Foods prices in Hanoi are increasing due to higher transport fees following the petrol price hike on March 28.
 |
| Vegetable prices have increased due to the fuel price hike |
After the ministries of Finance and Industry and Trade raised the fuel price to VND24,580 per litre (USD1.18), vegetable prices in major wholesale markets in Hanoi on April 1 also increased by VND500-3,000 per kg.
The prices at retail markets are even higher than at the wholesale markets.
Ho Thi Nga, a trader in Dich Vong Market said they had to raise the prices because transport fees increased. Furthermore, bad weather damaged fields in the north.
"Some farmers had to harvest fresh vegetable since two or three in the morning, during the rain so they charge a little more." a trader in Hanoi said.
Prices of poultry and eggs also increased. Traders at Dich Vong Market increased their poultry prices by VND3,000-10,000 per kg.
"How can people get through tough times if prices just keep increasing one after another, we just want stable prices." Nguyen Hai Anh, a resident in Thanh Xuan District said with Vietnamplus.
However, the cost of beef, pork and aqua-products remained relatively stable despite the increased transport fees.
Traders said consumers had limited their spending to save costs since the start of recession. "We wouldn’t be able to sell anything if we raised prices too much." said Nguyen Thi Van, a trader in Nghia Tan Market, Cau Giay District.
