Purchasing power on Tet 2013 will not increase like the previous years.Adequacy of commodities for TetTo balance essential goods demand on market, the provincial People's Committee just paid a working session with businesses joining in the price stability program for the upcoming Tet holiday 2013.Expectedly, essential goods source in service for customers before, during and after Tet holiday 2013 has a total value of VND504,89bil including processing food, fresh foodstuff (excluding oil and petrol). Of these, preferential capital source with the zero interest rate is estimated at about VND67.65bil. With the number of goods reserved for the coming Tet, customers' demand on shopping on Tet will be ensured. To adjust market price on Tet holiday, retailers such as Co.opmart, Vinatex, Citimart, Big C... have implemented many measures of purchasing on guarantee to assure stable supply and good price. Co.opMart director Vo Huu Thach, said supply of goods for Tet 2013 has been implemented since June by the supermarket. In Co.opMart Binh Duong alone, the total capital of goods reserve for Tet holiday is at about VND160bil. The supermarket will offer about 7.8 tons of pork, 3 tons of veggies and fruits and over VND54bil of confectionary for Tet market. Meanwhile, Vinatex My Phuoc director Pham Thi Thanh Loc, said the supermarket has implemented a plan on Tet goods reserve with the capital of about VND10bil. Vinatex My Phuoc pledged to supply goods adequately and stabilize price in the coming Tet. "Besides, we have held mobile goods selling trips to remote communes of Tru Van Tho, Cay Truong in Ben Cat district to cater for local customers' demand", Loc said. According to businesses joining in the price stability program, sources of commodities for the coming Tet holiday is not insufficient. Purchasing power on Tet will not increase?Though goods reserve for Tet 2013 has been pledged, businesses assessed that purchasing power on Tet would not increase. In the first ten months of this year, purchasing power was low, making enterprises joining in the price stability program worried about anticipative difficulties.Vo Huu Thach said that purchasing power in this time has decreased 20% from the same period last year, so the supermarket only intended to reserve goods at an about 30% increase, instead of 50% in the previous years. Citimart Binh Duong manager Nguyen Huu Khanh, said "our most concern is a 20% decrease of purchasing power at the current time, so we are not worry about shortage of commodities but inventory".Vinatex My Phuoc director Pham Thi Thanh Loc forecasted that "We forecast that demand on consumption in the coming Tet holiday will plunge, so we only rise about 30% of reserved goods. Our supermarket is located near industrial parks, so we will focus on essential items to cater for laborers with reasonable price".In the meantime, the provincial People's Committee asked businesses joining in the price stability program to spur mobile goods selling trips to stabilize price on Tet holiday.Reported by T.Huynh - Translated by A.C
Businesses busy with goods reserve for Tet
To ward off scarcity of commodities and price hike..., units and businesses joining in the price stability program have planned to prepare essential items for the upcoming Tet season 2013. Purchasing power on Tet 2013 will not increase like the previous years.Adequacy of commodities for TetTo balance essential goods demand on market, the provincial People's Committee just paid a working session with businesses joining in the price stability program for the upcoming Tet holiday 2013.Expectedly, essential goods source in service for customers before, during and after Tet holiday 2013 has a total value of VND504,89bil including processing food, fresh foodstuff (excluding oil and petrol). Of these, preferential capital source with the zero interest rate is estimated at about VND67.65bil. With the number of goods reserved for the coming Tet, customers' demand on shopping on Tet will be ensured. To adjust market price on Tet holiday, retailers such as Co.opmart, Vinatex, Citimart, Big C... have implemented many measures of purchasing on guarantee to assure stable supply and good price. Co.opMart director Vo Huu Thach, said supply of goods for Tet 2013 has been implemented since June by the supermarket. In Co.opMart Binh Duong alone, the total capital of goods reserve for Tet holiday is at about VND160bil. The supermarket will offer about 7.8 tons of pork, 3 tons of veggies and fruits and over VND54bil of confectionary for Tet market. Meanwhile, Vinatex My Phuoc director Pham Thi Thanh Loc, said the supermarket has implemented a plan on Tet goods reserve with the capital of about VND10bil. Vinatex