The People’s Committee of Ho Chi Minh City has asked enterprises participating in the price stabilisation programme to increase the amount of goods in the market this year.
HCM City aims to prevent a scarcity of commodities and higher prices amid the Covid-19 epidemic (Source: VNA)
HCM City (VNA) – The People’sCommittee of Ho Chi Minh City has asked enterprises participating inthe price stabilisation programme to increase the amount of goods inthe market this year.
Businesses will participate in pricestabilisation of 10 commodity groups including rice, instant noodles, driednoodles, RE and RS sugars, cooking oil, cattle meat, poultry meat, poultryeggs, processed food, vegetables, seafood and spices.
The stabilised goods have prices 5-10 percentlower than the market price. The annual market stabilisation programmestarts on April 1 and finishes at the end of March 31 next year.
It is expected that in normal months, theseprice-stabilised goods account for 25 -30 percent of market demand and inthe last months of the year, they account for 30 -40 percentof market demand.
According to the plan, each month businesseswill provide at least 2,553 tonnes of food, nearly 48 million poultry eggs,1,345 tonnes of sugar, 486 tonnes of processed foods, 715 tonnes of cookingoil, 4,930 tonnes of vegetables and fruits, 4,019 tonnes of animal meat, 123tonnes of seafood, 9,062 tonnes of poultry meat and 423 tonnes of spices.
In coordination with the city government, andto stabilise supply and demand to respond urgently to the impact of theCovid-19 epidemic, businesses said they were ready to supplyan additional 30-40 percent of goods compared with the originalplan./.
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HCM City aims to prevent a scarcity of commodities and higher prices amid the Covid-19 epidemic (Source: VNA) 
