Gov’t urges to control inflation

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Accordingly, the PM urged to improve the investment environment in order to mobilize capital. At the same time, it is necessary to increase the efficiency of the investment capital use, particularly in public investment projects, stressed the PM.

Ministries, sectors and local authorities were required to closely work together in implementing monetary policies seriously and flexibly, tightly managing expenditure to reduce budget overspending, properly applying policies on salary, investment, and import-export.

The PM pointed out that financial, monetary and credit policies must facilitate the healthy development of real estate market. Real estate speculation must be prevented through credit control, tax policies and necessary administrative measures.

The PM also urged to restore and develop the stock market soon.

The State Bank of Việt Nam, Ministries of Finance, Industry and Trade, Construction, Planning and Investment, and the State Securities Commission were ordered to regularly provide the public with updated information of finance, currency, securities as well as solutions to control inflation and price increase.

By Nguyên Phương