Purchasing power at supermarkets rises 40 pct

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VietnamPlus English - 29 month(s) ago 3 readings 2 duplicate news

The number of shoppers at major supermarkets in Hanoi and Ho Chi Minh City rose between 30 and 40 percent during the New Year holiday on Jan. 1-2.



The most consumed products include clothes, children footwear, confectionaries and dry food traditionally used for Lunar New Year celebration.

In order to meet consumer demand in the coming Lunar New Year which will fall on Jan. 23, Saigon Coop supermarket chain increased the stock of essential goods by fourfold compared to normal days.

Nguyen Thanh Nhan, Deputy General Director of Saigon Coop said that their outlets saw purchasing power increase by nearly 50 percent from early December last year, especially fresh food.

The Big C supermarket also raised the stock of commodities by 30 percent and launched two promotional programmes with discounts from 5 to 50 percent on nearly 1,200 items.

From Jan. 2-8, the Vinatex mart chain offers discounts of 50 percent on garment, cosmetics and foodstuff.

So far, Vissan has stockpiled commodities worth over 958 billion VND and plans to give deep discounts on raw pork to serve the poor.

At wholesale markets in HCM City, the volume of vegetables and fruits surged by nearly 30 percent during the holiday but prices stayed stable./.

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