Vinafood 2 pledges to fulfill market demand for rice

Truong Thanh Phong, General Director of Vinafood 2, said that his company is committed to fulfill the market demand for rice, irrespective of any fluctuation.

People at Foocomart buying rice at stabilized price (Photo: SGGP)

Vinafood made their commitment clear at a meeting with Ho Chi Minh City leaders and other relevant agencies recently. 

In addition to having over 4,000 tons of rice reserves in Binh Chanh district in HCMC and in Long An and Tien Giang provinces, Vinafood 2 will stockpile more rice in other warehouses in nearby areas. Therefore, the company can provide rice to the city markets at any time even in an emergency.

The company’s sub-division, Foodcosa, will supply enough rice, cooking oil and sugar for residents’ needs. It has stockpiled rice to fulfill a year-round demand. According to Huynh Cong Thanh, Foodcosa director, the company will supply 2,500 tons sugar, 500 tons fragrant rice and 100 tons of cooking oil every month throughout 2011.

Mr. Phong suggested that the city should create favorable conditions for Vinafood 2 to open more stores for direct distribution of commodities to consumers, especially in districts 7, 9, 12, Thu Duc, Cu Chi, Hoc Mon, Binh Chanh and Can Gio. Meanwhile Mr. Thanh hoped that the city would help his company to construct more warehouses in Cu Chi and Can Gio as so far Foodcosa has only 51 price-stabilized stores in the city.

Moreover, the food company expects to soon open rice-stabilized stores within industrial parks and export processing zones where many poor laborers live.

Nguyen Thi Hong, deputy chief of the city People’s committee applauded Vinafood 2’s promise of providing commodities to people at low prices at a time when cost of items had soared. She agreed to open more distribution stores in distant districts, industrial and export processing zones and ordered enterprises to co-ordinate in supplying cheaper commodities to residents.

By Cong Phien - Translated by Anh Quan

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