Home appliances on sale at a supermarket in HCM City. — Photo courtesy of Nguoi Lao Dong newspaper

Retailers in HCM City have reported rising purchasing power for household appliances during the “National Sales Promotion Month 2020” from July 1 to 31.

In the past weeks, Cho Lon Household Appliance Supermarket in HCM City’s District 5 has welcomed a large number of visitors attracted by 50 per cent-discounted items.

The supermarket has also given vouchers worth VND3 million each to clients buying a certain number of goods. The past week, 40 washing machines sold at a 42 per cent discount, said a sales manager at the supermarket.

A manager at the Green Household Appliance shop on Au Co Street in Tan Binh District said that shop owners have offered discounts of 5 per cent to 40 per cent for their goods.

Thien Hoa Appliance on Nguyen Van Linh Street in District 7 has launched big discounts on the weekends, with discounts on some products up to 80 per cent.

Meanwhile, The Gioi Di Dong shops have offered discounts up to 49 per cent, especially for watches, TVs and household appliances.

According to HCM City retailers, the purchasing power for home appliances has risen significantly compared to previous months.

Nguyen Tran Thao Nguyen, CEO of Thien Hoa Home Appliances Centre, said the National Sales Promotion Month launched by HCM City and the Ministry of Trade and Industry attracted double the number of buyers at household appliance shops and markets compared to previous months.

Dang Thanh Phong, manager for The Gioi Di Dong, said purchasing power had risen from 20 per cent to 30 per cent, especially for handphones, which rose over 50 per cent. — VNS