Prices of consumer goods about to climb

Prices of consumer goods about to climb

The promotional program to stimulate the purchasing power on the occasion of the Reunification Day and the International Workers’ Day is going to end, while the prices of input materials have been climbing sharply, significantly affecting the pressure of increasing the selling prices of many essential goods.
Enterprises strive to boost consumer demand

Enterprises strive to boost consumer demand

It is only a few days left until the end of the first quarter of the fiscal year 2021, according to many enterprises, the purchasing power at this time decreased by an average of 15-20 percent compared to the same period last year. It is forecasted that the purchasing power in 2021 will not be better than that in 2020 because of many reasons.
The delegation of Ho Chi Minh City led by Mr. Le Huynh Minh Tu, Deputy Director of the Department of Industry and Trade, visits the carrot farm of Xuan Thai Thinh Company. (Photo: SGGP)

Plentiful supply of vegetables, fruits for Tet market in HCMC at stable prices

The delegation of Ho Chi Minh City led by Mr. Le Huynh Minh Tu, Deputy Director of the Department of Industry and Trade, on January 21, continued to pay a visit and work with key enterprises of Lam Dong Province on the supply of vegetables and fruits for the city market during the Tet holidays.
Customers buy sweetmeats at a supermarket. (Photo: SGGP)

Purchasing power for Tet goods flourishes

The general purchasing power in the market has been highly increasing. People tend to buy Tet goods earlier than in previous years. Goods are plentiful and diverse with stable prices. That is the general opinion of traders about the Tet market.
Customers go shopping at a supply-demand connection program between Ho Chi Minh City and other cities and provinces in 2020. (Photo: SGGP)

Enterprises feel concern about weak purchasing power

The purchasing power in the market has shown signs of improvement, but in general, it remains extremely weak. Especially in markets, purchasing power is significantly decreasing. The situation that small traders hand back their stalls or stop their business to avoid taxes and fees has commonly happened.
A variety of mooncakes are sold at supermarkets. (Photo: SGGP)

Mooncake purchasing power soars sharply

The mooncake market has entered the peak business season with purchasing power highly increasing. This is contrary to the initial forecast that the purchasing power is unpredictable, maybe even decreases because customers cut spending due to the impacts of the Covid -19 pandemic.
Customers go shopping at a supermarket in Ho Chi Minh City. (Photo: SGGP)

HCMC’s economy in recovery

The report of the Department of Industry and Trade of Ho Chi Minh City on the situation of industrial production and commercial activities in the city in the first eight months of this year has shown many bright spots with basic indexes of industry, retail sales, and exports all making increases, although the increases were not as high as those in the same period of previous years.
Purchasing power of Da Lat fruits and vegetables shows good signs after setback (Photo: SGGP)

Purchasing power of Da Lat fruits and vegetables shows good signs after setback

After a temporary setback due to coronavirus, production of fruit and vegetable in the city of love in the Central Highlands city of Da Lat, and neighboring areas has been recovering. According to the Da Lat Flower Association, flower has not been sold because of the Covid-19 crisis. Worse, in March and April, just 20 percent – 30 percent of flower was sold.

Food processing is a bright point at present (Photo: SGGP)

Businesses promptly seek material supply sources

A report from the Ministry of Labor, Invalids and Social Affairs lately showed that hundreds of businesses have stopped operation while hundreds of others have downsized or reduced production and trading because of the Covid-19 epidemic, purchasing power reduction and shortage of materials and unskilled workers.