Strengthening price management, stabilizing the market after Tet and in 2025

Việt NamViệt Nam01/02/2025


After Tet and throughout 2025, the Price Management Department will continue to strengthen price management and operation; focus on ensuring balance between supply and demand of goods, and stockpiling essential consumer goods.

Strengthening price management, stabilizing the market after Tet and in 2025 Customers choose to buy fruit at Aeon Long Bien supermarket, Hanoi. (Photo: Tran Viet/VNA)

The Price Management Department (Ministry of Finance) said that after Tet and throughout 2025, it will continue to strengthen price management and operation; focus on ensuring the balance of supply and demand of goods, and reserve essential consumer goods to fully meet people's consumption needs.

In addition, proactively monitor closely the price developments of strategic commodities in the world market, developments in the world economic situation and geopolitical tensions, promptly warn of risks affecting domestic price levels, proactively implement within authority or propose and advise competent authorities on appropriate, flexible and timely measures, solutions and response scenarios, striving to control average inflation in 2025 according to the target set by the National Assembly.

In addition, review and implement the roadmap for adjusting public service prices according to the market roadmap and State-managed goods according to market principles, conduct assessments and carefully calculate impacts to avoid causing major disruptions to price levels, greatly affecting people's lives, and ensuring the goal of controlling inflation.

The Ministry of Finance also requested relevant units to flexibly and effectively use tools and measures to regulate prices in accordance with the provisions of the law on prices to control and stabilize the market. In particular, strengthen the effective implementation and supervision of price declaration and price posting measures; publicize price information. Promote production and business development to create a favorable environment for enterprises to develop, help increase supply, thereby reducing pressure on price increases.

Ministries, ministerial-level agencies, and provincial People's Committees shall comprehensively study the provisions of the system of legal documents on prices in the Law on Prices and documents guiding the Law to organize the implementation of price management tasks according to the assigned authority and responsibility of agencies and units as prescribed.

According to the Price Management Department, the first quarter coincides with the time when many year-end festival activities and the Lunar New Year At Ty take place. According to the law, prices of some essential goods often increase slightly during Tet and then gradually decrease back to normal after Tet.

Near Tet, the demand for shopping to serve the production and processing of food for sale during Tet as well as year-end restaurant catering services increases, but the prices of essential goods basically do not fluctuate much due to abundant supply.

There is no shortage of goods or price fever in the market, people are changing their habits to save money and spend wisely during Tet. The clear trend during this year's Tet holiday is the strong shift from direct shopping to online shopping.

Online market activities on digital platforms from TikTok, Facebook, Zalo are always bustling with many promotional programs, year-end discounts, rich in product types and prices, creating great attraction for consumers.

Reports from a number of localities, as well as through the work of capturing market price information of the Ministry of Finance (Price Management Department), show that the market prices of essential consumer goods in the days before Tet basically did not have any unusual fluctuations.

Prices of some goods increased slightly, mainly in the group of goods serving worship and consumption needs during Tet such as fresh flowers, fruits and some seafood, livestock, poultry and vegetables; prices of other essential goods at supermarkets and commercial centers were basically stable.

The supply of goods is abundant, diverse, and has many designs to meet people's shopping needs. Shopping activities in the days before Tet mainly focus on a number of items such as fruits, vegetables, fresh foods, candies, beer, wine, and carbonated soft drinks...

On the first day of the Lunar New Year, most markets, supermarkets, and shopping malls are closed for the holiday. Only Aeon Mall and Gigamall are still open to serve the city's residents, with service hours from 10:00 a.m. to 10:00 p.m.

On the second day of Tet, many markets, supermarkets and shopping malls were still closed for Tet, but some large supermarket chains such as Co.opmart, Co.opXtra, BigC, Go! opened from 8am to 10pm to serve people's shopping needs.

Small retail markets have also opened to sell fresh flowers, vegetables, spices, and fruits.

In Ho Chi Minh City, convenience stores such as Family Mart, GS25, Kingfood Mart operate during Tet, and some supermarkets such as Coop mart, Satra start operating again with shorter opening hours.

In some big cities like Can Tho and Da Nang, some supermarkets and shops have also reopened. People on the first day of the year mainly go to wish a happy new year, go on spring outings and go to pagodas, which increases the demand for parking in some areas. However, the price of parking motorbikes is basically stable.

On the third day of Tet, many traditional markets, convenience stores, and shopping malls in cities across the country have opened for sale. Trading activities are gradually returning to normal, consumer demand at the beginning of the year is not high, mainly focusing on some essential goods such as fresh seafood, fresh vegetables and fruits, food and beverage services, tourism services, entertainment, car parking services, passenger transport services...

The Price Management Department assessed that the market supply and demand situation is basically stable and under control, especially in the context of people tending to spend economically this year. Therefore, in general, Tet market prices in localities have fluctuated, but there is no shortage of goods or price fever.

Source: VNA



Source: https://baophutho.vn/tang-cuong-quan-ly-gia-on-dinh-thi-truong-sau-tet-va-nam-2025-227206.htm

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