterrupted supply chains, making it easier for people to shop during the new year celebrations. In contrast, WinMart and WinMart+ will open from the fourth day of Tet, featuring enticing promotions with discounts of up to 50%, running until February 12.

The continuous operation of supermarkets during Tet has positively impacted the market, alleviating pressure on traditional markets.

Tran Thi Phuong Lan, Vice Chair of the Vietnam Retailers Association, highlighted that the availability of supermarkets prevented consumers from stockpiling goods, helping to keep prices stable in local markets without sudden spikes.

On the second day of Tet, more supermarkets are expected to reopen, and vendors at major markets will also begin selling primarily vegetables and fruits, as predicted by the Ministry of Industry and Trade.

Hanoi Times





NEWS SAME CATEGORY

Việt Nam's export sector sees a strong start to 2025

The momentum from 2024 is already evident in the early days of 2025. In the lead-up to the Tết (Lunar New Year) holiday, production has been accelerating to meet...

Vietnam's exports to US projected to reach $130bn in 2025

Vietnam's foreign trade outlook is expected to face both opportunities and challenges from a series of new policies from US President Donald Trump.

MoIT’s proposal to drive green e-commerce in Vietnam

The bill comes as the e-commerce sector grapples with increasing packaging waste and transportation emissions, which put significant pressure on the environment.

Chợ Lách: the Mekong Delta’s ornamental plant production district

Located about 50 kilometres from the central area of Bến Tre, Chợ Lách is an abundant land with fertile soil, a favourable tropical climate and access to water from...

Electronics industry booms in 2024 with record export turnover

Việt Nam's electronics industry boom witnessed a remarkable boom in 2024, achieving an export turnover of US$126.5 billion, which accounted for one-third of the...

Vietnam ensures power and fuel supply during Tet

Fuel supplies have been secured in advance, while the electricity sector has committed to avoiding power outages or service interruptions during Tet.

Vietnamese footwear companies urged to boost green exports

Applying green export standards would improve Vietnamese footwear enterprises' brand value and their competitiveness in the global market.

TCE Vina Denim ties up with SP Group and Pebsteel to launch solar array

TCE Vina Denim, in collaboration with Singapore’s SP Group (SP), has launched a rooftop solar array at its factory in Nam Dinh. With a capacity of 5.2 megawatt-peak...

Bà Rịa-Vũng Tàu to develop international port worth nearly $230 million

The project aims to construct the Mỹ Xuân International General Port, capable of accommodating ships with a capacity of up to 60,000 DWT.

Việt Nam’s export to Philippines tops $6 billion for first time

Việt Nam’s trade with the Philippines has reached an impressive milestone, with turnover exceeding US$8.6 billion in 2024, up 11 per cent year-on-year, according to...


MOST READ


Back To Top