City calls for stable prices
The HCM City People's Committee asked district authorities in the city to maintain price stability on essential goods after the Tet (Lunar New Year) holiday.
At a meeting held yesterday, Le Hoang Quan, Chairman of the committee, said price stability was important because prices for electricity, water and petrol had risen.
In another move, Nguyen Thi Hong, Deputy Chairwoman, asked the Department of Agriculture and Rural Development and the Department of Industry and Trade to continue to build a retail system by increasing the number of supermarkets.
She commended the HCM City Industrial Park-Export Processing Zone Authority for working with the Department of Industry and Trade to set up retail stores in industrial parks and export processing zones last year.
More supermarkets in industrial parks and export processing zones must be built to help people's lives, she added.
At the meeting, Hong asked the Head of the State Bank's HCM City branch to create favourable conditions to provide capital for enterprises as well as manage gold and foreign currency transactions.
She said city departments and district People's Committees must provide information to enterprises and people in a timely fashion.
She also asked the Ministry of Finance to develop a policy on milk prices, and fine violators who are charge excessive prices.
Vo Van Luan, Chief of the city People's Committee Secretariat, said total retail goods and services turnover in the first two months of the year reached VND59.7 trillion (US$3.1 billion), an increase of 18.9 per cent over the same period last year.
Export turnover in the first two months reached $2.75 billion, a fall of 17.5 per cent over the same period last year, and import turnover was $2.55 billion.
The number of foreign tourists to the city in the first two months was 570,000, and tourism turnover reached VND6.3 trillion ($330 million).
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