Vietnam To Adopt 6 Measures Stabilizing Consumer Good Prices
The Ministry of Finance (MoF) of Vietnam just proposed six measures to stabilize consumer goods prices before and after Tet holiday, local Culture newspaper reported.
Fuelled by growing purchasing power, goods prices often rocket on the occasion of traditional Tet festival, which normally falls in February.
Vietnam should stock adequate amounts of commodities to satisfy growing demand for consumer goods and ensure no fluctuations especially in rural and remote areas.
To avoid inflation, Vietnam is recommended to closely control monetary flows and try to keep exchange rates stable, in addition to effectively managing state budget revenues and expenditures.
Prices of monopoly goods are required to be under tight control. Relevant ministries and sectors are also asked to appropriately manage their goods, particularly electricity, coal, petroleum products.
Last but not least, they will thoroughly comply with thrift practice and avoid waste.
Culture
Vietnamese
