The Department of Finance in Ho Chi Minh City announced that from July 24, the price of foods and foodstuffs under the price subsidized program in the City will be reduced by an average VND200-500 per kilogram.
Accordingly, 5-percent-broken white rice will drop from VND10,200 to VND10,000 per kilo; packed 5-percent-broken white rice from VND11,000 to VND10,800 per kilo; one-kilo pack of extra refined sugar from VND19,800 to VND19,500; ten-pack first-grade chicken eggs from VND25,500 to VND25,000.
Vissan is also running a promotional program on some fresh meat products in the City, offering a discount of VND5,000 per kilo on retail price of pork products. The program is applicable in the City until July 31.
Nguyen Nguyen Phuong, Head of Trade Management Office under the Department of Industry and Trade in Ho Chi Minh City, said that in the last few months, the price of raw materials has increased, but firms under the price subsidized program had pledged to continue to sell at existing price and run many promotions to stimulate consumer demand.
