Gov’t eases regulations on loan guarantee

VGP – The Government has tasked the Ministry of Transport to coordinate with relevant ministries, agencies and Ha Noi and Ho Chi Minh City to review 10-year implementation of the Resolution No. 16/2008/NQ-CP dated on July 31, 2008 on gradual reduction of traffic congestions in the two cities.

Based on the review outcomes, the Ministry of Transport will develop a new resolution and submit to the Government before June 30 this year.

The new resolution must include a series of solutions to ease pressure on the cities, including putting stop to construction of high-rise residential buildings in urban centers, the Government ordered./.

By Quang Minh

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