Keeping a lid on price hikes
Ministries, sectors and localities must take comprehensive measures to control price hikes and closely monitor increasing land and home prices, said Prime Minister Nguyen Tan Dung.
Dung made the request at the Government's regular monthly meeting in the capital city of Ha Noi yesterday.
The leader pointed out a number of major solutions that could be used in the second half of this year to foster socio-economic development, including the adoption of mechanisms and policies that would remove any difficulties hindering production and business activities.
The Ministry of Industry and Trade and the electricity sector needed to work together to ensure sufficient power for production and daily needs, he said.
Dung asked the State Bank of Viet Nam to instruct commercial banks to implement interest rate reduction measures for deposits and loans and make appropriate adjustments to the exchange rates between the Vietnamese dong and foreign currencies.
He emphasised the need to speed up the disbursement of investments, especially capital sourced from the State budget, Government bonds and development investment credits.
Dung also urged ministries and localities to better implement policies related to social security and welfare, particularly for families of war invalids, fallen combatants and revolutionary veterans, as well as those aimed at eradicating poverty in the country's poorest 62 districts.
In response to concerns about Viet Nam's public debts, Dung said they were absolutely under control.
At the one-day meeting, the cabinet members spent a lot of time discussing the nation's socio-economic development in May and the first five months of 2010, as well as major tasks and solutions that needed to be implemented for the rest of the year.
The Government also debated and gave opinions on a report about the impacts of Viet Nam's three-year membership in the World Trade Organisation (WTO).
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