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Economics

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To ensure the stabilization of textbook market in 2021-2022 school year

In the 2021-2022 school year, the selling price of textbooks, notebooks and school supplies will be reduced by 10 - 15% compared to the market price on the principle that enterprises will not suffer losses. Units involved in stabilizing the organization of the distribution system from the province’s district, town, and cities to other establishments in the province.

A local textbook seller

10-15% discounts

In the academic year of 2021-2022, the whole province had 4 enterprises participating in market stabilization including Binh Duong Book and Educational Equipment Joint Stock Company, Binh Duong Culture & Trade Joint Stock Company, Book Publishing Joint Stock Company of Ho Chi Minh City - Fahasa and Post Office of Binh Duong Province. The total value of stabilized commodity reserves from April 2021 to the end of November 30, 2021 including the second semester of the 2021-2022 school year is VND 108.3 billion.

Regarding the stable sales place, Binh Duong provincial Department of Education and Training will preside over and coordinate with Department of Industry and Trade, relevant departments and the People's Committees of districts, towns and cities to direct the education and training divisions. Most companies participating in stabilizing textbook market have made the selection of schools in the area to sell. The total number of registered selling locations is 331 including 146 locations of Binh Duong Book and Educational Equipment Joint Stock Company, 31 of Binh Duong Culture & Trade Joint Stock Company, 4 of Book Publishing Joint Stock Company of Ho Chi Minh City - Fahasa and 150 of Post Office of Binh Duong Province

According to Do Thi Nu, Deputy Director of Binh Duong Book and Educational Equipment Joint Stock Company, in order to promptly meet the needs for the new school year, the company has planned to import books in early April 2021. The company has proposed disbursement period in April 2021 and payback stage of December 31, 2021. The Company committed to avoid the shortage of books and book scarcity at peak time, ensuring that 100% of students have enough books to go to school and strictly comply with the selling price approved by Binh Duong provincial Department of Finance. For textbooks and supplementary books, 10% off cover price is offered. For notebooks and school supplies, 15% off from market price is offered.

To offer beneficiary conditions for parents and students

According to Do Thi Nu, the school year 2020-2021 is the first year of changing textbooks, Education Publishing House has assigned Phuong Nam Education Development and Investment Company in District 10 of Ho Chi Minh City to coordinate with Binh Duong provincial Department of Education and Training to supply grade 1 textbooks and educational products of Education Publishing House in Binh Duong. By the implementation, there has been a shortage of textbooks grade 1 of the Education Publishing House in the province. This has made it difficult for parents and students, especially students in remote areas. The company sent a document to Binh Duong provincial Department of Education and Training, presenting the advantages and disadvantages of publishing textbooks in the area.

The 2021-2022 school year, to help parents and students in the province easily access the official policy resources of Vietnam Education Publishing House in the manner of anytime, anywhere, and at the same time enjoy preferential policies of Binh Duong Book and Educational Equipment Joint Stock Company has also proposed leaders of Binh Duong provincial Department of Industry and Trade and Department of Education and Training to consider assigning the company to be the focal point to issue textbooks and supplementary books of the Vietnam Education Publishing House for grades 1, 2, and 6 to schools in Binh Duong province; the company is fully committed to have full capacity to undertake the textbook distribution of the 2021-2022 school year and the following years in the province. “This will avoid the scarcity of products and monopolies in the province; the stabilization programs bring practical meaning to offer parents and students books at any time at preferential prices in the province. The company commits to avoid the shortage of books and book scarcity in the area,” said the leader of Binh Duong Book and Educational Equipment Joint Stock Company.

At the meeting on the implementation of the textbook stabilization program, Phan Thi Khanh Duyen, Deputy Director of Binh Duong provincial Department of Industry and Trade acknowledged the opinions and recommendations of enterprises, especially the proposal of the Vietnam Publishing House to assign a focal point in Binh Duong to publish books and support funding for the publication of supplementary books in order to well implement the work of stabilizing the textbook market in the new school year of 2021-2022. According to the plan, in 2021, the province will support 2 enterprises to borrow 0% interest rate preferential loans at the amount of VND 40 billion.

Reported by Tieu My – Translated by Vi Bao

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