HCM City supermarkets ready for Tet rush
Supermarkets participating in the city’s price stabilisation programme have increased their supply of essential goods to meet demand in the run-up to Lunar New Year (Tet) holiday.
Co.opmart chain has increased stockpiles by four times compared to normal months to ensure an adequate supply during the holiday.
It stocked 11,000 tonnes of rice, 3,800 tonnes of sugar, 4,400 tonnes of cooking oil, 5,100 tonnes of animal meat, 2,370 tonnes of poultry meat, 2,250 tonnes of processed foods, 9 million eggs and 490 tonnes of seafood.
Besides essential items that are sold at 10 percent lower than the market price under the city’s price stabilisation programme, Saigon Co.op will slash prices by an additional 10-50 percent on selected items.
The chain also plans to organize at least 150 mobile sale trips to the city’s remote districts as well as industrial parks and export processing zones to serve buyers.
Similarly, the supermarket chain Big C has increased its supplies by 15 percent compared to last year’s Tet period. It is offering a discount of up to 50 percent on nearly 3,000 Tet products until February 2.
Big C and Co.opmart are improving home-delivery services and increasing the number of staff to meet consumer demand.
Both chains are prepared an increased number of Tet gift baskets, with most of the items made in Vietnam.
Many electronic shops in HCM City, including Nguyen Kim, Thien Hoa and Cho Lon, are offering attractive discounts on TVs, cameras, mobilephones and electronic household appliances to support consumers.
In addition, Co.opmart has implemented a programme to offer 10,000 Tet gift baskets at prices 15-30 percent below-market for workers at industrial parks and export processing zones.
Co.opmart expects that its revenue this Tet will increase nearly 25 percent compared to the same period last year.