A representative of Tuyen Quang Supermarket said that most confectionery, beer, soft drink businesses are preparing to increase the amount of Tet goods by 10-15% compared to the same period last year. However, purchasing power this year is somewhat slower than in previous years.

To boost purchasing power, many brands have coordinated with retailers to reduce prices by 15-30%. Supermarkets and businesses expect that the final discounts before Tet will help stimulate consumers to look for consumer goods during Tet.

For the food industry, the supply of pork, chicken... on the market is relatively abundant. People can rest assured about the supply of these products during the upcoming Tet holiday.

The Department of Industry and Trade has also signed a commitment with businesses participating in price stabilization of essential goods, ensuring no sudden price increases and adequate and timely supply to consumers.