The Department of Industry and Trade is requested to proactively supervise and forecast the market movement, and keep balance for supply and demand of prime consumption products and services; timely report to the Hanoi People’s Committee, and suggests measures to guarantee adequate supply of essential commodities and meet the people’s demand; cooperate with enterprises to organize distribution system, increase stock, and prevent supply - demand unbalance which might lead to unusual price increase, especially of prime products; cooperates with departments and sectors to launch price stabilization program for essential commodities, and publicize information about the city’s program for all enterprises and people.
According to their functions and missions, the departments and agencies of Hanoi execute and disseminate policies on price management, and act as advisors to the People’s Committee in taking measures to stabilize prices in the city.
The district people’s ommittees proactively coordinate with relevant agencies to perform tasks in the area under their management; direct the sections of planification and to supervise demand - supply and market price of prime commodities according to regulations in Circular 55/2011/TT-BTC dated April 29, 2011 of the Ministry of Finance, and report to the Department of Finance; the latter sums up information and reports to Ministry of Finance as well as the People’s Committee by the 20th day of each month; instruct specialized agencies to increase examination, focusing on compliance with legal regulations on price, charge, speculation handling and false information which lead to price increase and market instability, especially for prime goods and services; increase examination of parking, and severely handle violations; eliminate roadside markets, illegal and unsafe parking places and business places. If organizations and individuals repeat their violations, their licenses of using pavements for parking will be revoked.
