Tighten price management, prevent speculation and hoarding goods before Tet
In the context of strong shopping demand in the months leading up to the Lunar New Year of Binh Ngo 2026, the risk of speculation, hoarding goods, price increases and smuggling is forecast to increase. Faced with this reality, the Ho Chi Minh City Department of Industry and Trade has requested relevant units to urgently strengthen inspection and supervision of compliance with regulations on prices and business activities in the market.
According to Mr. Nguyen Nguyen Phuong - Deputy Director of the Ho Chi Minh City Department of Industry and Trade, the Department has requested agencies and units to closely coordinate with the Market Management force and related units, urgently strengthen inspection and supervision of compliance with price regulations at business locations, ensuring price listing and selling at listed prices and registered prices.
In addition, the Department of Industry and Trade requests coordination with local authorities and functional forces to strengthen inspection and strictly handle acts of speculation, hoarding goods, unreasonable price increases, trading in counterfeit goods, poor quality goods, goods of unknown origin, contributing to ensuring market stability.
Strengthen e-commerce inspection, handle counterfeit goods and smuggling
According to Ho Chi Minh City Market Management (QLTT TPHCM), the unit has deployed key tasks in the fight against smuggling, trade fraud and counterfeit goods. The force focuses on inspecting prominent areas and key commodity groups to promptly handle violations, contributing to stabilizing the market.
Regarding e-commerce activities, the Sub-Department has directed Market Management Teams to strengthen supervision of organizations and individuals doing business on e-commerce websites, e-commerce exchanges and social networks (Facebook, Zalo, TikTok...).
Mr. Nguyen Quang Huy - Deputy Head of the Ho Chi Minh City Market Management Sub-Department - said that in the last months of 2025 and the period approaching the Lunar New Year of Binh Ngo 2026, consumer demand increased sharply, leading to the risk of fake and smuggled goods entering the market. According to him, violators often take advantage of promotional programs and deep discounts to mix and consume poor quality goods.
Faced with this situation, the Ho Chi Minh City Market Management Sub-Department is deploying a peak period of inspection, focusing on handling general warehouses, goods gathering points and violations in the e-commerce environment. Based on closely following the 2026 work plan, the unit focuses on strengthening e-commerce inspection, handling general warehouses, goods gathering points; conducting surprise inspections of committed establishments; and thoroughly handling violations in tourist streets, commercial centers and traditional markets.
