HÀ NỘI — Experts expect that purchasing power during the Lunar New Year 2024 holidays may increase by over 10 per cent compared to the same period last year. The supply of essential goods has been also proactively prepared by businesses very early, with the amount of inventory increasing by 10 – 25 per cent over the same period. To stimulate domestic consumption, many businesses have plans to deploy promotion programmes and discounts on many essential consumer products, especially in the months leading up to Tết. Retail sales of goods increased by 8.6%According to the report on the implementation of Resolution No. Specifically, trade and service activities in November are quite exciting in preparation for the major holidays at the end of the year and to celebrate the Lunar New Year 2024.

Source: Viet Nam News December 19, 2023 08:00 UTC