Over 1,783 billion VND to stabilize the market at the end of the year and during Tet

Việt NamViệt Nam02/12/2023

14:16, 02/12/2023

The Provincial People's Committee has just issued a plan to implement a program to stabilize the market of essential goods in the province at the end of 2023 and the Lunar New Year of Giap Thin 2024.

The implementation of the market stabilization plan aims to contribute to balancing supply and demand of goods, meeting people's needs, especially essential goods; contributing to limiting the rate of price increase, curbing inflation, promoting production and business development, stimulating consumption at the end of 2023 and the Lunar New Year of Giap Thin 2024.

Accordingly, the plan to reserve essential goods for this occasion has a total value of more than 1,783 billion VND. The development and promulgation of the plan is based on the calculation of the average monthly consumption demand of about 1.9 million people in the province and the forecast of a 15% increase in consumption demand during Tet. The stabilization period is from December 1, 2023 to February 29, 2024.

The group of goods focused on price stabilization at the end of 2023 and the Lunar New Year of Giap Thin includes: food (regular rice, domestically produced fragrant rice), food (pork, poultry, poultry eggs, cooking oil, sugar, MSG and processed foods, vegetables and fruits), fuel.

Currently, 11 large enterprises have developed plans to reserve goods for Tet with about 473.7 billion VND; meeting about 26.5% of people's consumption needs in case of a shortage of goods. In addition, a large amount of goods are reserved at stores and markets in the area to serve the year-end needs, which is also a major channel to meet people's demand for goods during Tet.

People shop at Co.opmart Buon Ma Thuot Supermarket.
People shop at Co.opmart Buon Ma Thuot Supermarket.

The Provincial People's Committee assigns departments, branches, People's Committees of districts, towns, cities and related units within their assigned functions and tasks to focus on implementation to achieve the set goals. For the Department of Finance, it is responsible for state management in the field of prices for price-stabilized goods; closely monitoring market price developments; organizing inspections in cases of price fluctuations.

The Department of Industry and Trade closely monitors market developments, supply and demand of goods; organizes the coordination of goods of enterprises when the market fluctuates; proactively plans to supplement adequate and timely sources of goods, avoiding disruptions in the supply of goods; closely inspects and supervises the electricity supply, has backup plans to ensure enough electricity for production and people's daily life during holidays and Tet.

The Market Management Department inspects and controls the market to detect and strictly handle violations of the law, such as: speculation, hoarding, trading in prohibited goods, smuggled goods, goods without invoices or documents, goods of unknown origin, no labels, commercial fraud; coordinates with relevant departments and branches to inspect and control the implementation of legal regulations on prices.

The Department of Agriculture and Rural Development directs production units to create a stable source of agricultural and aquatic products, ensuring quality and food hygiene and safety; coordinate with the People's Committees of districts and cities to select and introduce farms, slaughterhouses for livestock and poultry, and suppliers of safe agricultural products for the Department of Industry and Trade to connect to participate in the price stabilization system; control the amount of livestock meat consumed in the market.

Enterprises, supermarkets, and commercial centers proactively plan production and supply of goods for Tet; reserve supplies and raw materials to ensure the supply of goods to the market at reasonable prices and good quality; deploy stable sales points and organize mobile sales and Vietnamese goods markets in rural and mountainous areas to serve the consumption needs of people in remote areas and ethnic minority areas.

The Department of Health strengthens inspection and supervision of food hygiene and safety; directs and urges localities to effectively implement food hygiene and safety work in the area...

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