HCMC – HCMC has launched a market stabilization program for the upcoming Lunar New Year holiday. The program attracts the participation of 45 businesses which pledge to supply goods at softer prices with a combined value of VND22,000 billion.
This program features many reputable local companies that specialize in providing essential staples and food products. Out of the program’s total goods value, consumer goods will account for VND8,500 billion.
Under the program, a substantial quantity of consumer goods will be supplied to the market each month. This includes approximately 7,000 tons of rice, 2,000 tons of sugar, 1,000 tons of processed food, 2,000 tons of cooking oil, 10,000 tons of vegetables and fruits, 6,000 tons of cattle, 8,000 tons of poultry, and 200 tons of aquatic products.
Participating enterprises have devised distribution plans and established flexible sales points to cater to areas with high demand, ensuring a stable supply of goods throughout the Lunar New Year holiday period.
Given the 80% surge in goods transported to the city’s three wholesale markets leading up to the Lunar New Year, compared to regular days, the Department of Industry and Trade will collaborate with neighboring localities and market management authorities to closely monitor the volume of goods.
This approach aims to guarantee an ample supply of goods and maintain stable prices during this important holiday season.
