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.
Director of Ho Chi Minh City-based ABC Bakery Kao Sieu Luc continued making dragon fruit moon cakes which are predicted to be going like hot cake in the season of mid-autumn festival in Vietnam.
According to the Department of Industry and Trade of Ho Chi Minh City, total retail sales and services revenue were estimated at VND112.77 trillion in January this year, an increase of 11.2 percent compared to the same period last year.
The consumer price index (CPI) in January this year jumped by 1.23 percent compared to December last year, the highest level in the past seven years, and soared by 6.43 percent over the same period last year, according to the General Statistics Office of Vietnam.
The Vietnam Administration of Drug under the Ministry of Health sent its request to local preventive medicine centers and hospitals asking to have drug reserve plan for treatment in the Tet holiday (the Lunar New Year) and festive season when outbreaks of diseases usually occur.