Gov’t meeting discusses socio-economic development

A regular government meeting was held on November 29, presided by Prime Minister Nguyen Tan Dung, to discuss matters relating to socio-economic development.

On the same day, the government office also held a press brief on Decree 71, Song Tranh and Dong Nai Hydropower Plants.

The government decide to halt the implementation of the decree to fine the owner of a vehicle who has failed to carry out procedures for ownership change because of huge public opposition

Vietnam’s Consumer Price Index (CPI) posted above 0.47 percent growth in November 2012. With this new figure, the country’s CPI slumped from 2.2 percent in September and 0.85 in October.

Exports continued to grow, contributing to increase in foreign currency. In the first 11 months of the year, the country’s total export turnover reached US$104 billion, a year-on-year increase of 18.4 percent. Import turnover was around $104 billion, a year-on-year increase of 6.8 percent.

Inventory has also decreased and was lower than in the beginning of the year.

Prime Minister Nguyen Tan Dung has asked all agencies and sectors to keep the macro-economy growing steadily and control inflation and prices of essential commodities such as medicines, dairy products, petroleum and food as well as deal with bad debts and high inventory in the real estate sector.

Related agencies and local authorities have been asked to prepare commodities for the coming Tet Lunar New Year and tighten on smuggled goods.

Vu Duc Dam, Chairman of the Government Office, said the Prime Minister has asked the Ministry of Natural Resources and Environment to assess the environment impact of Dong Nai 6 and 6A Hydropower Plants to the Cat Tien National Park, including how the project will affect the upper and lower reaches of Dong Nai River and on livelihoods of local residents.

With regards to the Song Tranh 2 Hydropower Plant dam, the Prime Minister has asked the Ministry of Construction to hire an international company to assess the plant and based on their report the PM will then issue an objective decision.

Concerning regulations in Decree 71, the owner of a vehicle who has failed to carry out procedures for ownership change will be fined. The government has decided to halt the implementation of the decree because of huge public opposition.

According to a clause in Decree 71, police will penalize anyone for possessing a vehicle that is legally not in the party’s name. The fine was set for VND2-4 million (US$96-192) for motorbikes and VND6-10 million for cars.

As per the clause, a motorbike driver is required to carry the following papers at all times - vehicle registration papers; driver’s license; technical safety and environment inspection certificate; and the motor vehicle civil liability insurance certificate.

Related ministries have been asked to further review the decree and propose adjustments, said Dam

By Phan Thao - Translated by Uyen Phuong

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