14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Abundant foodstuffs at Hanoi shops after panic-buying day

The retail network in Hanoi can supply sufficient necessities for locals in any case, even in the event of a drastic surge in demand.

Foodstuffs have been filled up on shelves at supermarkets and convenience stores and also abundant at wet markets in Hanoi on Sunday after locals rushed to buy in necessities following the first coronavirus infection case confirmed in the city.

 Veggies are abundant at an Aeon supermarket in Long Bien district. Photo: Hanoimoi


Buying demand fell considerable on Sunday morning, in contrast with long queues of people waiting to buy perishable food and basic necessities such as rice, noodles, toilet paper, toothpaste and hand sanitizers a day earlier.

At a Vinmart supermarket in Hai Ba Trung district, shelves are full of foodstuffs, especially rice, vegetables and meat, while prices remain unchanged from previous day. Any item that is seen running out is added in a timely manner, a staff was quoted by Hanoimoi as saying.

Meanwhile, pork meat is abundant at stands in wet markets. A pork vendor in Mai Dong market said that prices turned back to normal today while sales were sluggish.

 A pork stand on Sunday morning. Photo: Hanoimoi


On Saturday, pork prices shot up and meat, seafood quickly ran out in early morning. Prices of pork, the most common source of protein in the country, surged to more than VND300,000 ($12.93) per kilogram.

Speaking at a Ministry of Industry and Trade meeting on Saturday afternoon, Tran Thi Phuong Lan, deputy director of Hanoi’s Department of Industry and Trade, asserted that the retail network in the city can supply sufficient necessities for locals in any case, even in the event of a drastic surge in demand.

“Hanoi is committed to providing sufficient goods and locals don’t need to stockpile,” Lan affirmed, adding that psychological factors pushed up buying on Saturday morning.

 Tran Thi Phuong Lan, deputy director of Hanoi’s Department of Industry and Trade, visit a Vinmart store. Photo: Le Nam/Kinh te Do thi


Nguyen Thi Phuong, deputy general director of Central Retail Vietnam, the operator of the Big C chain, said her company actively increased stock by 3 to 4-fold, particularly that of rice, noodles and toilet paper.

Nguyen Thai Dung, CEO of BRG Retail, said his chain made the same move and pledged not to raise prices of the demanded goods.

Minister of Industry and Trade Tran Tuan Anh asked retailers to ensure supplies and not to allow drastic price hikes, both in case of epidemic occurrence and not.

Prime Minister Nguyen Xuan Phuc ordered government agencies to ensure food suppliers meet demands amid the ongoing Covid-19 epidemic in Hanoi. Market surveillance authorities are asked to investigate possible speculation and counterfeit goods.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.