The Government on February 28 convened its regular monthly meeting inHanoi to review this month’s socio-economic issues and work out measuresto effectively implement Resolutions of the National Assembly andGovernment on the 2013 socio-economic development.
Chairing the meeting, Prime Minister Nguyen Tan Dung spoke highly of thecountry’s positive changes in all fields during the first two months ofthis year.
Dung said ministries, sectors andlocalities have taken active measures to implement the government’sresolutions as well as their own plans. In particular, the Lunar NewYear Festival was held in a jubilant, healthy, safe and economicalmanner.
He emphasised that they should continue theefforts to ensure that the Government’s resolutions on thesocio-economic development in 2013 and the removal of difficulties forbusinesses will achieve the desired effects. Resolutions must beconcretised into decisions and decrees so as to come into reality, headded.
Authorities need to focus on measures tosolve difficulties in and support the development of production,business and investment, as well as deal with inventories and expandmarket.
The PM asked ministries, sectors andlocalities to carry out concerted measures to curb inflation, stabilisemacro-economy, and prevent smuggling and human trafficking.
He directed the State Bank of Vietnam to be more determined torestructure the banking system, solve bad debts, reduce lending interestand create favourable conditions for businesses.
Along with economic development, Dung urged ministries, sectors andlocalities to pay more attention to social welfare policies.
At the meeting, Cabinet members agreed that the Prime Minister’sdirections on stabilising price, promoting production, solvingdifficulties in the real estate market and preparing for the Lunar NewYear have gained positive achievements.
InFebruary, lending interest rate in VND decreased slightly compared tolast month’s figure while the foreign currency market remained stable.
In the first two months of this year, disbursement offoreign direct investment was estimated to reach 1.05 billion USD, upby 5 percent from the same period last year.
As ofFebruary 1, the inventory of the processing and manufacturing industriesdecreased 2.8 percent compared to the previous month.
Notably, the February Consumer Price Index (CPI) rose by only 1.32percent from last month and was the lowest in the past four years. Theincrease of 2.59 percent in CPI in the first two months was also a lowrate over the past years.
However, Cabinet memberssaid that the Government must not be subjective and needs to pay moreattention to price control, continue strengthening market management andprice stabilisation, ensure the supply and transport of goods,especially food and food stuff, and limit the sudden rise of price afterthe Lunar New Year festival so as to make the 2013 inflation lower thanthat in 2012.
More drastic measures should be takento deal with difficulties in production and business, reduceinventories, solve bad debts, implement social welfare policies betterand carry out effectively programmes on reducing poverty and buildingnew rural areas, they added.
During the meeting,participants also offered opinions on projects and measures to adapt toclimate change and protect environmental resources and a pilot model onorganising urban authority.-VNA
Chairing the meeting, Prime Minister Nguyen Tan Dung spoke highly of thecountry’s positive changes in all fields during the first two months ofthis year.
Dung said ministries, sectors andlocalities have taken active measures to implement the government’sresolutions as well as their own plans. In particular, the Lunar NewYear Festival was held in a jubilant, healthy, safe and economicalmanner.
He emphasised that they should continue theefforts to ensure that the Government’s resolutions on thesocio-economic development in 2013 and the removal of difficulties forbusinesses will achieve the desired effects. Resolutions must beconcretised into decisions and decrees so as to come into reality, headded.
Authorities need to focus on measures tosolve difficulties in and support the development of production,business and investment, as well as deal with inventories and expandmarket.
The PM asked ministries, sectors andlocalities to carry out concerted measures to curb inflation, stabilisemacro-economy, and prevent smuggling and human trafficking.
He directed the State Bank of Vietnam to be more determined torestructure the banking system, solve bad debts, reduce lending interestand create favourable conditions for businesses.
Along with economic development, Dung urged ministries, sectors andlocalities to pay more attention to social welfare policies.
At the meeting, Cabinet members agreed that the Prime Minister’sdirections on stabilising price, promoting production, solvingdifficulties in the real estate market and preparing for the Lunar NewYear have gained positive achievements.
InFebruary, lending interest rate in VND decreased slightly compared tolast month’s figure while the foreign currency market remained stable.
In the first two months of this year, disbursement offoreign direct investment was estimated to reach 1.05 billion USD, upby 5 percent from the same period last year.
As ofFebruary 1, the inventory of the processing and manufacturing industriesdecreased 2.8 percent compared to the previous month.
Notably, the February Consumer Price Index (CPI) rose by only 1.32percent from last month and was the lowest in the past four years. Theincrease of 2.59 percent in CPI in the first two months was also a lowrate over the past years.
However, Cabinet memberssaid that the Government must not be subjective and needs to pay moreattention to price control, continue strengthening market management andprice stabilisation, ensure the supply and transport of goods,especially food and food stuff, and limit the sudden rise of price afterthe Lunar New Year festival so as to make the 2013 inflation lower thanthat in 2012.
More drastic measures should be takento deal with difficulties in production and business, reduceinventories, solve bad debts, implement social welfare policies betterand carry out effectively programmes on reducing poverty and buildingnew rural areas, they added.
During the meeting,participants also offered opinions on projects and measures to adapt toclimate change and protect environmental resources and a pilot model onorganising urban authority.-VNA
