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Vietnamese importers to reduce purchases for Tet celebrations as they fear lower demand

Vietnamese importers to reduce purchases for Tet celebrations as they fear lower demand Vietnamese fruit and food importers expect lower demand during Tet (Lunar New Year) next February due to the impact of the COVID-19 pandemic, they are therefore planning to reduce imports. A company in Binh Thuan province said it has decided to cut fruit imports between now and Tet by 50 percent compared to the same period last year. Pham Thien Hoang, Director of Pham Hoang Trang Company (which owns GreenSpace Store), expressed a different opinion, saying Tet is the season for consuming fresh fruits such as apples and cherries in the high-end segment.

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