After the Lunar New Year (Tet) festival, all supermarkets and traditional markets as well as the majority of shops in Hoa Binh have resumed operations, while goods supply has been abundant with stable prices, meeting the demand of local residents.
After Tet, the commodity market has continued to be stable, with abundant supply and stable prices. Strong purchasing power has been seen in some products such as yogurt, frozen seafood, green vegetables. Photo taken at Vi Hoa Binh Supermarket.
In some traditional markets, traders start selling products from the second day of the first lunar month, while local supermarkets re-opened from the fourth or sixth day.
Nguyen Thuy Nhung, a shopper from Thinh Lang ward in Hoa Binh city, said that her family has lo longer store a lot of food in the refrigerator during Tet, as traditional markets reopened right from the second day of the New Year, providing fresh foodstuff. She also showed pleasure at the stable prices of commodity during the freshly-ended Tet festival.
Among the province’s efforts to control the market, the market stabilisation programme was an important solution to keep commodity prices stable during Tet. This year, the programme in Hoa Binh drew five businesses with a combined investment of 48 billion VND (1.94 million USD). The firms, which provide necessary commodities such as rice, cooking oil, confectionary, and petrol, committed to maintain stable prices, product supply and shops from January 3 to February 29.
The shopping habits of locals have also changed without the storing of goods during Tet, contributing to reducing goods shortage.
Statistics from the provincial Department of Industry and Trade show that the locality’s total retail sales of goods and service revenue in February 2024 are estimated to reach 7.38 trillion VND, an increase of 0.35% compared to the previous month. Effective measures have been rolled out to prevent and combat smuggling, trade fraud, and counterfeit commodities before, during and after Tet, it said.
Do Manh Dung, head of the General Operations Desk under the Market Surveillance Department of Hoa Binh, said that during Tet, the Steering Committee for Anti-smuggling, Counterfeit Goods and Trade Fraud of the province detected and handled 110 cases and collected fines and tax arrears of more than 327.9 million VND, with legal proceedings launched on four cases of firecracker smuggling and illegal transportation.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
