According to the Da Nang Department of Industry and Trade, a total of  829.47 billion VND has been spent on stockpiling food and consumer goods ready to supply local residents over the Tet Festival at the middle of February.

A buyer at the Intimex Supermarket (Photo: Khanh Hoa)

In detail, 10 of local large businesses have stored various types of goods, worth around 179.47 billion VND in total.  The products include 200 tons of rice and glutinous rice, 750 tons of different types of meat, 145 tons of vegetables, and 450 tons of processed and dried products.

Meanwhile, a total of around 150 billion VND has been used to stockpile Tet goods by traders in 8 major local markets.  They are the markets of Han, Con, Dong Da, Moi, Hoa Cuong Wholesale, Sieu Thi, Hoa Khanh, and Tho Quang Seafood Wholesale.

The remaining around 500 billion VND has been spent on storing essential consumer products by traders at local specialised shopping areas.

It has been reported that the volume of stock at the Intimex Supermarket has tripled against normal days. 

The supermarket’s Deputy Director Phan Nguyen Thanh Thao remarked that all displayed products at her venue feature clear source of origin.  In detail, vegetables and fruit are transported from the growing areas in Lam Dong and Quang Nam provinces.  Meanwhile, dried fruits, confectioneries and beverages are sourced from domestic companies, and imported from such countries as the US, South Korea, Japan, Australia, and Canada. 

A wide range of specialities of other regions nationwide are being sold, including ‘Dien’ Grapefruit and ‘Canh’ Orange from northern region, and ‘Hoa Loc’ Mango from the Mekong River Delta.

Such products are being sold at stabilised prices.

Various types of fruits being displayed at the Intimex Supermarket

Meanwhile, the city’s branch of the Co.op Mart has stockpiled 600 tons of Tet goods and other essential products, totalling 60 billion VND, up 15% against the same period last year.  Included are jams, confectioneries, beverages, beer, wine, fashionable clothes, household appliances, and cosmetics.

The supermarket’s Deputy Director Le Thi Hien has predicted that purchasing power of local consumers at her supermarket would go up by 15% compared with the same period last year. 

She remarked that her supermarket has already made plans to extend its opening hours before the Tet period to meet the growing shopping demands of local residents.  In addition, the number of service staff will be increased to ensure the best services for local buyers.

Especially, the focus is on ensuring that the goods will be sold at the displayed prices under the local market price stabilisation programme launched by the municipal Department of Industry and Trade.

Most notably, a promotional programme, with discounts of up to 50%, will be applied to thousands of products in several days leading up to the festival.

Around 10 days to go to Tet, the Hoa Cuong Wholesale Market is likely to receive an average of up to 1,000 tons of fruits and vegetables per day, a 3-fold rise compared with normal days.

The majority of fruits at this market are from Ha Noi, Ho Chi Minh City, and the provinces of Tien Giang, Tay Ninh and Binh Thuan.  Meanwhile, vegetables are sourced from growing areas in Lam Dong, Gia Lai, Quang Nam, and Bac Ninh provinces.

The market’s Management Board will increase its checks and patrols over displayed items to ensure high-quality products with a clear source of origin, and food safety and hygiene.

Head of the Management Board Diep Hoang Thong Anh said that greater efforts will be made to stabilise the prices of fruits and vegetables on sale at the Hoa Cuong Wholesale Market.