Stabilising Lunar New Year market

2/6/2018 - 10:08:47 AM

(HBO) – As the Lunar New Year (Tet) festival approaches, the goods market becomes bustling. At the same time, local authorities are carrying out inspections to stabilize the market.

Tet goods on display at AP PLAZA supermarket merchandise

Touring traditional markets in Hoa Binh, confectionaries and decorations for Lunar New Year occasion have been made available on shelves. All these goods are in stock to ensure a stable and abundant supply for local demand, with supermakets and malls committed to keeping prices unchanged.

Our survey showed that Tet goods are more diverse compared to the same period last year. Domestically made confectionaries are dominating the market thanks to appealing appearance and fine quality. Various promotional programmes have been launched, particularly among retailers of electronic devices, apparel, and cushions - pillows - bed sheets – mattress – blanket and other necessary consumer items. Prices of Tet goods have recorded increases hovering around 5 percent from the same period last year.

The market surveillance team has launched a plan to revise and monitor the quality and origins of necessities ahead of the Lunar New Year festival while ensuring food safety. The 389/DP Steering Board for anti-smuggling and fake goods also issued a plan stepping up goods examination on this occasion. Accordingly, inter-sectoral agencies have worked to increase monitoring against smuggling, fake goods and trade fraud, with police, market surveillance and food hygiene and safety agencies being the main forces.

The agencies have obtained achievements on the first days of their tasks. On January 17, police and market surveillance team stopped a case of transporting 100kg of spoiled pork skin without clear origin in Quy Hau commune (Tan Lac district), which was on the way to Thanh Hoa province. When checking a coach en route from Dien Bien to Ninh Binh province, relevant agencies discovered four jute bags in the luggage compartment which contained more than 500kg of goat meat without quarantine seal and clear origin. All products of violation were confiscated so they could not be sold in the market. Earlier, those forces also stopped a smuggling case of firecrackers.

Deputy head of the provincial market surveillance branch Tran Duc Truong stressed that market monitoring ahead of the Tet festival is a main task. During this time, market surveillance teams in all localities have focused on market monitoring, especially in mountainous markets and shops selling Tet goods which draw many customers.

Some people may sell low quality and fake goods to illegally earn profits and take advantage of increasing shopping demand to overcharge consumers. There are other tricks, including taking advantage of mountainous people’s trust to sell low quality and cheap products. Authorised agencies will step up monitoring to discover and tackle violations, helping consumers purchase high quality products and have a safe Tet, he added./.

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