On the morning of March 2, in the conclusion of the regular Government meeting, Prime Minister Pham Minh Chinh highly appreciated the achieved results in the past time, thereby creating new motivation, new momentum, and new inspiration to continue promoting the work in March and the following months.
The Prime Minister pointed out the existing shortcomings and limitations such as the production and business situation in some enterprises still facing many difficulties; the industrial production in some sectors, some places recovering slowly; some service sectors, especially catering and entertainment, have not recovered clearly. The real estate market has been gradually handled but still slow. Non-performing loans are tending to increase. Although the interest rate for loans has decreased, it is still high.
Prime Minister speaks at the conclusion of the regular Government meeting. Photo: Nhat Bac.
Regarding the tasks and solutions in the coming time, the Prime Minister requested proactive, flexible, timely, and effective management of monetary policies; coordinated, harmonious, and close coordination with expanded, reasonable, and focused fiscal policies and other policies.
The State Bank will continue to implement measures to reduce lending interest rates and soon submit amendments to the Government’s Decree on gold market management.
In the financial sector, the Prime Minister requested resolutely increasing revenue and budget expenditure savings. Focus on deploying the use of e-invoices, especially in catering, services, and retail petroleum business. “Decisively in this March, if petroleum stations do not use e-invoices, revoke their permits,” the Prime Minister requested.
Regarding exports, the Prime Minister requested consolidating traditional markets, expanding new markets; effectively implementing FTAs; and urging China to soon lift the ban on importing poultry from Vietnam.
In the field of public investment, the Government’s leaders paid attention to early allocating the remaining VND 33,500 billion, striving to achieve a minimum disbursement rate of 95% for the whole of 2024. More resolutely implementing national target programs. Urgently completing the formulation, appraisal, and approval of the remaining plans and 5 regional plans.
In addition, the Prime Minister also noted to continue handling prolonged outstanding issues; improving plans to handle weak and lingering projects such as Vietnam-China Steel, Thai Nguyen Iron and Steel – Phase 2, Dung Quat Shipbuilding, Southern Pulp… Preparing to implement a new salary regime from July 1. Urgently completing and submitting authorities for the national target program on cultural development; focusing on the development of cultural industry.
