Businesses in the HCM City price stabilisation programme have been encouraged to become more innovative in the face of tougher competition, experts have said.
Face masks and hand sanitisers have been added to the list of essential goods covered by the price stabilisation programme in HCM City amid the COVID-19 crisis.
The HCM City People’s Committee has asked enterprises participating in the price stabilisation programme to increase the amount of goods in the market this year.
The HCM City Department of Finance on Tuesday approved a plan to cut the
prices of poultry and animal meat and eggs sold under the price
stabilisation programme.
The northern province of Hai Duong decided to spend VND25 billion
(US$1.2 million) on a price stabilisation programme for the end of the
year and the upcoming lunar new year festival.
All goods sold under HCM City''s price stabilisation programme will be
labelled with a new logo by the end of December, the city''s Department
of Industry and Trade has said.
HDBank, one of the first commercial banks in Viet Nam, on March 27
announced that it would offer VND1 trillion (US$47.6 million) to support
companies taking part in HCM City''s price stabilisation programme in
2014.