1. Selling Fresh Flowers
This is an indispensable demand in every family during Tet, as flowers serve as decorations and carry profound meanings. Therefore, flower business during Tet is the choice of many.
However, to do business in this field, you need to know where to source your flowers, pre-order because during Tet, flowers may be in high demand, understand how to preserve them to prevent damage. You should also research the surrounding market to see which types of flowers are popular. In rural areas, expensive flowers should be imported in small quantities because the demand for them is not high. Typically, popular flowers during this period include Roses, Lilies, Daisies, Carnations, and Chrysanthemums...
Selling Points: You can contact and choose selling points at markets or shops along main roads. In rural areas, you can sit next to other vendors. In urban areas, you may need to rent a spot.
Expected Capital: You only need money to buy flowers, so buy in moderate quantities for easy sale and preservation, avoiding long-term storage which can lead to spoilage. Expected capital is around 5 to 10 million VND.
2. Selling Fruit Flowers for Ancestor Worship
Every household's ancestral altar will need to prepare fruit offerings following Vietnamese Tet customs. Typically, the tray of five fruits is essential, so the demand for purchasing various fruits is usually high. They are practically present in every home. You can import fruits such as pomelo, orange, banana, mandarin, Buddha's hand, and persimmon, which are the most common types.
You also need to pay attention to timing to ensure that the fruits you import for sale are attractive and eye-catching. Proper preservation methods are essential because these are perishable products.
Location: You should seek places to buy near local markets.
Estimated capital: Around 10 to 15 million dong. Allocate an additional 3 to 5 million for popular varieties. Once you sell out each batch, you will have revolving capital.
3. Selling countryside specialties
Every rural area has its own specialties such as Coconut Candy from Ben Tre, Carp Fish in Vinh Phuc. Selling these items during Tet is also a good idea. If you have local specialties available, dare to start a business; you might make a lot of profit.
However, you need to pay attention to product promotion and market research. You can also find distribution channels depending on your choices.
Location: You can sell directly at local markets or combine with online sales.
Estimated capital: Around 10 to 15 million dong. This applies to low and medium-priced specialties. High-value items require more capital. Consider expanding into urban areas where rural specialties are highly sought after.
4. Selling square sticky rice cakes, pork pies, and cylindrical glutinous rice cakes
If in urban areas, concerns about the quality of food are increasing, if you have relatives or friends who introduce clean, homemade places, you will surely attract a large number of buyers. In rural areas, many families, busy parents working far away until just before Tet, don't have time to prepare, so going to a store or market to buy pre-made cakes is obvious.
To sell more, ensure the quality and price of your products, and make sure you have the products ready when customers need them.
Location: At local markets or online
Estimated capital: From 3 to 5 million dong, as most households already have rice, you only need to buy additional ingredients and transportation fees.
5. Selling decorative plants for Tet
If you have a large capital, you can certainly invest in decorative plants for Tet. With proper planning, you can earn significant profits from this product. You can sell various types of plants such as Peach Blossoms, Ochna integerrima, Kumquat Trees, and Apricot Blossoms. These are the most popular types, and the average prices for them are not too high.
It's important to start selling as early as possible, but you need to be smart and have reasonable business strategies to avoid inventory backlogs. If necessary, you can reduce prices to ensure all your stock is sold.
Location: Choose spacious areas along main roads with high foot traffic.
Estimated Capital: Around 40 to 50 million VND, including transportation costs. It's advisable to import a slightly larger quantity, around several dozen plants each time, to offer customers a variety of choices.
6. Selling Snacks
During Tet days, snacks are indispensable for every family. You can import sunflower seeds, pumpkin seeds, cashews, Tet jams, and sell them because almost every family cannot be without these items.
Location: Besides selling directly, you can also sell online through the internet, on forums, which is very convenient and saves effort. You should pay attention to the quality of the products when selling these types of snacks.
Estimated Capital: Around 3 to 5 million VND.
7. Selling Gold Items
Undoubtedly, a quite popular item during this time is gold items. According to Vietnamese spirituality, Tet is also a time to invite ancestors back, requiring preparation, clothes, and money for the deceased in the hope that they are well-off in the afterlife.
