PM asks for tighter price, market control

Prime Minister Nguyen Tan Dung has urged for tighter control of price and market.
Prime Minister Nguyen Tan Dung has urged for tighter control of priceand market as well as combating contraband and low-quality goods as theNew Year is approaching.

Chairing the monthlyCabinet meeting on December 1 in Hanoi, the PM requested ministries,sectors and localities to continue speeding up economic restructuring inline with changing growth model, while boosting the re-arrangement andequitisation of State-owned enterprises as planned.

He asked for more efforts to stabilise the macro economy, removebusiness obstacles, and hasten the process and disbursement of projects,especially those involved in infrastructure.

Inface of a constant decrease of the world’s crude oil price, theGovernment leader urged the Finance Ministry to study and calculateState budget incomings in order to avoid a deficit.

Meanwhile, the State Bank of Vietnam was requested to implementconcerted measures to deal with bad debts, and re-organise creditinstitutions, making it easier for businesses to access loans.

The PM asked ministries, sectors and localities to takeresponsibility for effectively implementing administrative reform,particularly administrative procedures, and improving business climate.

They were also urged to strengthen inspections over law enforcement and corruption and wastefulness prevention.

The Government leader stressed the need to focus on sustainablepoverty reduction, new-style rural areas programme and job generation.

He also asked for concerted measures to combat social crimes, and ensure social order and traffic safety.

During January-November, the macro economy continued to bestabilised, while growth recovery was seen in all fields. GDP growth washigher than that of the two previous years and is expected to exceedthe set target of 5.8 percent.

In the period,inflation was kept under control, consumer price index (CPI) increasedby 4.3 percent, while index of industrial production rose by 7.5percent, and FDI disbursement increased by 6.2 percent.-VNA

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