Mainland Chinese were Việt Nam’s top source of visitors during Lunar New Year, one of the peak travel periods in the Asia Pacific calendar, reported digital travel platform Agoda.
Supermarkets, commercial centres and convenience stores are offering various sales promotions with deep discounts to stimulate shopping demand and increase sales for the Tết (Lunar New Year) holiday that begins on February 8, according to the municipal Department of Industry and Trade.
To increase local demand, ministries, branches and localities have been implementing activities to connect supply and demand and facilitate the consumption of goods, especially Vietnamese-made ones, during the Tết holiday.
Ha Noi is carrying out a series of stimulus and promotion programmes so as to recover the purchasing power of the domestic market on the occasion of the upcoming lunar New Year holiday.
The Ministry of Industry and Trade plans on ensuring goods supply according to the varying pandemic development, even preparing for the possibility of a large-scale outbreak of COVID-19 over Tet (Lunar New Year).
Vietnam Airlines Group is putting more than two million flight tickets for the 2021 Lunar New Year on sale to meet the needs of travellers during the Vietnamese holiday.
In another move, Vietjet is offering a promotion in history with 15kg checked baggage free of charge for all passengers flying across the country until October 24.
Shares plunged on both national stock exchanges on Thursday morning – the first trading session after the Tet (Lunar New Year) holiday – due to volatility on the global markets given developments of the virus outbreak in China.
The Ministry of Finance has asked its Price Management Department to keep a close watch on market supply and demand as well as price developments, especially of essential goods, during the Tet (Lunar New Year) holidays.