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Businesses strive to keep prices and stabilize the market

The increase in the prices of many input costs is causing the production activities of enterprises to increase enterprise faced a lot of pressure.

On average, Joint Stock Company 22 produces from 100 to 120 tons of dry food per month to supply the market. Although raw materials for some items have increased by 25%, they still try to maintain a stable selling price by many solutions.

“We apply many new technologies and high-productivity equipment to reduce by-products in the production process. In particular, we work with suppliers to share with each other during a period of change. joint action”, said Deputy General Director of Joint Stock Company 22 Nguyen Trung Dung.

Businesses strive to keep prices and stabilize the market - Photo 1.

People shop at a supermarket in Hanoi. (Photo: VNA)

According to the share of retailers, they have had offers to increase prices from some food suppliers. However, up to now, the price is still stable due to the contract signed in advance.

“Our more than 40,000 products and 2,000 suppliers are currently committed to not raising prices. We are continuing to work with all domestic and import supply chains to come up with a price. most reasonable for consumers”, said Mr. Nishikawa Satoshi, North Region Manager, AEON Vietnam.

According to the Hanoi Department of Industry and Trade, currently most of the consumer goods in the system in the area have not increased dramatically, only vegetables, tubers and fruits recorded an increase of 5% compared to the previous week. Consumption of consumers still recorded positive growth compared to the same period last year.

“The total retail sales of Hanoi in the first two months of the year recorded a growth of 10.8%. This is an encouraging figure in the complicated situation of the COVID-19 epidemic. Hanoi City will direct manufacturing enterprises. In order to attract a large number of consumers to participate in shopping, the distribution systems have launched promotions, demand stimulation and gratitude programs to attract a large number of consumers to participate in shopping, striving to achieve the goal of total retail sales increasing by 7.5 – 8% this year,” said Ms. Tran Thi Phuong Lan, Acting Director of Hanoi Department of Industry and Trade.

Manufacturing enterprises also expect that the Government’s price control policy as well as the reduction of VAT and environmental protection tax will help reduce the burden of production costs for businesses and help businesses recover after a long period of time. period affected by the epidemic.

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