HCMC stabilizes prices of many products from April 2

HCMC stabilizes prices of many products from April 2

The Department of Finance of Ho Chi Minh City announced the selling prices of essential items participating in the market stabilization program in 2022 and the 2023 Lunar New Year, officially applied from April 2. Besides some products, including poultry eggs and poultry meat, that have raised their selling prices, rice, pork, and sugar keep the same selling prices compared to the market stabilization program in 2021.
Supermarkets, wholesale markets curb price hikes

Supermarkets, wholesale markets curb price hikes

The prices of many items, such as fruits, vegetables, cooking oil, and fresh milk, at retail points of sale and markets on March 21 increased by 15-40 percent compared to before the 2022 Lunar New Year. Delivery service also added a surcharge of VND5,000-VND15,000 per order. Meanwhile, at supermarkets and wholesale markets, prices of commodities remained stable.
Abundant supply of Tet goods

Abundant supply of Tet goods

Although the purchasing power is not expected to hike suddenly during this Lunar New Year, Ho Chi Minh City has been ready to supply tens of thousands of tons of food and foodstuff products every day to ensure consumer demand before, during, and after the Tet holiday.
US$491 million to be invested in market stabilization program in 2021-2022

US$491 million to be invested in market stabilization program in 2021-2022

According to the Ho Chi Minh City Department of Industry and Trade, six banks and credit institutions are registered in the market stabilization program for the period 2021-2022 with a total of VND11,346 billion (US$491 million) to support businesses to prepare goods for the program.
Consumers buy pork at a supermarket. (Photo: SGGP)

No shortage of fresh food for upcoming Lunar New Year festival

Mr. Le Huynh Minh Tu, Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, said that the supply of pork, poultry meat, and eggs for the city market would certainly not be insufficient after his first working day with key suppliers on January 20.
Chairman Phong speaks at the meeting (Photo: SGGP)

Saigon Coop to be in top 100 world cooperatives: Chairman Phong

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong believed that the country’s leading retailer Saigon Union of Trading Cooperatives, known as Saigon Co.op, will enter the world top 100 cooperatives.