You can find suppliers readily available; there's no need to worry because there are already sellers in the market, with a wide market where thousands sell and tens of thousands buy, you can rest assured.
Location: You can rent a short-term store at markets or temple entrances.
Estimated Capital: Around 10 to 15 million VND including the rental fee.
8. Selling tea, coffee
This is a beverage that cannot be missed in every household, especially with products of good quality such as Thai Nguyen tea, which can be used as gifts. You can inquire and find a reliable source for imports.
Location: This is a compact item you can sit next to some customer stalls if you don't rent a small place, but make sure it's clean. You can also sell online.
Expected Capital: 5 to 8 million VND.
9. Selling Liquor
For this item, there's no need for much introduction because not only during Tet but also on regular days, the consumption for this type is quite high. You can contact some places with distinctive liquor types like Hà Giang, for example. With its well-established brand and reputation, it surely attracts buyers. You need to proactively contact the source of imports beforehand and ensure the quality of the liquor.
Location: Sell directly at the marketplaces, combine with online selling.
Expected Capital: The capital for this business is relatively small. You can import a certain amount because if the liquor doesn't sell out during Tet, it can still be sold later. Capital ranges from 15 to 20 million VND including transportation costs.
10. Selling Lucky Money Trees
If you're skillful, you can make lucky money trees to earn money this Tet 2020. Lucky money trees, symbolizing prosperity and luck, are highly favored by families during Tet.
You can also consider Tet business ideas with dried flowers or homemade artificial flowers made from paper, crystal, and especially, in the past 2 years, money trees made from real money have become the best-selling Tet item. Many families decide to buy artificial flowers instead of real ones to keep them longer, even to play from one Tet to another without worrying about withering.
Location: Flower markets, Tet ornamental tree markets
Expected Capital: 2 to 4 million VND
11. Cosmetics
For this product, it's best to sell online and introduce it to friends and family, as you're only focusing on selling during Tet. The demand for beauty products during that time is certainly high for gatherings and festivals. You need to promote the product beforehand to establish habits and understand popular items.
Location: Direct sales, online sales
Expected capital: Since it's online selling, you can choose to stock up beforehand or order when customers place orders. It's entirely up to you. You should also prepare from 3 to 5 million dong for backup.
12. Selling Tet Decorations
If you're unsure what to do for Tet, selling decorations is a great idea. During Tet, the demand is high as almost every family wants to spruce up their homes with lucky money envelopes and decorative items, especially for decorating peach blossoms and kumquat trees to make them sparkle and shine, adding color to their homes.
Tet selling items to meet that demand include lucky strings, decorative items for peach and kumquat trees, tinsel, lanterns, flashing lights, balloons... Transferring from the old year to the new, everyone wishes each other good luck with lucky money envelopes, hoping for more luck and prosperity. Therefore, the demand for lucky money envelopes is also very high during the Tet season, which is a Tet business idea that you can combine with decorations.
Location: For sourcing, you can order from Chinese websites, wholesale lucky money envelope suppliers domestically, or purchase from online shopping websites like Muachung, Nhommua…
Expected capital: Unlike the other types of items, Tet decorations do not expire, so you should prepare various models about 1-2 months in advance, rather than waiting until Tet to search and collect, which will be very rushed. You should prepare from 3 to 5 million dong.
13. Selling Real Money Trees
Real money trees are an incredibly popular item to sell during Tet, and you can definitely still do business with this Tet item without worrying about leftovers. The selling price of a real money tree is about 500K, with a profit of around 300K per tree after deducting expenses. If you're willing to put in the effort, you can make tens of millions of dong in profit each Tet season.
These real money trees are entirely handmade. The materials for making money trees include real money, plastic tubes, steel wire, gold-plated copper wire, and some other decorative items. With spiritual significance, real money trees mainly come in 2 types: one called 'little God of Wealth' made from 39 bills and the other made from 79 bills called 'big God of Wealth'. The choice of bills and colors must convey both the meaning of wealth for the new year and be harmonious and eye-catching. The red color of the 500 or 10,000 bill represents luck, the green color of the 5,000 bill represents freshness combined with the yellow color of the steel wire bending around the trunk and branches symbolizing wealth.
