Enterprises under An Giang Province’s market stabilisation programme have spent a total of VND2.1 trillion (US$90.6 million) to prepare goods for the Tet festival this year, 9 per cent higher than last year.
Enterprises under the southern province of An Giang's market stabilisation programme have spent a total of VND2.1 trillion (US$90.6 million) to prepare goods for Tet (Lunar New Year) festival this year, 9 per cent higher than last year, according to An Giang Department of Industry and Trade.
Phan Loi, deputy director of the An Giang Department of Industry and Trade, said the department has called upon local enterprises to join the provincial market stabilisation programme, supplying essential goods with stable prices for people during the Tet holiday this year.
So far, this programme has attracted 24 businesses and those firms, opening more than 1,600 points of sale for price-stabilised products including food, foodstuff and electronics products.
Loi said African swine fever has caused a reduction of pork supply and the lack of pork will continue until Tet. Therefore, the department has urged enterprises to store enough pork to meet local demand.
The province will also cooperate with the Department of Finance to monitor the local market and prices of essential commodities such as rice, pork, sugar, animal feed, fertiliser, petrol and gas. — VNS