Rural provinces provide price-stabilised goods
Rural provinces provide price-stabilised goods
Businesses have started to bring in price-stabilised goods for the upcoming Tet (Lunar New Year) festival, particularly in rural and mountainous areas.
The Mountainous Services Centre of the central Binh Thuan Province's Board for Ethnic Groups has offered nearly 35 kinds of price-stabilised goods worth VND5 billion (US$240,000) to mountain areas.
Popular products, including rice, salt, and cooking oil have been sold in 11 mountainous districts of Bac Binh, Ham Thuan Bac, Ham Thuan Nam, Tanh Linh and Tuy Phong.
They are all being sold at the current market rate or up to five per cent lower.
The centre's director Ta Huu Phuc said the amount of goods sold in these areas had increased by 20 per cent in comparison with 2011.
Prices would be maintained even if the market rate went up in the run-up to Tet, he said. But if the market price fell, that would be reflected in prices of goods under the stabilisation programme.
In the southern province of Binh Dinh, 37 enterprises have registered to provide price-stabilised products to local customers, including food, household goods, electronics and garments and textiles.
These businesses have committed to offer customers discounts of 5-49 per cent.
The People's Committee of the Central Highlands province of Kon Tum has earmarked VND16 billion ($768,000) to provide businesses with interest-free loans to prepare commodities for the provincial price-stabilisation programme.
Local businesses have stockpiled goods with a total capital of VND109 billion ($5.2 million).
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