Vegetable prices surge across Ho Chi Minh City traditional markets

Vegetable Prices Surge in Ho Chi Minh City Markets

Vegetable prices at traditional markets in Ho Chi Minh City have surged, with some items rising 5,000 to 10,000 dong per kilogram in the past month.

Cucumbers now sell for 20,000 to 30,000 dong per kilogram, while potatoes start at 35,000 dong and tomatoes reach 20,000 dong. Scallions and bok choy have both climbed to 30,000 dong per kilogram, while pennywort is now priced at 20,000 dong.

At the Thu Duc wholesale market on Monday, cucumbers and scallions each rose 5,000 dong per kilogram, reaching 17,000 and 30,000 dong respectively, the market officials said.

Heavy rain in recent days has reduced harvests, cutting the volume of vegetables delivered to markets and pushing prices higher. Leafy greens and herbs respond quickly to weather changes, causing sharper price swings than tubers and fruits with stable supply.

At Hoc Mon wholesale market, cassava jumped from about 10,000 dong to 18,000 dong per kilogram, while winter melon and Da Lat white radish also increased.

Singapore Warns on Seafood Import Declarations

Singapore Customs has warned traders and importers to ensure accurate import declarations for seafood, fruits, and vegetables after detecting under-declared values. Over three years, the shortfall in Goods and Services Tax from under-declaration is estimated at about 1.4 million Singapore dollars.

Vietnam's Trade Office in Singapore advises exporters to discuss with importers the requirement to declare the true value of goods and also comply with import permits.

In August 2026, Vietnam's seafood exports to the United States fell 11.4 percent to 167.74 million dollars from a year earlier. In the same month, European Union shipments dropped 1.6 percent to 749.9 million dollars on weaker shrimp and tuna demand.

China and Hong Kong contributed more than 508 million dollars during this period, accounting for about 60 percent of the sector's overall export growth in value.

Year-end holiday demand and restocking are expected to support exports, but trade policy and increasingly strict traceability rules may limit growth. Singapore Customs encourages traders to actively review all past import transactions and promptly make voluntary disclosures if they find shortfalls.

Global Retailers to Source at Ho Chi Minh City Expo

Walmart, IKEA, and more than 400 global buyers will come to Ho Chi Minh City for the HCM CITY EXPORT 2026 fair from October 22 to 24.

The event will be held at WTC Expo in Binh Duong ward, featuring more than 750 booths over 13,380 square meters. Other multinational retailers such as Decathlon, Columbia, REI, and GlobalSources will also attend the sourcing event in Ho Chi Minh City.

Mr. Le Minh Trung, Acting Director of the Technical Support and Sustainable Development Center, shared the information at a conference on September 21 in Ho Chi Minh City.

The fair focuses on key Vietnamese sectors including textiles, footwear, agriculture and food, wood products, handicrafts, home appliances, and supporting industries. Support services such as logistics, testing, banking, insurance, and cross-border e-commerce will also participate to optimize these global supply chains.

The Federal Reserve raised its target rate by 25 basis points to 3.75-4 percent in September, its first hike since 2023. Vietnam also officially joined FTSE Russell's emerging market indices, a milestone marked by the Ministry of Finance on September 18.