The Hanoi Department of Finance tightened its market management as partof its efforts to stabilise prices, curb inflation and ensure thesupply of essential goods until the end of the year and the up-comingLunar New Year in early 2014.
Accordingly, the Department ismonitoring price movement for essential commodities and services such asfood, foodstuff, sugar, medicine, oil and gas, fertilizer, cattle-feedand transport service.
Based on its investigation, theDepartment will propose the municipal People’s Committee for takingnecessary measures to stabilise the market, while increasing commoditystorage to meet consumption demands.
The city also gave suitable assistance to enterprises, by providing zero-interest loans upto 318 billion VND (roughly 15 million USD) for them to stabilise pricesof essential goods between July 2013 and April 2014.
Enterprises which join the price stabilisation programme must sell goodsat prices as committed and can only increase prices if approved by theDepartment of Finance with adjustments within 10 percent of the marketprice.
This year’s programme aims to give priority toindustrial parks, low-income residential and remote areas with the focuson providing clean and high-quality food for consumers.
Thecity authorities also plan to organise about 38 trade fairs at 16suburban districts and other 400 mobile goods outlets to providesubsidised goods to local consumers.-VNA
Accordingly, the Department ismonitoring price movement for essential commodities and services such asfood, foodstuff, sugar, medicine, oil and gas, fertilizer, cattle-feedand transport service.
Based on its investigation, theDepartment will propose the municipal People’s Committee for takingnecessary measures to stabilise the market, while increasing commoditystorage to meet consumption demands.
The city also gave suitable assistance to enterprises, by providing zero-interest loans upto 318 billion VND (roughly 15 million USD) for them to stabilise pricesof essential goods between July 2013 and April 2014.
Enterprises which join the price stabilisation programme must sell goodsat prices as committed and can only increase prices if approved by theDepartment of Finance with adjustments within 10 percent of the marketprice.
This year’s programme aims to give priority toindustrial parks, low-income residential and remote areas with the focuson providing clean and high-quality food for consumers.
Thecity authorities also plan to organise about 38 trade fairs at 16suburban districts and other 400 mobile goods outlets to providesubsidised goods to local consumers.-VNA
