Flooding disrupts food supply, supermarkets boost stock to stabilize prices
Flooding across the Northern and North-Central provinces has hit agricultural production and disrupted food supplies, prompting retailers to stock up as food demand is expected to surge during National Day (September 2) holiday.
Heavy rains and flooding in Northern and North-Central Vietnam have wreaked havoc on agricultural production, leaving supermarkets scrambling to secure stock ahead of the National Day holiday in order to stabilize prices. The Ministry of Agriculture and Environment reported that by August 28, the flooding had impacted 32,930 hectares of rice and other crops.
Ninh Binh Province suffered the most damage with 16,115 hectares, followed by Bac Ninh, Lang Son, Hanoi, Thai Nguyen, Quang Ninh, and Thanh Hoa. Beyond rice, flooding also affected over 1,400 hectares of other crops and more than 1,000 hectares of aquaculture in areas such as Bac Ninh, Quang Ninh, and Hai Phong.
The rising food demand is expected to drive up vegetable prices at markets across Hanoi, Bac Ninh, and Lang Son due to disrupted supplies and transportation. In response to the situation, major retail chains like GO!, Saigon Co-op, WinCommerce, WinMart, WinMart+, and WiN have taken proactive measures to bolster their inventories and adjust supplies to meet the anticipated surge in demand during the holiday season.
GO! launched its National Day promotion on August 27 and will run through September 9, with a focus on staple foods, fresh produce, fruits, frozen foods, and other essential goods. Saigon Co-op, meanwhile, offered its "30 Years of Pride in Vietnamese Supermarkets" program at over 800 outlets, showcasing more than 5,000 locally-made products. These measures are aimed at ensuring adequate supplies and preventing localized price increases.
Written by urgent.news from SGGP English Edition Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
