Prime
minister Nguyen Tan Dung laid stress on controlling inflation at a single digit
as one of urgent tasks to be drastically addressed to help the country maintain
a reasonable growth of around 6 percent for the whole year.
Chairing the government's January meeting in
Hanoi on February 4, the government chief continued urging ministries and
localities to work harder to stablise the macro economy and carry out policies
on social welfare, security and defence.
To achieve these goals, the government leader
urged the State Bank to continue carrying out a flexible monetary policy to
ensure the liquidity of the banking system while handling banks with weak
performance, gradually reducing interest rates and keeping foreign exchange
rate stable.
The prices of coal, electricity and petroleum
will be regulated in line with market prices and set roadmap, he said.
According to the PM, ministries and localities
should prioritise agricultural and seafood production to maximise the country's
advantages along with removing difficulties for industrial production and
restructuring public investment.
They need to effectively carry out target
programmes on poverty reduction, especially in areas inhabited by ethnic
minority people as well as vocational training and epidemic control programmes,
pay attention to speeding up Party building work, administrative reform and
corruption prevention, personnel work, and safeguarding security and defence.
PM Dung noted positive socio-economic changes recorded
in January when the entire country had a long Lunar New Year holiday,
mentioning a sufficient supply of commodities, stable prices of essential
goods, secured security and defence, and a decrease in traffic accidents.
However, the prime minister pointed to
problems arisen during the reviewed month, including low growths in industrial
production, exports and investment.
According to Cabinet members, to fulfil
socio-economic development tasks for 2012, the ministries and localities should
focus on solving difficulties for businesses, especially small- and
medium-sized enterprises, and increasing their access to capital sources.
They voiced concerns about traffic safety, the
roadmap of regulating petrol prices under market rules, nomadic life of ethnic
minority people, vocational training and job generation for young rural people,
health care services at the grassroots level, sustainable poverty reduction and
security and order.
In January, Consumer Price Index (CPI) grew 1
percent, the lowest level recorded during Tet in the past ten years. Security
and social order were maintained during the time. However, freezing cold in the
first month of 2012 affected agricultural production in the northern region.
At the meeting, Cabinet members discussed a
draft report summing up the implementation of the 1992 Constitution, and
revisions to some articles of the Tax Law and the Law on Natural Minerals.
VietnamPlus
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Consulting, Investment and Management, focusing three main economic sectors: International PR; Healthcare & Wellness;and Tourism & Hospitality. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programs. Sign up with twitter to get news updates with @SaigonBusinessC. Thanks.
No comments:
Post a Comment