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Vietnam’s main holiday season to be hit by cut in shopping budgets

Vietnam’s main holiday season to be hit by cut in shopping budgets

Consumers seem set to tighten their purse strings this Lunar New Year amid surging prices of essential items caused by a string of natural disasters this year.

Consumer demand rises as Tet nears

Consumer demand rises as Tet nears

Supermarkets packed ahead of Tet holiday

Supermarkets packed ahead of Tet holiday

Businesses paint gloomy picture as Tet shoppers tighten purse strings

Businesses paint gloomy picture as Tet shoppers tighten purse strings

Unusually for Tet (Lunar New Year holidays), businesses are complaining consumers are spending less on gifts, accessories, jewelry, fruits, and electronics, causing stocks to pile up.

January 19, 2023 | 03:13 pm PT

Tet shopping rush begins in Hanoi, but not in HCMC

Tet shopping rush begins in Hanoi, but not in HCMC

In the last weekend before the year’s biggest holiday, Tet, shopping spots are packed in Hanoi but not so much in Ho Chi Minh City.

January 15, 2023 | 06:22 pm PT

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