BUSINESS Updated at 15:43:06 12/02/2019  (Views:  459 )
Binh Thuan to earmark over VND 1

Binh Thuan to earmark over VND 130 billion for stocks of Tet commodities

BTO- Department of Industry and Trade lately proposed to the provincial People’s Committee a plan for commodity reserve to ensure essential goods before and after the Lunar New Year 2020, year of the Rat.

A store with market stabilization program

Accordingly, a number of units have registered for commodity reserve under the province’s market stabilization market program for Tet, with a total fund of more than VND 130 billion. Reportedly, Binh Thuan Trading JSC will pour VND 40 billion into stockpiling Tet commodities while the Saigon Union of Trading Cooperatives Company (Saigon Co.op) plans to allot VND 50 billion, 18 billion and 9 billion successively for its 3 stores in Binh Thuan (Co.opmart Phan Thiet, Co.opmart La Gi and Co.opmart Phan Ri Cua). At the same time, Tung Loan Trading & Services private company also joins Tet commodity stock program with a capital of VND 10 billion. The Southern Central Food JSC will invest about VND 1.2 billion in stockpiling Tet commodities in Binh Thuan. The provincial Center for Mountainous Service will stockpile goods valued at VND 2.2 billion.

Department of Industry and Trade is working hard to mobilize a number of Trading firms which have subsidiaries in Binh Thuan to take part in this program to ensure a diversity of goods supplies for local people.

Traslated by Phuong Lan (Source: Binh Thuan Online)

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