Commodity prices in Ho Chi Minh City gradually stabilize

Ensure stable commodity prices

Since the beginning of the year, commodity prices in Ho Chi Minh City have fluctuated due to increased input material prices and high transportation costs. Prices of some essential goods such as pork and rice have been adjusted to increase according to general market developments.

Ms. Tran Kim Nga - Director of External Relations of MM Mega Market Co., Ltd. - said that in the context of economic difficulties, people have tightened their spending. Enterprises still maintain stable prices and focus on essential consumer goods. At the same time, there are promotional programs, focusing on the enterprise's own brands.

Similarly, Ms. Le Thi Tuyet Mai - Communications Director of P&G Vietnam Company - said that the market purchasing power in the first months of the year is increasingly positive. "The coming time is the shopping season, especially with the stimulus programs of the Department of Industry and Trade of Ho Chi Minh City. We bring many essential, quality products with attractive incentives to more consumers. Hopefully, purchasing power will be even better" - Ms. Mai said.

Supermarket chains in Ho Chi Minh City such as Saigon Co.op, SATRA, Go!, Big C... have also proactively implemented price stabilization measures, helping consumers ease their spending burden during difficult economic times. "The prices of essential goods at our retail system are always stable because we guarantee the supply of goods and sign long-term contracts in advance. We coordinate with suppliers to implement promotional programs, directly discounting more than 50% or giving away products focusing mainly on 200 Da Lat vegetables and fruits, chemical products, technology, household appliances and clothing in the concentrated promotion program" - Mr. Nguyen Ngoc Thang - Deputy General Director of Saigon Co.op - said.

No unreasonable price increases

According to Mr. Nguyen Nguyen Phuong - Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, the city's leaders advocate organizing and calling on manufacturers and price stabilization businesses to participate in sharing the financial burden with consumers. This is also an opportunity to stimulate consumption, promote production and business in the context of weak purchasing power, contributing to economic recovery and development.

Regarding price control programs in Ho Chi Minh City, Mr. Nguyen Van Dung - Vice Chairman of Ho Chi Minh City People's Committee - commented that when Ho Chi Minh City's economy is gradually recovering, through the market stabilization program, people can access many essential goods at stable prices and contribute to promoting production and consumption.

At the same time, ensure that the consumer market in the city is maintained stable, and people's purchasing power is increased in the coming time to achieve the growth target of Ho Chi Minh City.

A representative of the Ho Chi Minh City Statistics Office said that the city continues to promote consumer and tourism stimulus with the support of many units. Many essential goods are deeply discounted, ensuring quality, attracting many people to shop. Ho Chi Minh City also strongly directs districts to always closely follow the situation, businesses to stabilize the market are always ready to supplement local shortages, not to let supply and demand imbalance, ensuring smooth supply, circulation, distribution of goods... in all situations.

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