Businesses launch Tet (Lunar New Year) gifts at affordable prices
In the context of a gradual economic recovery and people tending to tighten spending, a series of affordable Tet gift baskets have been launched by businesses with diverse designs.
Latest
 |
| Affordable Tet gift baskets are popular for Tet (Lunar New Year) 2025. (Source: mangcopvc.vn) |
In the context of a gradual economic recovery and people tending to tighten spending, a series of affordable Tet gift baskets have been launched by businesses with diverse designs.
At many supermarkets, traditional markets and stores in HCM City, a large number of Tet gift baskets have been released to the market by businesses at reasonable prices and with many promotions.
Thousands of Tet gift baskets and gift boxes with diverse designs and prices are being displayed at many Co.opmart and Co.opXtra supermarkets. In particular, business prioritises gift packages priced from 150,000-600,000 VND (6-24 USD), or even only 99,000 VND (4 USD).
A representative of Co.opmart said that this year's Tet gift baskets would be sold early and would focus on promoting 15 types of popular baskets with essential items needed during Tet (Lunar New Year) such as candies, nuts, spices and nutritious foods.
Similarly, at the Lotte Mart supermarket system, a large number of gift baskets have also been introduced. In addition to applying discounts of up to 15%, Lotte said it would give vouchers and additional discounts for large orders.
The variety is quite diverse with dozens of models priced from 190,000-2,070,000 VND per basket.
Popular baskets from 190,000-500,000 VND are given priority to be launched the most.
Lotte Mart said it also introduced gift cards with values from 100,000-5 million VND to give customers more choices.
A representative of the Emart supermarket system said that this year it proactively displayed and diversified gift baskets with more than 25 different types priced from 299,000-2,190,000 VND per basket, most of which are under 1 million VND.
In addition to focusing sales on the mid-range segment, this year the company proactively reduced the amount of candies and jams and increased healthy products in gift baskets such as brown rice cakes, tea and various nuts.
Faced with increased demand in the low-price segment, many manufacturing enterprises have also changed their Tet gift strategies to suit the market.
A representative of Orion Vina said that they had increased the quantity of affordable goods for Tet this year by 20-25%, pricing baskets from 88,000-500,000 VND.
This is a strategy to reach users in the context that they prioritize finding Tet gifts at reasonable prices and guaranteed quality. Thanks to diverse products and reasonable prices, the company recorded growth in the first weeks of sales, a representative of Orion Vina said.
A representative of Kido Group said that in addition to the confectionery line that would try to keep prices affordable, this year the group had proactively launched a large number of Tet gift packages with prices of only 100,000-200,000 VND per basket, featuring mostly practical products such as cooking oil, fish sauce and spices.
Businesses are the biggest source of customers buying Tet gift baskets every year, but this year many companies have announced a reduction in the quantity and value of gift baskets. Therefore, keeping prices and prioritising the low-priced segment is reasonable.
As the 2025 Lunar New Year approaches, many businesses have to recalculate the cost of Tet gifts for employees and customers.
The leader of a textile company in Dong Nai province said that in previous years, each Tet gift the company spent on employees averaged around 300,000 VND. However, this year, this amount had been cut by 40% because the company failed to meet its profit target.
Accordingly, each Tet gift basket for employees this year was only valued at around 180,000 VND.
With 1,500 employees, the company expects to spend about 270 million VND on Tet gifts, not including New Year and Lunar New Year bonuses.
Tran Thi Thuy, head of Human Resources at an interior design company in HCM City, said that the company was reducing the value of Tet gift baskets for employees and customers during this year's Tet holiday. Therefore, she must prioritise choosing essential gift baskets for Tet needs.
The company's gift budget for employees is 300,000 VND and for customers it is 500,000 VND.
(Source: VNA)
