The State Bank of Vietnam (SBV) is required to operate monetary policy proactively, flexibly and effectively.
Prime Minister Pham Minh Chinh has just signed Directive No. 05/CT-TTg dated March 1, 2025 on key tasks and solutions to promote economic growth and accelerate public investment disbursement, ensuring the national growth target of 8% or more in 2025. The Directive has set out groups of key tasks and solutions to promote economic growth and accelerate public investment disbursement.
In particular, focusing on drastic, synchronous and effective implementation of the Resolutions and Conclusions of the Central Committee, Politburo, National Assembly and Government, promoting the effectiveness of new and breakthrough mechanisms, policies and regulations that have been issued, removing obstacles and immediately releasing resources of the economy. The Government continues to assign the Ministry of Finance to consult and submit solutions on tax, fee, charge and land rent exemption, reduction and extension before March 15. In addition, building breakthrough mechanisms and policies to develop the private economy.
The State Bank of Vietnam (SBV) is required to operate a proactive, flexible and effective monetary policy. In addition, it is necessary to reduce the lending interest rate level, creating conditions for people and businesses to access loans at reasonable costs, cheap capital to restore and develop production and business, and promote economic growth. The Prime Minister also requested strict handling of violations, especially credit institutions that compete unfairly and against regulations on interest rates. In the coming time, the Prime Minister requested ministries, branches and localities to continue to prioritize time and resources to focus on perfecting institutions, mechanisms, policies and legal regulations; administrative reform, and cutting business conditions to save costs for people and businesses. The Ministry of Finance is assigned to drastically implement solutions to synchronously develop the financial and capital markets. By 2025, strive to complete the goal of upgrading the stock market.
The Head of Government also noted the task of promoting the disbursement of public investment capital, taking public investment as the leader, activating and attracting all social resources. Accordingly, strive for the disbursement rate of public investment capital in 2025 to reach at least 95% of the plan assigned by the Prime Minister. At the same time, strive to complete key transport infrastructure projects early; link the disbursement of public investment capital with the responsibility of the head. In the directive, the Prime Minister assigned specific tasks to each ministry and branch according to their assigned functions and powers to promote private investment, attract FDI; effectively exploit the domestic market, develop e-commerce and attract tourists; promote sustainable exports; strongly promote new growth drivers, breakthroughs in science and technology development, innovation, digital transformation, high-quality human resources, etc.
Source: https://nld.com.vn/giai-phong-nguon-luc-de-dat-muc-tieu-tang-truong-8-tro-len-196250302211529371.htm
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