My Phuoc pledged to supply goods adequately and stabilize price in the coming Tet. "Besides, we have held mobile goods selling trips to remote communes of Tru Van Tho, Cay Truong in Ben Cat district to cater for local customers' demand", Loc said. According to businesses joining in the price stability program, sources of commodities for the coming Tet holiday is not insufficient. Purchasing power on Tet will not increase?Though goods reserve for Tet 2013 has been pledged, businesses assessed that purchasing power on Tet would not increase. In the first ten months of this year, purchasing power was low, making enterprises joining in the price stability program worried about anticipative difficulties.Vo Huu Thach said that purchasing power in this time has decreased 20% from the same period last year, so the supermarket only intended to reserve goods at an about 30% increase, instead of 50% in the previous years. Citimart Binh Duong manager Nguyen Huu Khanh, said "our most concern is a 20% decrease of purchasing power at the current time, so we are not worry about shortage of commodities but inventory".Vinatex My Phuoc director Pham Thi Thanh Loc forecasted that "We forecast that demand on consumption in the coming Tet holiday will plunge, so we only rise about 30% of reserved goods. Our supermarket is located near industrial parks, so we will focus on essential items to cater for laborers with reasonable price".In the meantime, the provincial People's Committee asked businesses joining in the price stability program to spur mobile goods selling trips to stabilize price on Tet holiday.Reported by T.Huynh - Translated by A.C
Purchasing power on Tet 2013 will not increase like the previous years.Adequacy of commodities for TetTo balance essential goods demand on market, the provincial People's Committee just paid a working session with businesses joining in the price stability program for the upcoming Tet holiday 2013.Expectedly, essential goods source in service for customers before, during and after Tet holiday 2013 has a total value of VND504,89bil including processing food, fresh foodstuff (excluding oil and petrol). Of these, preferential capital source with the zero interest rate is estimated at about VND67.65bil. With the number of goods reserved for the coming Tet, customers' demand on shopping on Tet will be ensured. To adjust market price on Tet holiday, retailers such as Co.opmart, Vinatex, Citimart, Big C... have implemented many measures of purchasing on guarantee to assure stable supply and good price. Co.opMart director Vo Huu Thach, said supply of goods for Tet 2013 has been implemented since June by the supermarket. In Co.opMart Binh Duong alone, the total capital of goods reserve for Tet holiday is at about VND160bil. The supermarket will offer about 7.8 tons of pork, 3 tons of veggies and fruits and over VND54bil of confectionary for Tet market. Meanwhile, Vinatex My Phuoc director Pham Thi Thanh Loc, said the supermarket has implemented a plan on Tet goods reserve with the capital of about VND10bil. Vinatex My Phuoc pledged to supply goods adequately and stabilize price in the coming Tet. "Besides, we have held mobile goods selling trips to remote communes of Tru Van Tho, Cay Truong in Ben Cat district to cater for local customers' demand", Loc said. According to businesses joining in the price stability program, sources of commodities for the coming Tet holiday is not insufficient. Purchasing power on Tet will not increase?Though goods reserve for Tet 2013 has been pledged, businesses assessed that purchasing power on Tet would not increase. In the first ten months of this year, purchasing power was low, making enterprises joining in the price stability program worried about anticipative difficulties.Vo Huu Thach said that purchasing power in this time has decreased 20% from the same period last year, so the supermarket only intended to reserve goods at an about 30% increase, instead of 50% in the previous years. Citimart Binh Duong manager Nguyen Huu Khanh, said "our most concern is a 20% decrease of purchasing power at the current time, so we are not worry about shortage of commodities but inventory".Vinatex My Phuoc director Pham Thi Thanh Loc forecasted that "We forecast that demand on consumption in the coming Tet holiday will plunge, so we only rise about 30% of reserved goods. Our supermarket is located near industrial parks, so we will focus on essential items to cater for laborers with reasonable price".In the meantime, the provincial People's Committee asked businesses joining in the price stability program to spur mobile goods selling trips to stabilize price on Tet holiday.Reported by T.Huynh - Translated by A.C
