VND13,725 billion allocated to stabilize essential goods in 2025

On November 19, the Provincial Department of Industry and Trade chaired a meeting with departments, branches, localities, and businesses to contribute ideas to the draft plan to stabilize the market of essential goods in 2025, the Lunar New Year, and respond to natural disasters in Binh Duong province.

At the meeting, branches, localities and businesses all agreed with the programs proposed in the draft. Namely, the total value of reserved goods is approximately 13,725 billion VND, excluding gasoline and medicine. Of this amount, around 2,750 billion VND is allocated for the period before, during, and after the Lunar New Year 2025. 

The 17 units participating in the price stabilization programs include those with established supply chains, goods circulation, and distribution systems within the province. These include enterprises that produce and trade goods, as well as stores that supply and process food and foodstuffs. As a result, the price stabilization goods are maintained with continuous and stable operation. 

Essential goods are guaranteed to be priced 5-10% lower than market prices at any given time, with guaranteed origin, food safety, good quality standards, and reasonable prices; have abundant and stable supply, ensuring supply-demand balance and meeting people's consumption needs in the event of market fluctuations.   

Departments, branches, and localities all hope that businesses will actively organize mobile sales at traditional markets, industrial parks and clusters, worker accommodation areas, rural areas, and northern districts in the province; at the same time, combine mobile sales with local fun markets and flower markets during big holidays and Tet. 

Two petroleum enterprises, Thanh Le Import-Export Trading Corporation - JSC and Song Be Petroleum Company Limited, are responsible for fully supplying the entire petroleum system in the area with an expected increase of 10% - 15% compared to the same period. 

Reported by Tieu My - Translated by Ngoc Huynh