Tet goods revenue estimated to increase 15.2 percent

SGGP
Total goods revenue of businesses under the market stabilization program in HCMC was estimated to reach VND18,679 billion (US$821 million) during the Tet holidays, up 15.2 percent over the previous Tet holidays, reported the Department of Industry and Trade.

Customers buy vegetables at Co.opMart Supermarket in Cong Quynh street, district 1, HCMC (Photo: SGGP)

Customers buy vegetables at Co.opMart Supermarket in Cong Quynh street, district 1, HCMC (Photo: SGGP)

Of the total, subsidized goods revenue went up 16.3 percent to reach VND7,569 billion.
Mr. Nguyen Anh Duc, standing deputy director general of Saigon Union of Trading Co-operatives (Saigon Co.op), said that the system’s sales and customers tripled normal and increased 10 percent over the previous Tet.
Despite of highly surging customers to Co.opMart supermarkets, there was neither goods scarcity nor cashier congestion, he said. Total sales of the supermarket system posted a year on year increase of 11 percent from the second to the sixth day of the Lunar New Year. Some fresh food hiked 15-25 percent.
Market stabilization businesses organized 361 mobile selling trips to outskirt areas such as Binh Tan, Can Gio, Hoc Mon, Cu Chi and Binh Chanh districts to serve local residents and workers in industrial parks and export processing zones.
In addition, Saigon Co.op, Lotte Mart and Big C supermarkets visited disadvantageous families in provinces and cities where they are operating and gave them Tet presents.

By HAI MIEN – Translated by Hai Mien

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