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Jewellers in Vietnam make new products to meet surging Tet demand

By Sarah ChenVietnam
1 min read
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In this article (4)

Gold shops in HCM City are stocking many kinds of original products and hope to make big profits on them during Tet.

Gold traders expect the demand for gold products to be particularly high on the 10th day of the new year, which is the birthday of the God of Wealth.

Last year, many gold shops were hit by a shortage of stock after people flocked to buy gold on that day, according to market observers.

Questions & Answers

Q.

Why are gold shops in HCM City making new products?

A.

Gold shops in HCM City are making new products to meet the expected high demand during Tet. They hope these original products will help them make big profits over the holiday period.

Q.

When do gold traders anticipate the highest demand for gold products?

A.

Gold traders expect the highest demand for gold products on the 10th day of the new year. This specific day is significant as it is considered the birthday of the God of Wealth.

Q.

What issue did many gold shops face last year during the Tet period?

A.

Last year, many gold shops experienced a shortage of stock. This occurred after a large number of people flocked to buy gold on the 10th day of the new year, according to market observers.

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