Handling hoarding and unreasonable price increases during storms

Authorities will strictly handle acts of taking advantage of storms and floods to speculate, hoard goods, or unreasonably increase prices.

Authorities will strictly handle acts of hoarding and unreasonable price increases during storms.
Photo: Luu Quyen

The Department of Domestic Market Management and Development ( Ministry of Industry and Trade ) has just requested the Department of Industry and Trade of provinces and cities in the affected areas of storm No. 3 to urgently deploy solutions to ensure market stability and meet people's essential needs in all situations.

Regarding market control, localities direct market management forces to closely monitor market developments and situations at the grassroots level.

Strengthen supervision, inspection and control to promptly detect and handle violations of the law in the field of trade, especially for essential goods serving production, business and people's lives before, during and after the rainy and stormy season.

In case of natural disasters, localities must proactively handle acts of taking advantage of the situation to speculate, hoard goods, or unreasonably increase prices, especially for food, foodstuffs, and construction materials.

Departments of industry and trade implement plans to reserve essential goods in accordance with the actual conditions of each locality.

This plan must clearly define the list, quantity, method of preservation, transportation and distribution of food, clean water, construction materials, gasoline and oil, to ensure timely supply in case of natural disasters that cause division of the area.

Connect businesses that register to reserve goods with commune and ward authorities to operate the distribution network when necessary.

Localities regularly update and report on supply and demand, prices and distribution systems, ensuring that market management information is transparent and accurate.

Source: https://hanoimoi.vn/xu-ly-hanh-vi-gam-hang-tang-gia-bat-hop-ly-trong-mua-bao-709975.html