Priority should be given to the reinforcement of macro-economic stability in 2013, Prime Minister Nguyen Tan Dung said at a two-day video conference on ways to fulfil tasks for the next year between cabinet members and localities nationwide which closed on December 26.

The Prime Minister asked ministries, sectors and localities to keep inflation rate lower and economic growth higher than that of 2012. The task is to keep inflation rate at about 6 percent in 2013.

To meet the targets, he said they need to implement monetary and fiscal policies in a flexible and careful manner, thus helping curb inflation, strengthen macro-economic stability and ensure appropriate growth. In addition, solutions to ensure state budge balance should be implemented in a synchronous and effective manner.

PM Dung also asked ministries, sectors and localities to ease difficulties for production and trade, with a focus on supportive measures to help businesses to access loans.

Credits will be prioritised for the production of export goods and farm produce, and supportive measures will be given out to help businesses clear inventories, settle bad debts and get better access to foreign markets.

Localities were requested to constantly improve their investment environment to facilitate both foreign and local investors.

They were also asked to pay more attention to social welfares and security and the improvement of people’s living conditions as well as administrative reform, fight against corruption and wastefulness, traffic safety, defence of national borders and sovereignty, and other issues.

Dung said the closer coordination in action between ministries, sectors and localities and their drastic, effective implementation of their tasks would realise all targets set for 2013.

At the conference, the PM hailed efforts by the political system and the entire people to achieve positive results in all fields in 2012.

The country basically fulfilled targets for the 2012, curbing inflation, maintaining macro-economic stability with an appropriate growth of 5 percent.

The year 2012 witnessed positive results yielded in the implementation of social welfare policies, poverty reduction, socio-politic stability, defence-security, thus increasing the country’s role and position in the international arena.

However, the PM pointed out shortcomings and weaknesses, which are still remained, including relatively unsound macro-economy, high bad debt level at banks, slow economic restructuring and cumbersome administrative procedures relating to investment.

The situation requires more efforts and resolve from ministries, sectors and localities, he added.

During the two-day conference, cabinet members and local government officials shared the view that priority should continue to be given to macro-economic stability, inflation control, production and business activities, market development and settlement of bad debts.-VNA