Hanoi prepares goods worth 1.14 billion USD for Tet

Hanoi’s Department of Industry and Trade is partnering with firms and business households to prepare goods worth 26 trillion VND (1.14 billion USD) in total for the upcoming Tet (Lunar New Year) holiday.
Hanoi prepares goods worth 1.14 billion USD for Tet ảnh 1A goods fair in Hanoi (Photo VNA)

Hanoi (VNA) –
Hanoi’s Department of Industry and Trade ispartnering with firms and business households to prepare goods worth 26trillion VND (1.14 billion USD) in total for the upcoming Tet (Lunar New Year)holiday.

Thiswas a rise of 10 percent over last year’s plan due to an anticipated increasein consumption, the department said.

Le Hong Thang, the department’s Director, said the department would keep aclose watch on market supply and demand with a focus on essential items such asfood products.

Thang also asked district authorities to create conditions for firms andbusiness households to accumulate goods for the Tet holiday and urged firms toactively study market demand and implement plans for production and goodspurchase to ensure adequate supply and prevent scarcity of goods andunreasonable increase in prices.

Demand for goods in the months ahead of Tet (from January 1, 2018 to February28, 2018) is estimated to be 10-15 percent higher than other months, thedepartment said.

The volume of goods for the Tet holiday included 193,600 tonnes of rice,50,000 tonnes of pork, 14,000 tonnes of chicken meet and 13,800 tonnes of beef,as well as 200 million eggs, 220,000 tonnes of vegetables, 12,000 processed foodproducts and 12,000 fishery products, along with 3,500 tonnes of dryagricultural products, 3,000 tonnes of confectionary products, 200 millionlitres of alcoholic and beverage products and 120,000cu.m of petrol and oil.-VNA
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