Adding Textbooks to the Price Stabilization Program

The Provincial People's Committee held the meeting on the 2011 Price Stabilization Program.

Department of Industry and Trade agreed to lend Dong Nai Books & School Equipment Joint Stock Company a VND2 billion zero-interest loan from State Budget in order to stabilize the price. Accordingly, textbooks published by the company in the first semester will offer an appealing price-cut of 10 percent each price tag.

Textbook – one of the listed price-stabilized items in 2011

Ten businesses and cooperatives have so far been considered to borrow the interest-support loan of over VND51.7 billion. Four business entities have registered to open seven price-stabilized goods shops across the province, adding up to 33 shops.

Addressing the meeting, vice chairperson Tran Minh Phuc said price stabilization is an extremely significant program, helping the province control inflation and maintain social security. Phuc urged departments and sectors to foster the program expansion to all city, towns and districts. Especially, it is necessary to take made-in-Vietnam goods to rural areas and quickly replicate this goods selling form so that it can benefit low-income consumers.