Vietnamplus

With the Lunar New Year (Tet) around the corner, retailers are scrambling to stockpile goods to meet the imminent surge in demand.

A ceremony to launch Online Friday 2022 and open the second Concentrated Promotion Month of this year called “Shopping Season” was held in Ho Chi Minh City on December 1 evening.

Not only one but two attractive promotions are offered by Vietjet to passengers to celebrate the atmosphere of Black Friday and Cyber Monday shopping festivals across the world.

Ho Chi Minh City’s retailers have stocked large volumes of goods to meet the demand during the peak Tet (Lunar New Year) shopping season, and promise to keep prices steady.

After months of contraction due to the COVID-19 pandemic’s impacts, production and export activities are recovering strongly, the Dau tu (Vietnam Investment Review) newspaper reported.

Shopping malls and stores have begun the year-end shopping season with promotions offering discounts of up to 80 percent.

Ho Chi Minh City’s Department of Industry and Commerce (DoIC) in collaboration with the departments of Tourism and Health on November 15 launched the largest concentrated promotion programme entitled “Shopping Season 2021".

Car sales in November failed to meet expectations even though the year-end shopping season has started and despite various discounts of up to hundreds of millions of dong.

The year-end online shopping frenzy has kicked off with giant local and foreign players like Lazada, Tiki, Sendo, and Shopee rolling out promotions since the middle of last month.

Online shopping is expected to surge in the remaining months of this year with many e-commerce players launching promotions.

The Hanoi Department of Industry and Trade has directed its enterprises to increase supply by 10 percent over the year to satisfy the demand created by the 2017 Lunar New Year holiday

Vietnam advanced in the latest consumer confidence ranking by global information and measurement company Nielsen.

Wholesale markets and shops in HCM City offering a range of quality local products as the shopping season begins in earnest ahead of Tet, the Lunar New Year.