Mr. Le Huynh Minh Tu, Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, said that the supply of pork, poultry meat, and eggs for the city market would certainly not be insufficient after his first working day with key suppliers on January 20.
The business peak season of the lunar New Year has ended. The unofficial figures showed that the purchasing power of Tet market this year has risen by 10-15 percent over the same period last year while goods supply was diverse and plentiful and the price was fairly stable.
The year 2019 will end in seven weeks and the lunar New Year is 20 days after the New Year. In order to ensure supply of all kinds of goods with stable prices for 10 million people, the People’s Committee of Ho Chi Minh City ordered departments and enterprises to focus on preparation of goods for Tet holidays.
The prices of pork have been skyrocketing, forcing several families to replace pork by poultry meat. Meanwhile, the Ministry of Agriculture and Rural Development assured that the shortage of pork was merely around 200,000 tons, while other sources forecast a shortage of 500,000 tons of pork.