Illustrative image (Source: VNA) Hanoi (VNA) – The Governmenthas affirmed its resolve to pursue the goal of macro-economic stability andinflation control while focusing efforts on addressing existing shortcomingsand limitations in a resolution adopted at its regular meeting for May.
In order to fulfil all targetsset in the plans for 2019, the Government required ministries, sectors andlocalities to take proactive and flexible measures to respond to developmentsin the international and domestic situations, and regularly inspect theimplementation of tasks and solutions set by the Party, National Assembly andGovernment.
Specifically, ministries,agencies and local administrations should push ahead with restructuring theeconomy and sectors and fields under their management, effectively implementingtasks and measures specified in the Government’s Resolutions 01/NQ-CP and02/NQ-CP dated January 1, 2019 and the Prime Minister’s Directive 09/CT-TTgdated April 1, 2019.
They are also asked to continuedrastically streamlining administrative procedures and redundant businessconditions and further improve the business and investment environment.
At the same time, ministries,agencies and localities should also look for new driving forces for growth inthe domains under their management, pilot new development models and multiplytested effective models.
The Government urged the State Bankto continue keeping a close watch of the world financial and monetary marketsand make forecast on possible impacts on Vietnam, while utilizing monetarypolicy tools in a proactive and flexible manner to counter outside impacts.
The Ministry of Planning andInvestment is told to urgently complete a strategy to attract new-generation FDI,with attention paid to solutions to enhance connectivity and technologytransfer between FDI enterprises and their domestic counterparts. The ministryis also required to submit to the Prime Minister the plan on equitisation ofState-owned enterprises nationwide in 2019-2020 before June 15.
The Ministry of Industry andTrade is tasked with devising solutions and scenarios to cope with impacts oftrade disputes and the trend of trade protectionism, and to make full use ofopportunities brought about by signed free trade agreements, particularly theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP),while pushing the ratification of the EU-Vietnam FTA.
The resolution of the Government’sMay meeting also specified tasks for relevant ministries and agencies indealing with the African swine fever and the organisation of the senior highschool examination.
The Government’s regular meetingfor May took place on May 31. -VNA
VNA
