Ministry requests strengthening post-Tet price management

The Finance Ministry recently issued a Notice requiring the People’s Committees of cities and provinces to strengthen price management following the traditional Lunar New Year (Tet), so as to achieve the goal of controlling consumer price index below 4 percent this year. 

Accordingly, prices of services under the management of the People’s Councils and People’s Committees of cities and provinces will remain the same, including health check-ups and treatment, education, environment hygiene, vehicle parking, travelling, lodging and rentals in exhibitions and shopping malls. 

They were required to closely follow the movement of supply, demand and prices to stabilise the market, particularly daily necessities such as food. 

The ministry requested strengthening inspection over compliance with regulations on traffic safety and service prices while raising public awareness of the effort to prevent false information causing public concern. 

In the first two months of this year, the CPI increased by 2.9 percent.
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