The Departments of Industry and Trade nationwide have been ordered to outlineproduction and business plans while making evaluations on the supply and demandof essential items, so as to make a timely response to prevent a shortage ofgoods or price hikes during Tet.
They should recommend the provincial People’s Committees set up plans to stockshelves for the holiday or in case of epidemic, as well as join hands withbranches of the State Bank of Vietnam to help businesses access preferentialloans to produce essential goods for the holiday.
They have been asked to coordinate with the Departments of Agriculture and RuralDevelopment and competent agencies to keep a close watch on weather and disease developments and to assess the ability to supply pork and other essential goodsto the market.
The MoIT has requested local corporations to introduce import measures, ifnecessary, to stabilise the market.
Under the Directive, the Domestic Markets Department is to work with localitiesto promote the campaign “Vietnamese people prioritise Vietnamese goods”, aimingto support local production and increase supplies of price-stabilised goods inremote and mountainous areas. They are also urged to introduce safe food aswell as local staples to consumers around the country.
Along with urging companies to enhance domestic trade promotions and stimulusprogrammes to boost consumer spending, the department is to create favourableconditions for them to join the market stabilisation programme in order toexpand their distribution networks in mountainous, island, and remotelocalities.
The ministry also directs petrol trading companies to ensure sufficientreserves for the market, and to coordinate with competent agencies to enhancecontrol of gasoline quality.
It will inspect and supervise power corporations to assure electricity supplyfor production and daily use.
The Vietnam Directorate of Market Surveillance is responsible for examiningfood safety and quality, and preventing speculation and price hikes incontradiction of existing laws.
Due attention will also be paid to raising public awareness of the State’smarket stabilisation and food safety policies./.