HCM City: purchasing power rises sharply on National Day

The purchasing power in Ho Chi Minh City increased by up to 40 percent during the National Day occasion as many families spent the three-day holiday at commercial centres instead of travelling to far destinations.

Illustrave image (Source: VNA) ảnh 1

Illustrave image (Source: VNA)

A representative of LOTTE Mart said the number of customers to the shopping centre expanded by about 40 percent and its revenue grew by 25 percent compared to normal days thanks to various promotion programmes and entertainment activities.

The strong purchasing power was also reported in supermarkets like Big C and Co.op Mart, as well as in traditional markets such as Ben Thanh, Tan Dinh, Nguyen Van Thoi and Ba Chieu.

The best-selling items included fresh food, confectionary, beverages, cosmetics and household utensils.

The trend is expected to continue in the next few days when people return to the city after the holiday.

Retailers have offered abundant quality products and services at stable prices in an effort to promote their prestige and raise consumers’ confidence.