Da Nang retailers are busy preparing for food and consumer goods to meet growing demand over the upcoming Tet Festival which will fall on 12 February 2021.

A wide range of Tet consumer goods are being prepared by retailers across Da Nang

According to a spokesperson for Da Nang Department of Industry and Trade, 13 production and business units, trade centres and supermarkets across the city have spent a total of around 550 billion VND on stockpiling various types of goods for upcoming Tet festival. Included are 162.8 tonnes of rice and glutinous rice, over 1,200 tonnes of different types of meat, 1,078 tonnes of vegetables and fruits of all kinds, more than 1,326 tonnes of processed and canned foods, 5.7 tonnes of dried food, and 512 tonnes of confectionery.

Besides, traders in four traditional markets of Con, Han, Dong Da and Hoa Cuong have poured more than 360 billion VND into storing goods for Tet.

Around 300 billion VND in total has been used to stockpile Tet goods by traders in some major traditional markets. 

Approximately 500 billion VND has been spent on storing essential consumer products by traders at specialised shopping areas.

Meanwhile, the petroleum companies in Da Nang have stockpiled 144,530m³ of petrol and diesel.

Picture taken at the Co.op Mart Da Nang Supermarket

A representative from the MM Mega Market Da Nang said his unit has stockpiled thousands of tonnes of food and consumer goods totalling over 68 billion VND in order to secure the supply over the upcoming festival. Best-selling products are expected to be rice, glutinous rice, processed and canned foods, fruits, Tet specialities, and beverages.

Mr Nguyen Thanh Nhuan, Director of the Central Viet Nam branch of the Viet Nam Industrial Livestock Production Company (VISSAN), said his company planned to offer 277 tonnes of frozen and processed meat, totalling over 20 billion VND, in a bid to meet the increasing demand of local residents.

As planned, meat will be sold under market price stabilisation programme at 15-16 locations across the city between 9 and 11 February. The meat will be stored by Da Nang branch of the CP Vietnam Livestock Joint Stock Company, Da Nang-based Dac Vinh Company and the Hai Thuyen Services and Trading Co., Ltd.

In addition, sales events for processed meat products of Da Nang branch of the Viet Nam Industrial Livestock Production Company (VISSAN) will be organised at four traditional markets near busy residential areas.

The Co.op Mart Da Nang Supermarket will organise a market price stabilisation programme in the rural and mountainous communes of Hoa Lien and Hoa Phu in Hoa Vang District from 27-30 January.

Within these days leading to the Tet Festival, staff of Da Nang Market Management Bureau will increase their checks, and make every effort to ensure that the goods will be sold at the displayed prices. Specifically, stricter penalties will be imposed on those who increase prices of essential goods excessively due to the scarcity of goods to generate illicit profits.

Heed also will be paid to dealing with smuggling, trading in fake goods and poor-quality items, and commercial fraud. 

By KHANH HOA - Translated by M.D