Businesses pitch in to ease financial pressure on consumers amid COVID-19
| |
Customers at a supermarket in HCM City |
To sustain raw material supply, many businesses have turned to other markets such as the Republic of Korea, Japan and Europe.
The supply of materials in these markets is plentiful and reliable, but prices are much higher.
Yet, most members of the FFA are trying to keep prices at the same levels as before the epidemic, even coordinating with distribution and retail systems to reduce prices, especially of essential items, she added.
Nguyen Thi Thanh Nhien of HCM City’s Phu Nhuan district said she recently bought some essential items like cooking oil, shower gel, shampoo, and pork at the Co.opmart supermarket on Nguyen Kiem Street, and their prices were VND10,000 - VND50,000 (US$0.4-US$2.2) lower than at traditional markets.
Nguyen Anh Duc, general director of Saigon Co.op, said its retail chains like Co.opmart, Co.opXtra, Co.op Food and Co.op Smiles are offering attractive promotions on essential goods for 21 days from August 20 under its “Proud of Vietnamese Goods 2020” programme to ease consumers’ financial burden amid the COVID-19 pandemic.
Prices of many products like milk, meat, fish, fish sauce, fragrant rice, and more than 20 kinds of farm produce are discounted.
From August 25 Co-opmart, Co.opXtra, Co.opmart SCA and Fine Life supermarkets nation-wide will gift customers who have Saigon Co membership cards anti-bacterial cloth masks.
The most practical way for a retailer to contribute to the fight against the pandemic is to ensure sufficient stocks of essential goods for the next several months and have plans in place to ensure regular supply of these products at the lowest possible prices to prevent a scarcity of goods and keep prices steady, Duc said.
A representative of Big C & GO! said the supermarket has been supplying sufficient goods at steady prices, and has worked with delivery service providers to serve customers who order via its hotline, 19001880.
Retailers are transporting goods to various localities, especially Da Nang, Quang Nam and Hue, and adopting measures to ensure social distancing at its stores in Da Nang.
Modern distribution channels are supplying large volumes of medical masks, anti-bacterial cloth masks and hand sanitisers.
Retailers are also offering promotions on essential goods.
The Vietnam Dairy Products JSC (Vinamilk) and its Stand Tall Vietnam Milk Fund have provided 1.7 million glasses of milk to nearly 19,000 disadvantaged children across the nation to help improve their resistance against COVID-19.
Related News
Revising the title of a draft of 1 Law amending seven finance-related laws
14:33 | 21/11/2024 Finance
Businesses need support from vietnamese representative offices abroad
14:48 | 20/11/2024 Headlines
What do businesses need for digital transformation?
09:20 | 17/11/2024 Headlines
The realities of cutting down on business licenses
10:13 | 12/11/2024 Headlines
Latest News
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
More News
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export
Shrimp exports surge in 10 months, generating 3.2 billion USD
14:27 | 21/11/2024 Import-Export
Vietnam’s exports to the U.S. near US$100 billion milestone
09:46 | 21/11/2024 Import-Export
From the “abnormal” coffee price, worries about the new crop
09:46 | 21/11/2024 Import-Export
What obstacles limit the market share of Vietnamese goods in the UK?
14:49 | 20/11/2024 Import-Export
Why seafood exports to some Middle Eastern Countries are stalled
14:47 | 20/11/2024 Import-Export
Storm No. 3 destroys profits of many insurance companies
14:45 | 20/11/2024 Import-Export
Vietnam, Malaysia eye golden partnership opportunities in Halal industry
14:44 | 20/11/2024 Import-Export
Tra fish sector aiming for production, processing greening for sustainable development
14:41 | 20/11/2024 Import-Export
Your care
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export