JavaScript is off. Please enable to view full site.

Rose price spikes ahead of Valentine’s Day in Ho chi Minh City

Rose price spikes ahead of Valentine’s Day in Ho chi Minh City

Sunday, February 13, 2022, 16:46 GMT+7
Rose price spikes ahead of Valentine’s Day in Ho chi Minh City
Florists make bouquets of different flowers for sale on the Valentine's Day occasion. Photo: Nhu Binh / Tuoi Tre

Valentine’s Day finally regains its normal bustling atmosphere in Ho Chi Minh City since people are willing to pay despite the huge surge in prices of roses, go-to gifts for the romantic day.

This year’s Valentine’s Day comes over a week after Tet (Vietnamese Lunar New Year), which explains why demand for roses has spiked up 40 percent over the same period last year, florists said.

“Last year's Valentine's Day occured at nearly the same time as Tet; however, the economic slump caused by the COVID-19 pandemic pulled the demand low,” recounted Phuong, manager of the Dalat Hasfarm flower shop on Hai Ba Trung Street in District 1, Ho Chi Minh City.

“This year is a different story.”

People started pre-ordering roses as gifts for Valentine’s Day early this week, Phuong added.

“Customers are not afraid to spend millions of Vietnamese dong for bouquets which are in trendy colors and attractive presentations,” she said.

Many flower shops had to enhance their workload and deploy more staff to make available varied options in both price and style for customers.

Many flower shop owners said it could cost buyers VND800,000-1,200,000 (US$35-53) for a beautiful bouquet of flowers this year.

Roses presented in heart-shaped models, the most iconic, are sold at VND2.5-4 million ($110-176) each bouquet, depending on size and the accessories included, florists said.

Ngoc, manager of a flower shop near Thi Nghe Market in Binh Thanh District, said consumers have to pay higher for beautiful bouquets, compared to last year.

“I see much larger increases in the wholesale cost, which ranges from VND280,000 [$2.3] to VND350,000 [$15.4] for a bunch of roses, while roses of the poorest quality fetch VND250,000 [$11],” Ngoc said. 

Red roses see the biggest jump in price when peaking at VND22,000 ($0.97) for a branch on this special occasion, while they were priced at VND16,000-18,000 ($0.71-0.79) on normal days.

“Some kinds soar as high as the imported roses, which has never been seen before,” Ngoc emphasized.

In dealing with the rose shortage, shops have proactively introduced different alternatives, in which orchids, peony, tulips, daisies, and ravenala are decorated along with chocolate boxes and heart-shaped patterns in Valentine’s Day designs.

In the meantime, increasing demand for souvenirs, high tech gadgets, jewelry, cosmetics, and cakes as gifts also elevates purchasing power prior to Valentine’s Day.

Many stores have offered their promotions, lasting up until International Women's Day, due on March 8.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Nhu Nguyet - Nhu Binh / Tuoi Tre News

More

Read more

Seeing Saigon on two wheels

A group of young people in Saigon are offering a different perspective on the city with their two-wheeled tours

3 days ago
;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news