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Economics

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Five enterprises participate in market stabilization program in 2018

 

On November 21, Department of Industry and Trade together with relevant departments and businesses agreed on market stabilization plan for essential goods in 2018 in the province.

Accordingly, goods include: Food (rice, sticky rice); Processed foods (sugar, milk, sweeteners, cooking oil, sauces, beverages, confectionery); fresh food (meat, poultry, chicken eggs, duck eggs, vegetables, fruits); Petroleum products, medicines for human.

Market stabilization areas are concentrated in northern districts and industrial zones. Locations of selling stabilized goods must be in densely populated areas, such as in commune centers or inter-communes to ensure the sale of many goods to serve many people, and at the same time enough revenue for enterprises to organize periodical goods sales, it is not necessary to select multiple locations. Participating in the plan in 2018 are 5 enterprises, including: Ho Chi Minh City Cooperative Trade Alliance (Binh Duong Coop); EB Binh Duong Company (Big C); Binh Duong Branch - Vincomerce General Trading Service Joint Stock Company; Lotte Vietnam Company in Binh Duong; Dong Hung Aeon Company (Citimart).

Participants of the market stabilization program must focus on seriously goods stockpiling and sales in accordance with the plan promulgated by the provincial People's Committee. Stockpiles to stabilize the market must ensure quality, are provided by domestic producers; ensure expiry date. The plan focuses on goods stockpiling and stabilizes prices from the date of plan issuance to the end of April -2018 and then continues to be implemented in the remaining months of 2018.

Reported by Tieu My – Translated by Ngoc Huynh

 

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