The influence of the Covid-19 epidemic has caused the purchasing power of children's toys during the Mid-Autumn festival to decrease, but created opportunities for Vietnamese goods to dominate the market as imported toys, mainly from China meets difficulties in shipping.
The influence of the Covid-19 epidemic has caused the purchasing power of children's toys during the Mid-Autumn festival to decrease, but created opportunities for Vietnamese goods to dominate the market as imported toys, mainly from China meets difficulties in shipping.
Nguyen Thai Hoc Street (near Dam Market, Nha Trang City) is home to many big toy shops. On Mid-Autumn festival occassion, this place is always busy with with a lot of eye-catching goods. However, shop owners here shared that, this year, the purchasing power of toys plummeted, especially Mid-Autumn lanterns. Therefore, many shops have stored fewer lanterns this season. In previous years, each shop usually stored 3,000 to 5,000 lanterns to sell, meanwhile the figure is 800 - 1,000 ones this year. “In previous years, localities, companies and tourist spots bought in bulk to donate or organize Mid-Autumn Festival for children, but this year the epidemic has made the purchase power decreased significantly. Up to this point, the purchasing power has reached 40-50% of the figure of the previous years”, said Nguyen Thi Huu Tuyet, owner of Tuyet toy shop by Dam Market.
The owner of Duc Hanh toy shop (in Nguyen Thai Hoc Street), toys for this Mid-Autumn season are mainly domestically produced with slight decrease in price. A lantern sees about VND5,000 decrease in price.
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Vo Dinh Dung - Director of Co.opmart Nha Trang said that 100% of the Mid-Autumn lanterns the supermarket is selling are locally made, and 70 - 80% of other toys like supermen, princesses, set toys, etc. are Vietnamese goods. Although the purchasing power has decreased by more than 30% compared to the previous year, but most customers choose to buy Vietnamese toys this year. “I prefer to choose domestic-made toys, especially traditional Mid-Autumn lanterns for my children on this occasion. Because nowadays, many domestic companies are able to produce lanterns with beautiful designs with brilliant colors, quality not inferior to imported goods but reasonable prices ”, a buyer named Dang Phuong Thao in Vinh Hai Ward, Nha Trang City shared.
According to Nguyen Hoai Son - Director of Bureau of Standards, Measurement and Quality, as a unit managing the quality of children's toys in the province, the bureau recommends consumers to buy toys have been certified and stuck with CR mark and fully labeled according to regulations. For imported toys, they must have auxiliary label in Vietnamese with information about product name, importer, origin, warnings, instructions for use, etc. In particular, consumers should pay attention to warnings for products that are not used for children under 3 years old.
The provincial Market Management Department is implementing a plan to inspect and control the market before, during and after the Mid-Autumn Festival 2020, including children's toys. From September 23 to September 25, the Market Management Team No. 1 has checked a number of toy shops in Nguyen Thai Hoc Street and Vinh Hai Market about origin, invoices, labels, product certification, prices... Initial inspection results show that most establishments have well observed the provisions of the law on trading in children's toys. The team will continue to inspect children’ toys from now until October 15.
Mai Hoang
Translated by T.T
