Support bank loan interest rates to buy 3 reserve items for Tet

(Baonghean) - There are still 2 months left until Lunar New Year but production and business units have already prepared goods to serve the market. In particular, 7 enterprises assigned to implement the Program of reserving goods to stabilize the market for the Lunar New Year 2017 have gathered enough goods to serve people's needs.

To ensure the balance of supply and demand of essential goods, stabilize the market of goods at the end of 2016 and the Lunar New Year 2017, contribute to economic stability, ensure social security, the Provincial People's Committee has agreed to the proposal of the Department of Industry and Trade to support bank loan interest rates to buy 3 reserve goods to serve the Lunar New Year 2017.

Accordingly, 3 main items are reserved with a value of 57.5 billion VND, including rice, sticky rice and cooking oil. Specifically: 2,060 tons of rice worth 25 billion VND; 120 tons of sticky rice worth 2.5 billion VND and 900,000 liters of cooking oil worth 30 billion VND. The storage period is 3 months, from December 15, 2016 to March 15, 2017.

Enterprises that borrow capital from banks to purchase and stockpile the delivered goods will be supported by the province with 100% interest on bank loans based on loan contracts, debt acknowledgment contracts, receipts, and the quantity of stockpiled goods stored for a specified period of time.

7 enterprises are supported with interest rates for reserving essential goods for the Lunar New Year including: Nam Long Trading Company Limited, Huu Nghi Joint Stock Company, Nghe An Agricultural and Food Products Company Limited, Duc Thanh Trading and Service Company Limited, Thanh Sang Food Import-Export Joint Stock Company, Nhat Minh Tam Company Limited and Hung Tien Company Limited.

Leaders of the Ministry of Industry and Trade inspected the preparation of goods to serve the Tet market at the grassroots level.

In Vinh city, Nam Long Co., Ltd. - a general agent of cooking oil, a unit that has received interest support for storing goods, has also fully stocked its goods. In the warehouse, 300,000 liters of cooking oil have been transferred, including: Neptuyn, Simply, Meizan... Ms. Vo Thi Thao - Deputy Director of Nam Long Co., Ltd. - said that this year we have received interest support to stock 300,000 liters of cooking oil with a total value of 11.6 billion VND. It is expected that during the Tet holiday, we will consume about 800 tons of cooking oil. In addition to cooking oil, the unit also prepares white sugar, milk,... total sales of all items will reach 40 billion VND, an increase of 15% compared to normal months.

In addition, there are also some business items of the enterprise such as sugar, milk... With 2 price stabilization points of sale in Vinh City and 3 trucks transporting goods to districts, cities and towns in the province: Quynh Luu, Yen Thanh, Dien Chau, Hung Nguyen, Nam Dan, Thanh Chuong, Do Luong...

This year, the enterprise assigned to store stabilized goods has an additional enterprise located in the mountainous area of ​​Que Phong, Nhat Minh Tam Company Limited. Currently, this enterprise has also proactively provided goods to serve the people, including 30 tons of rice, 150,000 liters of cooking oil with a total value of 3.8 billion VND, with 0% interest support for 3 months.

As part of the program to stabilize the market during the Lunar New Year, the inter-sectoral working group led by Deputy Minister of Industry and Trade Ho Thi Kim Thoa recently worked with the People's Committee of Nghe An province on ensuring goods for the end of 2016 and the Lunar New Year 2017. At the meeting, the Deputy Minister suggested that the province should more accurately assess the supply and demand of goods, especially essential goods in the area, to proactively have plans or propose to competent authorities measures to ensure balance of supply and demand, stabilize the market, and avoid shortages, supply disruptions or backlogs of goods after Tet. The Deputy Minister emphasized that the province needs to have policies that are appropriate to the work of reserve and price stabilization, accompany businesses and be ready with plans to limit and handle false information related to the market during Tet.

Currently, the Ministry of Industry and Trade is strengthening market supervision, implementing measures to control the distribution and purchase of agricultural products and essential foods, minimizing acts of market disruption, speculation, hoarding, and price increases. The system of credit units is also assigned the responsibility of creating favorable conditions for businesses and production households to borrow capital to develop production to serve people during Tet.

At the same time, direct the Market Management Department to strengthen coordination with relevant functional forces to inspect, control, detect and strictly handle acts of transporting and trading smuggled goods, banned goods, manufacturing and trading counterfeit goods, poor quality goods and violations of price listing, hoarding, trading expired goods, etc. The inspection focuses on items such as: Poor quality food, transportation of goods that do not ensure food safety; essential goods, etc.

Article and photos:Thu Huyen