HCM City pledges sufficient Tet goods for residents

(VOV) - HCM City plans to develop nearly 400 more kiosks and convenience stores under the price stabilization programme to meet local residents’ demand during the upcoming lunar New Year (Tet) festival.

It has encouraged women and youth unions and businesses to set up more than 200 mobile kiosks to provide essential goods for rural people, employees at industrial parks, low income earners and hospital patients.

The city has stockpiled Tet goods valued at nearly VND7,500 billion for the price stabilization programme. As many as 7,500 mobile kiosks and convenience stores have offered lower prices than market levels at residential areas and traditional markets.

The Municipal Department of Industry and Trade has assigned the Saigon Union of Trading Cooperatives (Saigon Co.op), Saigon Trading Group (Satra), and Ba Huan company to work closely with local businesses to carry out the programme at the peak of the Tet holiday from January 1 to 25, 2014.

The city will closely monitor market prices and trade frauds to nip any violations in the bud.

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