City aims to stabilise more prices

Read the original news 

VietStock FI English - 33 month(s) ago 3 readings

Pharmaceutical products, powdered and liquid milk, and student stationery will be added to the HCM City price stabilisation programme for this year and the next Tet (Lunar New Year festival), according to decisions signed last week by Nguyen Thi Hong, Deputy Chairwoman of HCM City People's Committee. Customers shop for goods at Co.opMart supermarket in HCM City. The city's price stabilisation programme this year will include pharmaceutical products, powdered and liquid milk and school stationery

Customers shop for goods at Co.opMart supermarket in HCM City. The city's price stabilisation programme this year will include pharmaceutical products, powdered and liquid milk and school stationery

This year's price stabilisation programme will last from 1 April 2012 until 31 March 2013.

Powdered milk for children, pregnant women and fortified milk products will be included under the programme.

The decision follows last year's price stabilisation programme that ended on 31 March 2012. It aimed to stabilise prices of nine groups of essential goods – rice, sugar, cooking oil, livestock meat, poultry meat, eggs, processed food, vegetables and fruits, and aqua-products.

Fragrant and jasmine rice have been added to the rice group in this year's programme, as have 13 groups of locally-manufactured pharmaceutical drugs used to treat popular and chronic diseases.

According to Le Ngoc Dao, Deputy Director of HCM City Department of Industry and Trade, the volume of goods under this year's programme will account for 25 to 50 per cent of the supply of these goods in the market, increasing by 15 to 30 per cent compared with last year.

Dao said 49 enterprises have joined the programme to sell the four new categories of goods added to this year's list. Some pharmaceutical and dairy firms have declined the interest free loans that are offered by the programme.

Despite the increase in the number of enterprises joining the programme, loans provided by it have dropped to VND332 billion (US$16 million), VND104 billion lower than last year, Deputy Chairwoman Hong said.

She said goods sold under the programme must comply with quality, safety and hygiene standards and the programme must be in line with the "Vietnamese consuming Vietnamese goods" programme.

Goods under the programme must be sold to all customers, especially residents in remote areas and workers at export processing zones and industrial parks, she said.

There is no comment

Please Sign up or Login to comment.

Top page