Mr. Nguyen Dang Hien - General Director of Bidrico Company said that this Tet season, the unit increased production output by about 12% compared to the same period last year, hoping that purchasing power will improve because consumers are still in the trend of reducing alcohol consumption, replacing it with other soft drinks.
As a market stabilization enterprise, Mr. Nguyen Phuc Khoa - Chairman of the Board of Directors of Vietnam Livestock Industry Corporation (Vissan) said that at present, the company's goods for Tet have basically been prepared, with the main products being fresh meat, processed meat...
Saigon Trading Corporation (Satra) said it is also actively preparing goods and food to serve the 2025 Tet shopping season.
“We have worked with suppliers to ensure prices and supply of essential goods when there is demand for products in each field and to stabilize before, during and after Tet. The total value of essential food and foodstuffs stored for Tet by the retail system is estimated to increase by 15-20% compared to Tet Giap Thin 2024” - Mr. Lam Quoc Thanh - General Director of Saigon Trading Company - said.
In addition to increasing production to supply the market for the 2025 Lunar New Year, food businesses in Ho Chi Minh City also plan to reserve an additional 10-20% of production to prepare for cases of scarcity of goods and sudden supply shortages.
To stabilize the market of food, foodstuffs, and essential consumer goods during the end of the year and Tet, Mr. Bui Ta Hoang Vu - Director of the Department of Industry and Trade of Ho Chi Minh City said that the industry and trade sector is monitoring 3 wholesale markets and more than 220 traditional markets in the city on the quantity of imported and exported goods, price situation, and plan to prepare goods sources.
“In addition to inspecting and controlling the market of goods for Tet, the department also coordinates with relevant agencies and distribution systems in the area to promote preferential discounts to help reduce price pressure, especially for essential products during the peak month of Tet 2025” - Director of the Department of Industry and Trade of Ho Chi Minh City said.
In the last months of 2024, the Ho Chi Minh City Market Management Department will strengthen the dissemination of regulations of the law on state management of trade, anti-smuggling, trade fraud and counterfeit goods so that organizations and individuals clearly understand and properly implement legal regulations in production and business activities.
At the same time, step up inspection and control to detect, prevent and promptly handle the production and trade of smuggled goods, counterfeit goods, and trade fraud, protect legitimate producers and traders, and the rights of consumers.
