The supermarket system of Saigon Co.op and many big brands in HCM City have kicked off new promotions. — VNS Photo Van Chau
Vegetable prices are going up in HCM City as consumption rose rapidly after social distancing was lifted.
Prices of some popular vegetables such as bitter melon, cucumber, carrot, broccoli, choysum, cucumber and squash are increasing due to adverse weather and lower supply because of the Covid-19 situation.
At markets, the price of bitter melon, tomatoes, cucumbers, zucchini is VND30,000 to VND35,000 (US$1.3-1.5), up by 10 to 20 percent compared to the previous few days.
The prices of all kinds of cabbage ranged from VND27,000 to VND30,000 ($1.1-1.3) per kg, up 5 to 10 percent compared to the previous days, and is expected to continue to increase.
Le Thanh Nhan, a director of an agricultural production cooperative in HCM City, said that the price of vegetables and fruits would continue to increase in the coming time due to farmers reducing production and to cost increases because of saltwater intrusion in rivers in Mekong Delta provinces such as Dong Thap, Ben Tre and Tien Giang.
In Tien Giang, saltwater intrusion has forced farmers to buy water from other provinces. Fearing that this would push up costs of cultivation of vegetables and cause losses, farmers stopped planting, experts said.
The situation is similar in other provinces such as An Giang and Long An, where vegetable output has fallen by 70 per cent.
Business activities and catering services will gradually recover, but supply is not ready, which will lead to shortages and temporary price increases for a short period, according to Nhan.
In face of the situation, Co.opmart supermarket systems, Co.opXtra hypermarkets, and Co.op Food stores are running promotions to May 5. They will offer 15 to 20 per cent discount for many kinds of vegetables and fruits and create favorable conditions for customers shopping at stores or via phone and Zalo and Viber apps.
Meanwhile, fashion, accessories, household and food shops at Vincom shopping malls in HCM City are offering up to 50 per cent discount programmes to stimulate consumption.
Specifically, a series of big brands such as GAP, Super Dry, CC Double O, Banana Republic, Jelly Bunny, OVS, Cotton: On, Giordano, Canifa, Boo, John Henry, Furla, Geox, LYN, Parfois, Adidas, Lining, Shooz and Vascara are offering many promotions with 30-50 per cent discount. Buy 1-get 1 free is being offered by Robins Department Store. — VNS