Supermarkets report sharp rise in sales during New Year
There was a surge in sales at supermarkets and shopping malls during the four-day New Year holiday.
There was a surge in sales at supermarkets and shopping malls during the four-day New Year holiday. (Photo: VNA)
HCM City (VNS/VNA) - There was a surge in sales at supermarkets and shopping malls during the four-day New Year holiday.
Many supermarkets said the number of shoppers had increased by two or three times compared to normal days.
They increased stocks of products usually in high demand during holidays such as fruits, vegetables, seafood, meat, semi-processed and ready-to-eat foods, frozen foods, and soft drinks.
Though many also increased the number of check-out counters, the large number of customers meant long queues.
Some supermarkets ran out of fresh foods. A spokesperson for Saigon Co.op said during the New Year holiday, customer numbers at Co.opmart, Co.opXtra and Co.opFood had doubled over normal days as had sales of fresh foods, cosmetics and cleaning products.
Sales of clothing and kitchen appliances had been 30 percent higher, he said.
Saigon Co.op’s Sense City department stores in Ben Tre, Can Tho and Ca Mau were also crowded, with people coming to watch films, eat and shop for clothing, footwear and cosmetics, especially if there were discounts.
Republic of Korean supermarket chain Lotte Mart said sales had been up 20 percent, with processed and ready-to-eat foods, soft drinks, fruits and vegetables, and dried foods being the biggest sellers.
Promotions had greatly contributed to the higher sales, it said.
Lotte offered many promotions at its 13 stores nation-wide, including discounts of up to 49 percent on many leading brands.
Big C supermarkets, which offered discounts, also said sales had increased significantly.
However, traditional markets like Ba Chieu and Thi Nghe in Binh Thanh district, Go Vap in Go Vap district, and Binh Khanh in District 2 said the number of customers had been slightly down compared to normal days.
Traders there said this had been because many people had returned to their hometown or travelled.
Nguyen Thu Nga, a trader at Thị Nghe Market, said prices had remained normal except for some fresh products, whose prices had gone slightly up.
Officials managing wholesale markets said there had been abundant supply during the holiday and so prices had been steady.-VNS/VNA
You should also see
PM visits police command centre, checks cultural centre construction in Phu Tho
Prime Minister Pham Minh Chinh visited the command and control centre of the Phu Tho police and examined the construction of this northern province’s house of culture and arts on April 18.
See more
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
