Domestic Bonds

Prime Minister stresses determination to achieve 2022 targets at highest level possible

In his address to the NA following the last question-and-answer session in Hanoi on November 5, the Prime Minister gave a brief overview of the socio-economic performance of the past 10 months and drew attention to new developments in the world situation, in particular the risk factors.

He stressed the need to pursue the constant objective of stabilizing the macro-economy, controlling inflation, promoting growth and guaranteeing the major balances of the economy.

“We must continue to pursue a prudent and flexible monetary policy in close, synchronous and effective combination with fiscal and other policies, ensuring liquidity and appropriate credit growth as well as banking system safety and monetary security,” did he declare.

Regarding equity, corporate bond and real estate markets, Prime Minister Chinh said that these markets have seen strong growth recently with implicit risks. He said that in addition to stepping up inspection and monitoring and strictly dealing with violations, the government has ordered to amend related regulations and roll out concerted measures to shore up markets and ensure they operate in a manner. transparent, sound and sustainable in accordance with the law.

In the coming years, the government will continue to focus on improving institutions, firstly proposing to the NA to amend securities and enterprise laws, as well as revise relevant decrees and circulars to improve openness, transparency and corporate accountability, the Prime Minister said. . He added that the government will improve the management of land use rights auctions and capital raising by real estate developers, and remove obstacles to the development of industrial real estate and social housing.

Mentioning recently the shortage of petrol in some localities, the Prime Minister said that it was caused by many reasons, including the rapid changes in petrol prices and sources of supply as well as the slow revision of the national rules regarding gasoline trading and the lax coordination and slow response of management agencies. .

He said the government was directing relevant agencies to take prompt policy action to ensure sufficient supplies of gasoline for production and trade.

The head of government also mentioned the disbursement of public investment capital, stressing that the government is drastically directing the correction of weaknesses and the removal of obstacles to speed up the work, towards the objective of disbursing at least 95% of the plan.

He said the government instructed ministries, agencies and localities to review and suggest amendments to relevant laws to ensure the supply of drugs and medical equipment, reduce unnecessary expenditure to pool resources for d ‘other urgent and priority tasks such as wage reform, construction of infrastructure works, social protection and the three national target programs.