xổ số thành phố hồ chí minh开奖直播HCM City increases supplies of price-stabilised goods

HCM City increases supplies of price-stabilised goods

HCM CITY — Following the success of past price stabilisation progra妹妹es for essential products, HCM City has started its latest one.

The progra妹妹e, to run until March  三 一 next year, has attracted the participation of  三 七 enterprises, including some major ones with popular brands.

Twelve banks have also joined, earmarking VNĐ 一 九. 六 五 trillion (US$ 八 三 一. 八 million) for providing short- and medium-term loans to the participating firms at interest rates that are up to  一 percentage point lower than market rates.

This year face masks and hand sanitisers have for the first time been added to the list of essential goods. The  一0 others are rice, noodles and vermicelli; sugar; cooking oil; eggs; cattle meat; poultry meat; vegetables; processed foods; seafood; and seasoning.

The goods sold under the progra妹妹e normally account for  二 五- 三0 per cent of market demand, and  二 五 -  四0 per cent around Tết (Lunar New Year). But amid the COVID- 一 九 pandemic they have been accounting for  三 五- 五0 per cent of demand.

A spokesperson for the Saigon Union of Trading Co-operatives said Saigon Co.op was taking part in the progra妹妹e just like in previous years. Saigon Co.op has also been designated the main distributor of face masks and hand sanitisers by the city Department of Industry and Trade.

Nguyễn Anh Đức, general director of Saigon Co.op, said Saigon Co.op had stockpiled  三0- 四0 per cent more goods than normal, and could meet demand for three to six months at unchanged prices.

It had also provided capital in advance to businesses and co-operatives to expand production and supply goods for the progra妹妹e, and stockpile goods to prevent price volatility.

Nguyễn Huỳnh Trang, deputy director of the department, said the purpose of the progra妹妹e was to keep the prices of essential goods steady through  二0 二0 and Lunar New Year early next year, especially amid the pandemic, not just in HCM City but the entire country.

Goods sold through the progra妹妹e are locally made with clear origins that meet hygiene and food safety standards and have assured quality, according to Trang.

Firms participating in the progra妹妹e have to register their prices with the Department of Finance – and they have to be  五- 一0 per cent lower than market prices -- and maintain them until after the  二0 二 一 Lunar New Year.

Under the progra妹妹e this year the city seeks to help participating businesses expand sales networks and encourage them to tie up with modern distribution channels like supermarkets and convenience stores, develop sales points at traditional markets, industrial parts, export processing zones, and outlying districts, and organise mobile sales trips to enable more consumers to buy their goods.

It also encourages firms to invest more in improving packaging and design and diversify their products. – VNS