Southern hub realizes market stabilization programs for 2018

Friday, 06/04/2018 16:31
Standing Deputy Chairman of Ho Chi Minh city People’s Committee Le Thanh Liem recently signed a Decision carrying out two market stabilization programs for 2018 and Lunar New Year 2019.

Photo for illustration

Accordingly, the programs have 88 enterprises involved, including 66 manufacturers and 12 credit institutions, with the volume of stabilized goods increasing about 15-30% from the plan of 2017.

Specifically, commodities to have prices stabilized include essential food and foodstuff, sugar, cooking oil, cattle, eggs, processed food, vegetable, seafood; items for new school year like notebooks, briefcase, backpack, bags, uniform, and shoes; and dairy products.

Essential pharmaceutical products include 21 groups of medicine with 176 active elements and 383 items.

The programs will be implemented by socialized capital source. Enterprises were urged to use their own capital, loans from credit institutions with suitable limits and interest rates.

They took effect from April 1st, 2018 and will end on March 31st, 2019./.

 

BTA

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