HCM City announces market stabilisation programme

The Department of Industry and Trade of Ho Chi Minh City on April 3 announced a market stabilisation programme for food and essential products in 2023 and during the lunar New Year (Tet) holidays 2024.

The programme aims to proactively ensure the supply of commodities, stabilise prices of essential products, and be ready to respond to emergency cases such as natural disasters and pandemics.

It will be carried out from April 1, 2023 to March 31, 2024.

There are 11 groups of food and other essential products, including food (rice, dried processed food, flour, etc.), sugar, oil, meat, poultry, eggs, fruits and vegetables, seafood, spices, and milk.

The volume of products subject to the programme will account for 23-31% of the market demand, and about 25-43% during the Tet festival.

Basic items for learning are also included in the programme to support students, such as notebooks, backpacks, bags, uniforms, footwear, and learning materials.

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