Tuesday, December 19 2017

VietNamNews

Da Nang counters inflation

Update: April, 18/2012 - 17:31

DA NANG – Authorities in Central Da Nang City have decided to halt public auto, office equipment and working facility purchases worth VND100 million (US$4,800) and over, according to the Vietnam News Agency.

The move, which came into effect on April 16, is aimed at curbing inflation and ensuring social security.

Exceptions for purchase include ODA projects and on-going capital construction works as well as canoes and ships serving rescue and salvage purposes.

In case of complication, the city will organise specialised vehicles to meet demand or adjust measures accordingly.

The city will also allow agencies to buy refrigerators serving for health treatment and scientific research, air-conditioners for information technology facilities, amongst others. -- VNS

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