Dak Lak: Selling chrysanthemums at a loss

According to observations of reporters in recent days, although it is near Lunar New Year, chrysanthemum rows are still flooded throughout Buon Ma Thuot City but very few people come to buy.

On the main streets in the city center such as Tran Hung Dao, Truong Chinh, Le Thanh Tong, many chrysanthemum shops still have hundreds of unsold pots. Traders are having a headache because customers come to see the flowers only ask for prices or take pictures and then... leave.

With a sad face, Mr. Luong Van Duc (from Phu Yen) said that he spent about 200 million VND to bring 3 trucks of chrysanthemums and kumquat trees from Phu Yen province to Buon Ma Thuot city (Dak Lak) to sell for profit. Because there were very few buyers, Mr. Duc was only able to sell about 10% of the goods.

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Mr. Duc was sad when he only sold about 10% of the goods.

According to Mr. Duc, this year, the number of buyers is very small, customers do not even bother to ask. Only young people come to look and take pictures, buying is almost rare.

"I sell each pot for about 1.5 million VND, which is appropriate for the size of the pot and the flowers. Up to now, I have only sold about 10%. The risk of losing capital is very high because this type of product cannot be returned," said Mr. Duc.

In the same situation, Mr. Le Tuan Anh (residing in Buon Ma Thuot City) said that he has been selling chrysanthemums on Tran Hung Dao Street for 6 years. There has never been a year as bad as this year. Currently, Mr. Tuan Anh has only sold about 30% of his goods.

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A little better, Mr. Tuan Anh has only sold 30% of the imported flowers.

Explaining the sluggish sales, Mr. Tuan Anh shared that due to the economic difficulties this year, few people buy chrysanthemums. Most of the chrysanthemum buyers are from the districts, while the number of people in Buon Ma Thuot City buying is not much.

"Currently, I sell a chrysanthemum pot for an average of 700,000 VND, and even if a customer offers 600,000 VND, I will still sell it. Hopefully, I will sell out in the next few days," said Mr. Tuan Anh.

According to VietNamNet reporters, the number of chrysanthemums in Buon Ma Thuot City is still very large, concentrated in both the city center and the suburban areas. People only focus on walking, strolling around the central streets and then leaving, rarely shopping.

Nghe An: Small traders sit huddled waiting for customers

On Le Mao, Dao Tan, Le Loi streets... (Vinh City - Nghe An) on the morning of February 5 (ie December 26), the buying and selling scene was not very bustling, the number of visitors coming to see Tet flowers was only scattered on the fingers.

Importing 500 peach branches from Son La to sell since December 20th of the lunar calendar, but after 4 days, Mr. Le Manh Hung has only sold a few branches a day. While in previous years, he sold about half of the peach branches.

Hung imported peach trees from Son La. Including transportation and parking fees, the total cost is about 250 million VND. “I spent all my capital importing peach trees to sell, just hoping to have a more fulfilling Tet, but sales are very slow. Hopefully, the situation will improve in the coming days,” Hung confided.

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Purchasing power has dropped sharply, so many small traders are worried as Tet approaches. Photo: Kim Chi

Similar to Mr. Hung, Mr. Nguyen Van Nam (from Hanoi), a peach and kumquat seller in Vinh City, shared: "We have 4 peach and kumquat selling points in the city. The number of customers is very small. Companies, agencies, and businesses do not place many orders."

Realizing that the market was quite gloomy, Mr. Hung only dared to import half the amount of goods as last year. At this point of sale, if at the same time last year he sold out 1,300 peach and kumquat trees, this year he only sold 300 trees.

"Hopefully it will be sold out in the next few days, because near Tet like December 29th and 30th, we will have to lower the price, selling is like giving away" Mr. Nam worried.

According to flower and ornamental plant traders, the main reason for slow consumption is because the economic situation last year was difficult, causing people and businesses to not dare to spend a lot of money on flowers and ornamental plants to display during Tet.

The sluggish business scene has left small businesses in Nghe An feeling like they are “sitting on hot coals”, especially those who spend large sums of money importing expensive flowers and ornamental plants, such as ancient peach trees, Van Giang grapefruit, apricot blossoms or Binh Dinh yellow apricot blossoms. (Kim Chi)

Thanh Hoa: Flowers are slow to sell

Similarly, on many streets in Thanh Hoa City, Tet ornamental plants are still scattered, with few buyers.

Mr. Nguyen Van Tuan, a kumquat seller, shared that although this year the kumquat bonsai crop was good, every tree was full of beautiful fruit, but the number of buyers was much lower.

This year, he imported more than 100 trees, with an investment of nearly 200 million VND, but by the end of the 26th of Tet, he had only sold 90 million VND. With the current purchasing power, Mr. Tuan said that this year's kumquat crop will lose hundreds of millions.

“Usually, like every year, after the 23rd of Tet, people flock to buy, now only about 1/3 of the trees remain. Now it’s the 26th but not even half of the trees have been sold, the big, beautiful trees are still there,” said Mr. Tuan.

Not better off than Mr. Tuan, another trader, Mr. Cuong, invested about 250 million to buy Lang Son peaches to sell. He sat there for a whole week and only had a few people come to ask.

“Only the last two weekends had customers, the rest of the weekdays I just sat around doing nothing. Do people not have money this year that no one is shopping?! I sold more than 70 million VND on the two weekends. Now it’s almost Tet, no one is buying anymore,” said Mr. Cuong.

According to traders selling Tet ornamental plants here, not only peach and kumquat trees but almost all types of ornamental plants are "unsold".

Some images of peach and kumquat trees still fill the streets of Thanh Hoa City.

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December 26 is over but there are still a lot of peach trees and branches.
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The peach branches are full of buds but still have few customers asking to buy.
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By this time last year, traders had sold out most of their bonsai trees.
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The low number of buyers makes traders feel like they are sitting on hot coals.
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A peach seller has to carry it around to sell.
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Beautiful peach trees are still intact on all the streets.
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The number of visitors coming to see and buy peach blossoms is also low.
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Not only peach blossoms are unsold, kumquat trees are also in the same situation.
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Along the roads kumquat trees are still in abundance.
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Although the weather was nice, few customers came to buy.
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Many traders began to hang up signs to clear their goods.