Từ khóa: #promotions

HCMC-based enterprises are rushing to launch promotions and offer discounts in the hope of boosting purchasing power and reviving the ailing situation, which has been affected by people tightening their spending.

After Ho Chi Minh City has reopened to operate in the new normal state for more than a month, the purchasing power has still dropped sharply compared to normal days. Despite weak purchasing power, prices of some products still surge by 10-15 percent.

It is only a few days left until the end of the first quarter of the fiscal year 2021, according to many enterprises, the purchasing power at this time decreased by an average of 15-20 percent compared to the same period last year. It is forecasted that the purchasing power in 2021 will not be better than that in 2020 because of many reasons.

The general purchasing power in the market has been highly increasing. People tend to buy Tet goods earlier than in previous years. Goods are plentiful and diverse with stable prices. That is the general opinion of traders about the Tet market.