Post-Tet market stabilises as supplies remain abundant nationwide

VOV.VN - As of February 21 (the fifth day of the Lunar New Year - Tet 2026), the market for essential goods has largely returned to normal operations, according to the Domestic Market Management and Development Agency under the Ministry of Industry and Trade.

“In major cities, supermarkets, shopping malls and traditional markets have reopened simultaneously. Supplies are abundant, transactions are more vibrant than in the first days of the year, and no unusual price fluctuations have been recorded. This trend continues the stable momentum seen during the pre-Tet peak period,” the agency said.

From the 27th to the 29th day of the last lunar month, customer traffic at supermarkets rose by 30-50% compared to normal days, with strong demand for fresh food, confectionery, beverages and flowers. Prices of some items such as meat, seafood and vegetables increased slightly by 5-10% in line with seasonal patterns. However, continuous replenishment of supplies prevented broader price pressures.

By the 29th day of the lunar month, purchasing power eased quickly as most stockpiling needs had been met. Many flower and ornamental plant vendors offered discounts of 20-50% to clear inventory, while food prices generally remained stable or edged down slightly.

From February 17-19 (the first to the third day of Tet), the market was relatively quiet, mainly serving incidental demand through convenience stores and small retail outlets.

Transactions began to pick up again from the fourth day and became more noticeable on the fifth day, as people started returning to cities in preparation for the new working week. Major distribution systems operated smoothly and launched early-year promotional programmes. Prices of items used for post-Tet offerings, such as vegetables, fruits and flowers, rose slightly compared to ordinary days but stayed within the typical Tet range, with no signs of hoarding or price gouging.

This stability was attributed to early and coordinated preparations across localities. Goods reserved for Tet increased by around 10-15% compared to a normal month, while many businesses boosted stocks of essential items by 20-40% to prevent shortages. Products were distributed widely from urban centres to industrial zones and remote areas through price stabilisation and mobile sales programmes. Participating enterprises committed to maintaining stable prices before, during and after Tet, with many items priced 5-10% below prevailing market rates.

Market oversight and inspection were also maintained throughout the holiday period. Inspection teams worked directly with local authorities to review supply plans and address arising issues promptly. During the Tet peak, authorities inspected 28 cases and handled 20 violations, collecting over VND1.057 billion in fines and remittances. No major or high-profile violations were recorded.

Regarding petroleum, total supply allocated for 2026 stands at nearly 31.8 million cubic meters/tonnes, sufficient to meet demand under all scenarios. Refineries operated stably, and distribution networks were open throughout the holiday. No petrol stations were found to have suspended sales in violation of regulations, and retail prices were implemented in accordance with the adjustment cycles on February 12 and 20.

From the sixth day of Tet onward, as production and business activities resume fully, purchasing power is expected to rise further in line with daily consumption needs. With adequate supplies prepared and flexible management mechanisms in place, the market is projected to maintain stability in the opening weeks of the new year.

Vietnamese people are celebrating the nine-day Lunar New Year holiday from February 14 – 22.

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