March 24, 2023 | 13:33 GMT+7

HCMC launches price stabilization program

Hồng Vinh -

Initiative targets essential products such as food and study materials.

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai has issued an action plan to implement the city’s price stabilization program for essential products in 2023.

The program aims to proactively ensure the supply of commodities, stabilize prices of essential products, and be ready to respond to emergency cases such as natural disasters and pandemics.

It will be carried out from April 1, 2023 to March 31, 2024.

There are eleven groups of food and other essential products, including food (rice, dried processed food, flour, etc.), sugar, oil, meat, poultry, eggs, fruit and vegetables, seafood, spices, and milk.

The volume of products subject to the program will account for 23-32 per cent of the total.

Basic study items are also included in the program to help students, such as notebooks, backpacks, bags, uniforms, footwear, and learning materials.

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