Sellers allay fears of price run-ups during holiday

Worries about prices going up ahead of the upcoming Liberation Day-May Day weekend are unfounded, with food prices even declining slightly, HCM City-based supermarkets and markets assure.

The prices remain down, thanks to abundant supply as well as big festival promotions announced by producers and distributors.

Vissan Company has cut the prices of processed foodstuff, including pork paste, sausages, and jambon, by 5 per cent, and canned food by 10 per cent from April 15 to May 5.

Bui Duy Duc, general director of Vissan, says his company has been able to procure abundant farm produce and would supply goods at a reasonable price during the lead up to the holiday period.

There is also enough supply of aquatic produce and foodstuff to HCM City's markets, he added.

Binh Dien wholesale market in District 8 received 11,630 tonnes of seafood and vegetables this week, 560 tonnes more than last week.

As a result, some seafood prices are even slightly down.

Ba Huan Company says egg prices are also down 10 per cent from February. A chicken egg now costs 1,400-1,500 and a duck egg 1,800-2,000.

Supermarket discounts

The Co.op Mart supermarket chain - are offering discounts of 4 to 50 per cent on a range of products to celebrate Sai Gon Co.op's 20th birthday.

Nguyen Thi Hanh, general director of Sai Gon Co.op, says the supermarket has persuaded partner-companies to maintain prices, especially those of essential goods, to keep the market stable.

Other city supermarkets have also launched promotions to stimulate demand amidst the economic downturn.

Big C supermarket is offering a 5-16 per cent discount on pork products. Pork chops and ground pork cost VND65,900 and VND59,500 a kilogramme.

It has also announced attractive promotions like Danh thuc tai noi tro (Housework talent Inspiration) and Mua sam gia re (Cheap-priced shopping) under which it offers a 50 per cent discount on 800 items.

Yeu thuong tang me (Love for mother) offers a discount of 20 per cent on 20 home appliances, cosmetics, and foodstuffs.

VietNamNet, Viet Nam News

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