Gov’t releases monthly resolution

VGP – The Government has recently issued a resolution on its monthly meeting for September.
The resolution highlights the necessity to strengthen analysis and forecasts to minimize impacts of trade wars; strengthen investigations into textbooks; and carry out prevention of “black credit.”

The Government tasks ministries, agencies, and localities to keep a close watch on domestic and international situations; implement resolutions especially Resolution 01/NQ-CP; and better the business and investment environment.

Perfecting analysis and forecasts

The Government asks ministries, agencies, and localities to supervise price and market developments; and control inflation especially at the year end. 

The State Bank of Viet Nam was asked to keep a close watch on the monetary and financial market; stabilize the macro-economy; and control inflation. 

The Ministry of Planning and Investment was asked to perfect the Law on Public Investment (amended); speed up progress of public investment disbursement; timely perfect the National Strategy on the Fourth Industrial Revolution.

The Ministry of Finance was assigned to restructure State budget; reduce regular spending. 

Mitigating trade war impacts

The Government tasks the Ministry of Industry and Trade to restructure industries towards higher scientific contents and added values; minimize impacts of the U.S.-China trade war. 

The Ministry of Transport is responsible for rushly perfecting investment procedures of national transport projects and accelerating disbursement progress of key transport projects. 

The Ministry of Agriculture and Rural Development was assigned to restructure the agricultural sector; focusing on processing, preservation, export, building of value chains for agricultural products./.

By Kim Loan

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