The supply of consumer goods in Hanoi during the traditional Tet holiday is forecast to increase by 20-25 percent to meet consumers’ high demand, said Tran Thi Phuong Lan, Vice Director of the municipal Department of Industry and Trade.

The Hanoi Department of Industry and Trade will coordinate with retail branches and enterprises to ensure the supply of consumer goods meets the demand, as well as guaranteeing a stable market during the 2015 Lunar New Year.

Customers shopping at the Pico Supermarket in Nguyen Trai Street. (Photo for illustration)

The department will organize over 200 shipments of basic consumer goods to rural areas, industrial zones and processing zones to serve of farmers and workers in these regions, all the while ensuring stable prices.

Enterprises in the locality have developed plans to increase their stocks by 10-15 percent. Supermarket chains like Metro, Big C, Coopmart and Oceanmart are stocking up on consumer goods, costing more than 2.3 trillion VND (109.5 million USD) so far.

Craft villages in the city have devised plans to produce clothes, confectionary items, sausages and other commodities worth 150 billion VND (7.1 million USD).

The department will closely monitor the demand and supply of goods and services in the locality and take necessary measures to ensure market stability. The authority calls upon enterprises to participate in the price stabilization program and carefully prepare their retail outlets to ensure supply and demand.

Source: VNA