HCM City to increase market stabilization goods supply by up to 6% in 2025

The Ho Chi Minh City Department of Industry and Trade has announced that, based on consumer demand, purchasing power, and supply performance in 2024, the volume  of goods allocated for market stabilization in 2025 will increase by 4-6%.

This supply is expected to account for 21-32% of the market share during regular months and 24-41% of market demand during the Tet (Lunar New Year) holiday, ensuring stable pricing and availability.

The department also reported that businesses in the city have been focusing on ramping up production during the first quarter of 2025 to fulfill existing orders and achieve new production and business goals. Early indicators suggest a strong recovery, with many promising signs of economic growth.

According to the department, the explosive growth of e-commerce, cashless transactions, and flexible sales policies—featuring attractive incentives, diverse product designs, and a wide range of goods—has significantly boosted consumer purchasing power in the first months of the year.

It is estimated that total retail sales of goods and service revenue in the first two months of 2025 in the southern city increased by 15.9% compared to the same period in 2024.

To achieve the ambitious target of growing gross regional domestic product (GRDP) by over 10%, Mr. Bui Ta Hoang Vu, Director of the Ho Chi Minh City Department of Industry and Trade, outlined a comprehensive 2025 work program. This program includes initiatives to support businesses in stabilizing operations and accelerating production and business activities, fostering economic stability and growth.