Hanoi vows low inflation at Tet

The price of goods in the capital city of Hanoi over the Tet holidays would increase by less than 1 per cent, forecast deputy head of Hanoi 's Industry and Trade Department Nguyen Van Dong at a press conference on Nov. 15.

Hotels in Hanoi"The price increase at Tet is unavoidable. To limit this, city authorities and local companies are making every effort to prepare enough goods for both new year holidays," Dong said.

"With our efforts, we hope that the price will only increase by between 0.5 per cent and 0.7 per cent," Dong added, noting that this level was lower than in previous years.

According to Dong, the total goods volume needed for Christmas, New Year and Tet (Lunar New Year) was estimated to surge by 20-22 percent against previous months with a total value of about 24 trillion VND (1.1 billion USD).

To meet the goals of fully meeting demand and stabilising prices, 15 companies will join in the city's price stabilisation programmes.

Those companies will receive interest free loans of 475 billion VND (22.6 million USD) from the city's People's Committee to stock and stabilise the prices of nine commodities including rice, pork, eggs, cooking oil, vegetables and some processed seafood.

Along with the city's support, those companies will use their own capital to double their stockpiled products.

"They will also be responsible for organising 653 outlets for those goods," Dong said.

The outlets would be set up in both central and rural areas, he said.

This year, the city is also encouraging handicraft villages to join in the price stabilisation programme.

According to Dong, supervision would be strict this year to avoid smuggling, speculation and counterfeit goods.

"There will be about 600 supervisors checking quality, food safety and prices in stores and supermarkets," he said.

Where to stay

Hanoi Victory hotel is your best choice. Hanoi Victory Hotel is one of the greatest three stars hotels in Hanoi which is hightly  appreciated for the comfort and luxury. If you are going to Hanoi Vietnam in order to find out about Hanoi beauty, culture values,  or simply want to have a happy and useful Hanoi tour – Welcome to Hanoi Victory hotel, the best hotel in hanoi, where you can rest most comfortably with perfect services.

HANOI VICTORY HOTEL INFORMATION

Address: 3 Hang Quat street, Hoan Kiem, Hanoi
Tel: + 84 4 3938 2666
Website: http://www.hanoivictoryhotel.com
Facebook: http://www.facebook.com/victoryhotelhanoi
Blog: http://www.hanoivictoryhotel.blogspot.com
Google map: Hanoi Victory Hotel - hotel in hanoi

The French Quarter of Hanoi

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi’s City Centre (Hoan Kiem District)

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi Ba Dinh Square

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi West Lake

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hoan Kiem lake & Ngoc Son Temple in Hanoi

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi Area Guides

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Telecommunications forum opens in Hanoi

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

President hands Labour Order to Ba Dinh district

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi to clamp down on parking fees violations

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi looks to draw tourists

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

New ICT summit gathers in Hanoi

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi to improve care for Hoan Kiem turtle

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi orders end to spontaneous demonstrations, parades

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi set to create cultural cuisine area

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hoan Kiem turtle declared fit as a fiddle

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Lane restrictions in Hanoi to ease traffic

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Tea culture marks Hanoi’s millennium anniversary

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi to stagger work, school hours

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi pagodas lure visitors with rich historical offerings

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi to push for investment reforms

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Capital clamps down on wily cyclo drivers

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Traditional ethnic fashion on show at Son Tay fest

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Artists to rouse muse for capital’s birthday

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

Hanoi Opera House celebrates centenary

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...

US helps preserve Hanoi’s ancient gate

Hotel in Hanoi save up 35% off . Located in the Heart of Hanoi's Old Quarter : Highly recommended by Tripadvisor.com, Hanoi hotels, hotels hanoi,...