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| Customers shop at a price stabilisation stall at Hapro supermarket. There were still few price stabilisation selling points in rural areas. — Photo baomoi.com |
HA NOI — Enterprises that took part in market stabilisation programmes without receiving State finance should be offered tax incentives, the Ministry of Industry and Trade has suggested.
The ministry reported on Wednesday that around 300 companies from 45 provinces and cities nationwide joined these programmes last year. All were initially assisted with State preferential loans, but some 60 firms are now reliant on their own budgets.
According to the Ministry of Finance, local authorities last year lent VND1.7 trillion (US$81 million) to participating enterprises, with interest rates hovering around 0.3 per cent.
But there were still few price stabilisation selling points in rural areas, said the Ha Noi Department of Industry and Trade. — VNS