Localities have provided enterprises with VND2.1 trillion (US$113.5 million) from their budgets so they can reserve more goods for the Tet (Lunar New Year) holidays to avoid rising prices and shortages of goods. Up to now, companies had stockpiled abundant goods to meet the holiday demand, Deputy Minister of Industry and Trade Nguyen Cam Tu [...]
Feb 10 2010 | Posted in
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Just a few days before Tet, food prices are starting to rocket meaning that consumers will be hit in the pocket as the Year of the Tiger approaches. HCM City: No shortage of food but still the prices rise Retailers forecast that the pork price would stabilize this Tet thanks to a 20-30 percent supply [...]
Feb 9 2010 | Posted in
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More than 50 Tet (Lunar New Year) markets have been opened throughout Ha Noi, selling flowers and agricultural products. “This is the biggest grouping of flower and agricultural markets ever held for Tet, with 24 more markets than were present last year,” said Nguyen Thi Nhu Mai from the Ha Noi Industry and Commerce Department. [...]
Feb 8 2010 | Posted in
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Supermarkets rather than traditional markets seem to be the preferred destination for HCM City Tet (lunar new year) shoppers this year. Bui Hanh Thu, deputy director of supermarket chain Saigon Co.op, said sales has risen by half ahead of Tet. People are flocking to French retail chain Big C to buy clothes, confectionery, and dried [...]
Feb 8 2010 | Posted in
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The prices of many traditional goods have risen in major cities as the Tet shopping season is coming. At Ho Chi Minh City’s Ben Thanh Market, the prices of processed and dried foods like “gio cha” (pork paste), “gio thu” (pig’s head paste), dried shrimp and cuttlefish, lotus seed, cashew nut, and chestnut have all [...]
Feb 6 2010 | Posted in
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Tet, the Lunar New Year holiday, is the most important festival for Vietnamese people. This sacred festival, which occurs some time between late January or early February, (depending on Lunar Calendar) has become so familiar to the Vietnamese that when Spring arrives, the Vietnamese wherever they may be, are all thrilled and excited. They feel [...]
Feb 6 2010 | Posted in
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