Economy

Peach blossoms and kumquats 'stand in the market' waiting for customers on the 29th day of the Lunar New Year.

QA January 28, 2025 12:43

Rarely has the market for ornamental plants during Tet (Lunar New Year) been as sluggish as this year. On the 29th day of the 12th lunar month, the last day of the Year of the Dragon, there were still many peach blossoms, kumquats, apricot blossoms, etc., on the streets, but there were hardly any buyers.

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According to reporters' observations, on the 29th day of the Lunar New Year, the last day of the Year of the Dragon, many flower and ornamental plant stalls still had a large quantity of plants left. Vendors remained, waiting for their last customers. In the photo: A stall selling kumquats and apricot blossoms for Tet in front of the Central Park in Vinh City still had many plants on the morning of the 29th day of the 12th lunar month. Photo: QA
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Along the streets of Vinh City, many small vendors still set up stalls waiting for customers, however, the number of people inquiring about buying is not large. Photo: QA
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According to many small traders, the market for Tet ornamental plants has never been as sluggish as this year. Many businesses have only sold about 50% of their plants, forcing them to sell off the rest to recoup their capital on the last day of the year. Photo: QA
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Signs advertising unloading and excavation have been erected all along the roads. Photo: QA
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Despite prices hitting rock bottom, many businesses remain deserted. Photo: QA
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On Lenin Avenue (Vinh City), some stalls selling yellow apricot blossom trees still have a large number of trees that haven't been sold yet. Photo: QA
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In Dien Thanh town, Dien Chau district, kumquat bonsai stalls still had a large number of trees available on the morning of the 29th day of the Lunar New Year. Photo: QA
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Reportedly, the price of kumquat trees for Tet (Lunar New Year) has dropped by 50-70% compared to previous days, now costing only 200,000-500,000 VND per large tree. Photo: QA
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Along National Highway 7B, in the sections passing through Dien Chau and Yen Thanh districts, many kumquat selling points still have a large number of trees in stock, especially the larger ones, which are not attracting many buyers this year. Photo: QA
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The last kumquat trees were chosen by customers to take home on the 29th day of the Lunar New Year. This year, due to the difficult economic situation and reduced incomes, the market for Tet flowers and ornamental plants is also more subdued than in previous years. Many small traders hope to sell off their remaining trees this afternoon so they can pack up and officially take a Tet holiday break. Photo: QA

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