Location: Selling directly, selling online
Expected capital: Since it's selling online, you can choose whether to import goods beforehand or only when customers place orders. It's entirely up to you.
14. Selling Dong Cao Chickens
Since ancient times, Dong Cao chickens have been considered rare and precious items, used as offerings to kings, nobles, and the upper class. On average, a Dong Tao chicken can cost up to a million dong, with some pairs weighing around 10 kilograms fetching 4 million dong. Moreover, a male Dong Tao chicken with dragon-scale legs can command prices as high as 50 million dong from wealthy enthusiasts.
Location: Rural markets, Tet markets
Expected Capital: Around 10 to 15 million dong
15. Worship Items Business
Tet Nguyen Dan is the time when everyone is busy shopping for essential items to decorate their homes. Among them, the altar is a place that requires careful attention when choosing items because it carries a lot of spiritual significance. For this reason, consumers tend to spend generously and negotiate less when shopping. For businesspeople, this is a fantastic opportunity to profit. With worship items, you can do business during Tet with products such as altar smoke guards, incense, golden leaf branches, scented candles, altar utensil sets, and fruit trays.
Location: Rent a short-term store at markets or temple gates.
Expected Capital: From 10 to 15 million dong, including rental costs.
16. Foreign Lucky Money, Imported Goods Business
This Tet season, you can also choose to sell foreign lucky money, imported goods to make money. As Tet approaches and the spring comes, lucky red envelopes that bring luck for the new year are indispensable. In addition to lucky red envelopes and lucky coins made of silver and gold, unique coins such as dollar coins, Australian dollars, 2-dollar coins, Indonesian coins, and Costa Rican coins are very attractive for trading and exchanging.
Trading in imported alcohol, fruits, and confectionery is also a bustling market during Tet. With the perception that imported goods are of better quality and more luxurious, many people order imported goods for personal use or as gifts for friends and relatives. Boosting the sale of imported goods at the end of the year will yield significant profits.
Location: Selling directly, selling online
Expected Capital: Around 10 to 15 million dong. Allocate an additional 3 to 5 million for popular items, and as you sell out each batch, you'll have revolving capital.
17. Selling Pomelo, Ornamental Orange
Even though Tet is still more than a month away, premium Diễn pomelos are already sold out right from the orchards. However, it's difficult to distinguish the genuine Diễn pomelos just by looking at the label. Genuine Diễn pomelos typically have smooth, deep yellow skin, glossy and not rough, and feel firm when held.
The countryside specialty Cam Canh is attracting customers: Among the countryside specialties used as Tet gifts this year, Cam Canh oranges are a must-have, a product that isn't always available even if you have money. Besides Cam Canh oranges, Hàm Yên tangerines are also a popular choice during Tet, priced at around 20-25K/kg, almost suitable for all customer demographics.
Location: You should inquire about places near market areas.
Estimated Capital: 2 to 5 million VND.
18. Selling Handcrafted Clean Foods
This is the best-selling item for Tet for you. Today's busy and hectic lifestyle has led many people to choose ready-made food items. Moreover, the issue of food safety and hygiene when packaged goods have unclear origins or use too many additives, preservatives, or incorrect ingredients as stated on the packaging, labels is a concern for the community... So homemade products - or so-called homemade foods - have become a consumption trend in recent years.
Location: Selling Online
Estimated Capital: 3 to 5 million (Rotate capital or make to order for customers)
19. Selling Matches, Salt, Lighters for New Year's Eve
According to folk belief, buying salt at the beginning of the year brings luck, richness, and drives away negativity. Buying a lighter on the first day of spring brings warmth, prosperity, and good fortune for the year.
On New Year's Eve, many people gather on the streets to welcome the moment of transition from the old year to the new one. With such a large number of people, along with the auspicious meaning of the early blessings, these items will undoubtedly help many of you earn a decent amount of money.
Location: Temples on New Year's Eve
Estimated Capital: 1 to 3 million VND to buy rice, salt, matches, and bags.
