5 businesses stockpile price-stabilized goods to serve the Tet market
(Baonghean) - There are still two months left until Lunar New Year, but from now on, production and business units have prepared goods to serve the Tet market. Especially for some enterprises assigned to implement the Program of reserving goods to stabilize the market for the Lunar New Year 2016.
Accordingly, 5 enterprises were assigned to store stabilized goods, including: Vietnam-Laos Economic Cooperation Investment Joint Stock Company, Nghe An Friendship Joint Stock Company, Nghe An Agricultural Products Import-Export Joint Stock Company, Thanh Sang Food Import-Export Joint Stock Company, Duc Thanh Trading and Service Company Limited. The enterprises borrowed capital from banks to buy and store the assigned goods with a total value of over 26.7 billion VND, the provincial budget supported 100% of the loan interest for 3 months.
With 3 main essential items being rice, sticky rice and cooking oil. The price of stabilized products of enterprises participating in the Program must be at least 5% - 10% lower than the market price at the same time of products with the same specifications and quality.
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| People shop at the supermarket. |
In addition to reserving 150,000 liters of essential cooking oil for price stabilization according to the province's policy, Nghe An Friendship Joint Stock Company has also prepared a variety of goods for Tet to meet the diverse needs of the people. Currently, the Company has invested more than 30 billion VND to purchase goods to store for Tet including: 35,000 barrels of beer, 20,000 barrels of soft drinks, 1,000 barrels of wine, 10 tons of various types of candy...
In addition, there are also some traditional processed products of the enterprise such as 5,000 banh chung, 1 ton of ham... With 2 price stabilization points of sale in Vinh City and 3 trucks transporting goods to 16 districts, cities and towns in the province: Con Cuong, Anh Son, Tuong Duong, Nghia Dan, Thai Hoa, Tan Ky, Quynh Luu, Yen Thanh...
| Mr. Nguyen Hong Thai, Director of the Trade Center - Nghe An Friendship Joint Stock Company said: All of the company's Tet products are uniformly discounted by 10% compared to the market retail price. This year, the company focuses on the design and quality of the goods, working directly with manufacturers to ensure the commitment to the quality of the goods. At the same time, it cooperates with manufacturers to create promotional programs to thank customers, and reduce prices for buyers to stimulate market consumption. |
This year, the amount of goods stored by the enterprise increased by about 15% compared to last year. With many years of experience in making stable reserves, Huu Nghi Joint Stock Company is always proactive in having enough goods ready to serve market demand, ensuring no shortage of goods or price increases.
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| Price stabilization point of sale in Vinh City of Vietnam-Laos Economic Cooperation Investment Joint Stock Company. |
Vietnam-Laos Economic Cooperation Investment Joint Stock Company was assigned to store 100 tons of rice and 200,000 liters of cooking oil at a total cost of 7.1 billion VND. Ms. Ho Thi Ha, a company official, said: "Up to this point, the unit has prepared more than 15 billion VND in capital to store essential goods including: rice, cooking oil, instant noodles; beer, wine, soft drinks about 60,000 barrels to supply the Vinh market and districts.
The company has 3 price stabilization points of sale in Vinh City, Thanh Chuong, Nam Dan, the items are sold at wholesale prices, if the market fluctuates, the company still sells at the committed price, ensuring the supply of quality goods and stabilizing the market, helping people feel secure to shop for Tet safely and healthily."
To serve the Tet market this year, Nghe An Agricultural Products Import-Export Corporation was assigned to store 100 tons of rice and 150,000 liters of cooking oil with a total cost of nearly 5.6 billion VND. Ms. Ho Thi Binh Nguyen, chief accountant of the company, shared: "The company has prepared a large quantity of goods with guaranteed quality to supply the market before and after Tet. Price-stabilized goods are sold at 2 locations in Vinh City and 1 location in Do Luong Town. In addition, the company uses mobile vehicles to distribute goods to districts in the province to ensure that goods are always circulated and sold at a market-stabilizing price, not for profit. At the end of the year, the average consumption of cooking oil alone is about 170,000 liters/month".
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| Diverse wine products to serve customers' consumption needs during Tet. |
According to Ms. Vo Thi An, Deputy Director of the Department of Industry and Trade: "In recent years, the market has been stable, with little price fluctuation, so based on the situation of the provincial budget, the Department of Industry and Trade only advises on reserving the most essential goods (rice, sticky rice, cooking oil) to contribute to price stabilization when there are price fluctuations for these goods. At the same time, it also aims to let businesses in the area know the policy of stabilizing some essential goods of the province to serve before and after the Lunar New Year, avoiding speculation, hoarding, and price increases during Tet."
Quynh Lan
