MIT designs plans to kick up domestic consumption

To incite domestic consumption, the Ministry of Industry and Trade is realizing a domestic trade promotion program. The Ministry also plans to launch another program to stimulate the consumption of domestically-made products.

The beneficiaries of the programs include rural residents, poor households, and workers in factories and concentrated industrial parks.

The second program will be realized through credit incentives, so as to facilitate purchase transactions and the sales of primary materials for production.

The MIT will identify different groups of preferential products and kinds of incentives.

People can be given with direct incentives (loans with preferential interest rates, installment purchase, deferred payment with interest rate) and poor households with purchase cards.

With mortgages, rural residents can receive preferential loans to satisfy their purchase demands.

By Hạnh Uyên