HCMC reduces prices of several subsidized items

Prices of several food items under Ho Chi Minh City’s price subsidization program will be reduced from VND100 to VND3,000 a kilogram from January 19, said head of the Price Division under the city Department of Finance Nguyen Quoc Chien yesterday.

Customers buy subsidized items at a supermarket in HCMC (Photo: SGGP)

Normal rice price will slide to VND9,800-VND10,700 a kilogram and Jasmine rice price will drop to VND13,400-14,700 a kilogram.

The price of slaughtered industrial chicken will drop from VND46,000 to only VND43,000 a kilogram. A pork kilogram will cost VND74,500-99,500.

According to Mr. Chien, the reduced price will be fixed from January 19 to March 19 to stabilize the market and stimulate shopping demand in Tet holidays.

By Hai Ha – Translated by Hai Mien

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