Hanoi committed to ensuring sufficient goods supplies amid Covid-19 outbreak
The local authorities have been cooperating with retailers in the city to stockpile basic necessities worth VND39.4 trillion (US$1.7 billion), up 5% against the last year.

Hanoi is committed to ensuring sufficient supplies of goods and products under any circumstances, including in a Covid-19 outbreak.
Vice Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan gave the remark amid public concern that the Covid-19 outbreak ahead of the Tet holidays could cause a shortage of essentials and subsequent price hikes.
Customers at a super market in Hanoi. Photo: Pham Hung |
“The local authorities have been cooperating with retailers in the city to stockpile basic necessities worth VND39.4 trillion (US$1.7 billion), up 5% against the last year,” Mrs. Lan continued.
“Hanoi has also expanded the list of goods to be included in the price stabilization program,” she stated.
Director of the Co.opmart Ha Dong (Ha Dong district) Nguyen Thi Kim Dung said to better meet demands of locals during Tet, the Co.opmart chains have spent VND5 trillion (US$218.2 million), up 20% year-on-year, to stock up necessities in three months before, during and after the Tet holidays.
Central Retail’s Head of Communications Nguyen Thi Bich Van added in anticipation of 50% increase in customers’ demand for fresh meat and seafood, Big C super markets are working with suppliers to build up the inventory, in which that of pork would increase by 20%, and poultry by 25% against last year’s festive period.
To prevent unreasonable price hikes, since last July, the Hanoi People’s Committee has issued action plan No.138/KH-UBND detailing measures to stabilize prices of essential goods in Hanoi, especially those subject to high consumption demand during the Tet such as rice, pork, beef, chicken and vegetable.
In response to the program, major retailers, including Vinmart, Big C and Hapro have committed not to raising prices of essentials during Tet, even in case of market volatility.
Tran Duy Dong, Director of Domestic Market Department under the Ministry of Industry and Trade, expected there would be no shortage of goods supplies during the Tet, saying “the efficient implementation of price stabilization programs in provinces/cities, especially in Hanoi, is key.”
“From now on until February 11, the municipal Department of Industry and Trade will launch over 12,000 locations across the city to sell goods and products under the price stabilization program, along with other agricultural goods fairs during the Tet,” said Vice Director of the municipal Department of Industry and Trade Tran Thi Phuong Lan. |
Other News
- Hanoi pledged to accelerate Japan’s ODA-funded projects
- Hanoi weighs launch of Red River waterbus
- Hanoi – Minsk close ties: Highlight of bilateral relations
- Hanoi sets economic growth target of 7% in 2024
- Hanoi is World's Leading City Break Destination
- Hanoi to spend $400 million on fire prevention
- Hanoi plans to relocate more universities
- Hanoi upholds heritage education for students
- Amended Capital Law helps bolster urban railway connectivity to Hanoi’s periphery
- Hanoi to pilot two bicycle lanes
Trending
-
Must-visit tourist attractions in Hanoi's mountainous district
-
Hanoi Times Weekly Podcast - December 9
-
Greatest works of arts on display at Hanoi Museum
-
Hanoi to start construction of second airport in 2040
-
Vietnam’s economy demonstrates improved adaptability to new situation
-
Diwali vividly celebrated in Hanoi
-
AI to help Hanoi accelerate smart city development
-
Data mining drives smart city building: vice chairman
-
Planning essential to promote smart city development