Prime Minister Pham Minh Chinh has just signed Directive No. 12 on key tasks and solutions to promote socio-economic development.
The socio-economic situation of our country in the first 3 months of the year continued to recover positively, achieving many encouraging results, creating an important premise to strive to successfully complete the socio-economic development goals and targets for the whole year 2024.
However, as a developing country with a transitional economy and great openness, our country is facing a number of difficulties and challenges, especially from external factors.
Domestically, exchange rate issues and inflationary pressures tend to increase; production and business activities in some industries and fields are still facing difficulties; financial and monetary markets need to be closely monitored and appropriate solutions must be found so as not to affect the efficiency of capital supply to the economy...
The Prime Minister requested to promote and control the healthy, safe and effective development of financial, securities and corporate bond markets; promptly detect and strictly handle violations.
The Prime Minister assigned the State Bank of Vietnam to promptly, flexibly, harmoniously and reasonably manage interest rates and exchange rates in accordance with the market situation, macroeconomic developments and monetary policy objectives. Strictly implement regulations on gold trading management; proactively and promptly implement solutions and tools to intervene in the domestic gold market to ensure a healthy, competitive, stable, public, transparent and effective gold market.
It is necessary to strictly manage and control activities and transactions in the market, promptly and effectively overcome the high difference between domestic and international gold bar prices. Check, inspect and strictly handle negative cases, smuggling and gold price inflation. At the same time, regulate promptly and effectively to meet the foreign currency needs of businesses and people.
The Prime Minister requested ministries, agencies and localities to urgently allocate detailed plans for state budget investment in 2024 in accordance with regulations, to avoid further delays, to ensure focus and key points, not to spread out, to be consistent with implementation and disbursement capabilities and in accordance with legal regulations on public investment.
Strengthen discipline and order in disbursing public investment capital, and have strict sanctions according to regulations for organizations and individuals who intentionally delay the progress of capital allocation, implementation and disbursement of public investment capital.
The Head of Government requested ministries, agencies and localities to tighten discipline and administrative order and improve the effectiveness and efficiency of direction and administration.
The Ministry of Industry and Trade proactively takes measures within its authority and regulations to ensure adequate supply of electricity and gasoline to serve production, business and consumption of people and enterprises, and absolutely does not allow power shortages, shortages or disruptions in gasoline supply in any situation.
The Ministry of Industry and Trade shall preside over and coordinate with relevant ministries and agencies to urgently complete and submit to competent authorities for promulgation before April 30: Mechanisms and policies for direct electricity purchase and sale between power generation units and large electricity users; mechanisms to encourage the development of rooftop solar power installed in private homes, offices, and self-produced and self-consumed industrial parks; mechanisms and policies for the development of gas-fired and offshore and coastal wind power.
The Prime Minister requested the State Bank of Vietnam to urgently complete the compulsory valuation of banks and the compulsory transfer plan for weak banks, and submit them to the Government for consideration and decision.
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