20. Home and Pet Sitting Service for Tet Holidays
With the Tet holiday often extending up to 9 days, many people hope to make the most of this time by spending it with family somewhere for added comfort and closeness after a busy year of study and work. However, they are often uneasy about being away for so long, especially concerning their pets (such as dogs, cats, etc.). In such cases, the idea of hourly and daily house sitting services becomes highly sought after.
Every spring, many urban families return to their hometowns to enjoy a good meal with their grandparents and parents, so the demand for hiring someone to take care of pets is essential. Recognizing this trend, you should devise the best business plan for yourself. Typically, during the days leading up to Tet, pet owners will search online for pet sitting services to entrust their pets with. This service will become even busier from around the 26th of the Lunar December onwards. Last year, many people made a good income with the trick of earning millions during Tet by volunteering to foster and care for pets during the Tet days.
Location: Post ads on various groups and social media.
Expected Capital: No initial capital required.
21. Feng Shui Gift Business
As the transition between the old and new year approaches, many young people have the desire to give their partners or relatives unique and meaningful gifts. Therefore, those skilled in crafting and eager to earn extra income before Tet can seize the opportunity to do business in handmade gifts.
Handmade items are diverse, including souvenirs, jewelry, wallets, keychains, stuffed animals, greeting cards, blankets, pillows, paintings, or small decorative items... A tip for you, designs based on zodiac signs or the 12 zodiac animals will surely attract customers at the beginning of the new year.
For materials to make handmade items for the Tet 2020 business, you can purchase them in areas around Hang Bo Street (Hoan Kiem, Hanoi), Dai Quang Minh Market, Kim Bien Market, Hoa Hoa Leather Market (Ho Chi Minh City).
Doing business in Feng Shui gifts at the end of the year is also a good idea, but it is only suitable for those with large investment capital, so consider carefully before making the final decision.
Location: Sell online
Expected Capital: Capital investment ranges from 5 to 10 million dong.
22. Opening Parking Lots for Tet
This is a way to make money on Tet day for you. On Tet days, people flock to festivals, go sightseeing, and do Tet shopping, which also means the season of parking lot management with the demand multiplying tens of times compared to normal days, presenting a business opportunity for young people without requiring too much capital.
With just a suitable location and adequate space, you can earn millions of dong every day from this lucrative service. However, since it involves personal property and during Tet when crowds are dense, unexpected incidents can easily occur, so be cautious in your business endeavors.
Location: In front of amusement parks, pedestrian streets, temples, etc.
Expected Capital: You will need to invest a certain amount to lease the parking lot in that area.
23. Selling Lucky Bamboo, Lucky Sugarcane
Lucky sugarcane is one of the most popular lucky plants during the transition to the new year. According to ancient beliefs, sugarcane symbolizes the harmony and connection between the two worlds, the yin and yang, allowing ancestors to celebrate the new year joyfully with descendants. Lucky sugarcane branches are indispensable items during Tet and people often visit temples and other places to buy these symbolic plants for luck throughout the year. Lucky sugarcane is used to light incense near the ancestral altar, symbolizing steadfastness and sweetness.
This is one of the best-selling Tet items, suitable for business at the end of the year or during the New Year's Eve.
Location: Sidewalks of crowded streets
Expected capital: From 3 to 5 million VND
24. Ticket Booking Service for Trains, Buses, and Flights
As the Tet holiday comes to an end, people start considering train, bus, and flight tickets to return to their normal lives and work. However, this period is incredibly crowded, and to buy tickets, you have to stand in long queues and wait for quite a while. Most people don't want to waste their time just standing in line. Therefore, the idea of a ticket booking service for trains, buses, and flights during holidays, especially during Tet, is always a highly profitable business with huge profits.
Location: Post ads on social networks, forums
Expected capital: From 2 to 5 million VND
25. Car Wash Service on Tet
As Tet approaches, the need to renovate and refurbish everything inside the house is a common requirement. This includes vehicles at home. They are not just means of transportation but also companions throughout the journey. Therefore, car washing service will be an indispensable way to earn money on Tet for you.
Location: Right at home if you have a spacious yard or rent a small space.
Expected capital: Only 1 million VND