Proactively source goods to serve the Lunar New Year 2014

- Provincial People's Committee supports 20.3 billion VND for businesses to borrow with 0% interest rate for 3 months

(Baonghean) - To limit the sudden price increase during the 2014 Lunar New Year, prevent speculation that adversely affects production and people's lives, the Provincial People's Committee has implemented a price stabilization program for essential consumer goods. Despite the difficult budget, the province still increased the source of money for businesses to purchase goods with 0% interest rate for 3 months, from 16.4 billion VND in 2012 to 20.3 billion VND in 2013. Accordingly, 6 businesses received interest rate support loans to proactively stabilize the source of goods: Vietnam-Laos Economic Cooperation Investment Joint Stock Company, Huu Nghi Joint Stock Company, General Agricultural Import-Export Joint Stock Company, Son Hai Company Limited, Thanh Sang Food Import-Export Joint Stock Company, Duc Thanh Trading & Service Company Limited. There are 3 groups of stabilized goods during this year's Lunar New Year: 700 tons of rice (7.35 billion VND), 100 tons of sticky rice (1.8 billion VND), and 350,000 liters of cooking oil (11.2 billion VND).

Nghe An Seafood Joint Stock Company and Vinh City Green Park Company prepare goods to serve the Tet market. Photo: MH - SM

At the Vietnam - Laos Economic Cooperation Investment Joint Stock Company, from the capital of 4,775 million VND of the Essential Goods Reserve Program for Tet, the company signed a contract to buy 3 types of cooking oil, 150 tons of rice... Also to have enough goods to serve Tet, the Vietnam - Laos Economic Cooperation Investment Joint Stock Company has prepared an additional 15 billion VND of goods, including essential goods such as cooking oil, rice, instant noodles, sugar... of which, about 70% of the goods are delivered to consumers in districts and towns in the province. Thanh Sang Agricultural Products Import Export Joint Stock Company, for the first time, participated in the reserve of essential goods to serve the 2014 Lunar New Year, receiving support from the province of 3,375 million VND to buy 150 tons of rice and 100 tons of sticky rice to serve mountainous districts...

Ngoc Anh