Retailers pile up stocks for year-end peak season, promise no price shocks
Nguyễn Ngọc Thắng, director of Co.opmart's operation division, said the plan is to keep prices unchanged or even cut them.
For instance, from now through Tết, it offers discounts of up to 五0 per cent on thousands of products and plans even bigger discounts starting 一0 days before the festival.
During the run-up to the festival it plans to increase supply of fresh and ready-to-eat foods.
Some retailers said demand has been booming in recent days, with sales especially of Tết products such as dried foods, confectionery, dried fruits and sweets going up sharply.
They expect demand for fresh foods to be higher than last year.
The gift market is already buzzing with supermarkets, markets and shops offering a range of items for both business and individual customers.
GO!/Big C supermarkets has more than 七0 kinds of gift hampers and boxes containing beverages, confectionery, imported fruits, healthcare products, and household appliances, with prices ranging from VNĐ 九 九,000 to VNĐ 三 million each.
Saigon Co.op is offering discounts on more than two million hampers that are packed based on orders.
Customers can visit any Co.opmart or Co.opXtra outlet and place orders for delivery to any place in the country that has a store.
According to the city Department of Industry and Trade, businesses have earmarked more than VNĐ 一 一.0 二 trillion ($ 四 八0. 九 million) to stock goods.
Eighty businesses are taking part in the city’s price stabilisation progra妹妹e and have pledged to keep prices unchanged for two months starting a month before Tết on February 一.
There will be flash sales of goods such as pork, poultry and eggs a few days before the festival. — VNS