Hanoi implements price stabilization program for essential goods in 2024

The Hanoi People's Committee has just issued Plan No. 185/KH-UBND on implementing the Price Stabilization Program for Essential Goods in the city in 2024.

The plan aims to ensure the balance of supply and demand of goods, stabilize the market and social security, and meet the needs of the people of the capital for essential goods during the rainy and stormy season, holidays and the Lunar New Year 2025.

The groups of goods and the quantity of goods that need to balance supply and demand include: rice, pork, chicken, duck, seafood, poultry eggs, processed foods, vegetables, sugar, cooking oil, spices, milk for children under 6 years old. The groups of goods with high demand during the Tet holiday season include Tet jam, candy, wine, beer, and soft drinks.

Of which, the city estimates the demand for rice consumption at about 99,450 tons/month; pork at about 19,890 tons/month and chicken and duck at about 6,630 tons/month; fresh and frozen seafood at about 5,520 tons/month; processed food at about 5,520 tons/month...

To do this well, the Hanoi People's Committee assigned the Hanoi Department of Industry and Trade to take the lead in capturing market information, organizing and coordinating goods of units when the market fluctuates under the direction of the Ministry of Industry and Trade and the Hanoi People's Committee.

Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said that in order to improve the effectiveness of the program, the Hanoi People's Committee needs to expand the participants to include businesses in provinces and cities across the country, thereby ensuring external supply sources for Hanoi.

In addition, the city informs reputable distribution businesses, supermarkets, and export processing businesses of detailed product lists, thereby researching and signing long-term product consumption contracts to proactively plan production.

The Department of Finance presides over and coordinates with departments, branches and sectors to advise the Hanoi People's Committee to strengthen management, operation and price stabilization in the area according to the provisions of law.

The State Bank of Vietnam, Hanoi Branch, announces the program content to credit institutions in the area; at the same time, receives and transfers information on loan needs of units participating in the program to credit institutions in Hanoi, connects banks with businesses to help businesses quickly access bank loans...

Implementation period from the date the plan is approved and issued until the end of May 2025.

Source: https://nhandan.vn/ha-noi-trien-khai-chuong-trinh-binh-on-gia-cac-mat-hang-thiet-yeu-nam-2024-post815793.html