The Government has tasked the State Bank of Viet Nam to continue
pursuing a flexible and cautious monetary policy and increase preferential
credit for agriculture and rural development, according to a newly-issued
resolution.
The central bank was also requested
to closely monitor credit organizations’ observation of interest rate
regulations and restructure commercial banks in accordance with approved
roadmap.
The Government also asked the
central bank to take measures to deal with non-performing loans and weak
commercial banks.
Socio-economic target for 2013
The overall target for 2013 is
the continuation of strengthening macro-economic stability and preventing the
recurrence of high inflation; achieving proper growth rate and speeding up
economic restructuring...
Specific targets include some 6%
growth, 10 - 12% export revenue increase, budget overspending accounting for
4.8% GDP.
The Government planned to keep
the total investment capital equivalent to 34.5% GDP, consumer price index less
than 7%; create 1.6 million jobs and reduce the poverty rate by 1.5 - 2%.
Objective and comprehensive
evaluation of SOEs
Regarding the Project on
improving the efficiency of State-owned enterprises (SOEs), the Government said
that the project needs to focus on comprehensively and objectively evaluating
the implementation of the Party’s resolutions and Politburo’s conclusions on
SOEs over the past ten years.
The project also needs to figure
out the role, position and efficiency of SOEs as well as their achievements and
shortcomings.
The Ministry of Planning and
Investment is responsible for coordinating with the Office of Government to
finalize the project and report to the Prime Minister before submitting to the
Politburo./.
VGP
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