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VietNamNews

PM asks for New Year price controls

Update: December, 03/2013 - 08:57
PM Nguyen Tan Dung urged ministries, agencies and localities to help firms scale up production and trade in order to keep prices from spiralling as the lunar New Year approaches.— Photo hues
HA NOI (VNS)— PM Nguyen Tan Dung urged ministries, agencies and localities to help firms scale up production and trade in order to keep prices from spiralling as the lunar New Year approaches.

He made the request at a monthly cabinet meeting in Ha Noi yesterday to review January-November socio-economic performance and the five-year implementation of a Party resolution on agriculture, farmers and rural areas.

In the past 11 months, the country saw progress in curbing inflation and stabilising the macro-economy, with falling interest rates and double credit growth compared to the same period last year.

Industrial production was recovering, especially in the processing and manufacturing sectors. Exports gained momentum, lowering the trade deficit, and more foreign direct investment and official development assistance were disbursed.

The government leader also asked ministries, agencies and localities to practise thrift and fulfill this year's State budget plan.

He requested that they act quickly on construction projects and closely oversee the use of investment capital while extending support to storm victims.

Regarding hydro-power projects, relevant agencies must pay attention to resettlement and deforestation and keep the Government updated about the operations of the 268 active plants' reservoirs, the PM said.

During the meeting, Cabinet members discussed a report on the Party resolution on agriculture, farmers and rural areas.

The government leader also asked ministries, agencies and localities to practise thrift and fulfill this year's State budget plan.— VNA/VNS Photo Duc Tam

They said the resolution had proved effective in maintaining the development of agriculture and rural areas and improving farmers' income and living conditions, thus contributing to sustaining the country's economic development and social and political stability.

However, participants pointed out that Viet Nam's agricultural sector faced a number of challenges, the most prominent being that their products were often poor quality and thus not competitive.

They proposed measures to promote agricultural development in the 2014-20 period, focusing on continuing the new-style rural areas programme and boosting investment in rural socio-economic infrastructure.

It is necessary to keep improving living conditions for rural residents, especially those in poor areas, they said, adding that synchronous solutions should be applied to strengthen poverty reduction efforts and increase the quality of cultural, education and healthcare services for people in rural areas.

The restructuring of enterprises in the agricultural sector needs better engagement from private firms and stronger connectivity between businesses and farmers, they said.

Cabinet members also emphasised the importance of strengthening technology research and transfer, as well as human resources training in rural areas. — VNS

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