Government urges stable economic growth

The Government on December 7 issued a document on the socio-economic development in the country, asking all ministries, agencies and local authorities to carry out comprehensive measures in a determined manner to push growth and keep macro-economy at a steady pace.

Banks must speed up credit loans for agriculture, aquatic breeding and agro-aqua exports must be given top priority (Photo: SGGP)

The State Bank of Vietnam has been asked to make efforts to develop supporting industries and economies, reduce interest rates on deposits and loans and help control high inflation.

The central bank should have measures to deal with bad debts and submit a proposal to the Prime Minister before December 10.
Banks must re-arrange their structure to speed up operations and credit loans for agriculture, aquatic breeding and agro-aqua exports must be given top priority.
The Ministry of Agriculture and Rural Development should work with other ministries to strengthen countermeasures to push agriculture and aquatic growth.
The Ministry of Construction has been asked to concentrate on removing obstacles in the real estate sector to help lower inventories and resolve issues of social housing for low-income people. Chairpersons of people’s committee in cities and provinces must issue construction certificates to residents who want to repair or build their houses.
The Ministry of Labor, Invalids and Social Affairs must coordinate with local governments to make policies that benefit top welfare groups and those who have contributed in the war for freedom of the country as well as pay special attention to the very poor and impoverished during the coming Tet festive season.

By B. Thu - Translated by Uyen Phuong

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