Food prices in Hanoi shoot up

A week before Tet, food prices in Hanoi have kept increasing despite the ready availability of food products.

At major markets including Hang Be, Kim Lien, Thanh Cong and Lang Ha, meat rose 15-20 percent in price.  Chicken rose from VND145,000  to VND160,000 a kilo while beef jumped from VND140,000 to VND160,000 a kilo.

Pork prices increased by VND10,000 a kilo while 10 eggs jumped from VND25,000 to VND28,000.

The demand for pork legs is expected to rise as 2010 is the Year of the Tiger according to the tradition and people will use pork for praying on New Year’s Eve rather than the customary chicken. The pork leg price will rise at least to VND100,000 a kilo.

Tags: Tet Food prices, Vietnam 2010 Tet

Posted by VBN on Feb 10 2010. Filed under Trade. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry