The PM noted that the world economy is facing numerous difficulties due to a growth slowdown and soaring inflation. The central banks of the US, the EU, the UK, and Japan have also moved to hike interest rates and appreciate their currencies, which has substantially affected other countries, including Vietnam

The Government's law-building session on September 22.

In the context, he asked ministries, sectors and localities to show strong performance in implementing Decree 15/CT-TTg on maintaining macro-economic stability, reining in inflation, promoting development and ensuring major economic balances.

He underlined the need to manage the monetary policy in a cautious and steady manner, ensuring its activeness, flexibility and efficiency, along with an open, reasonable and efficient fiscal policy.

The PM requested the Ministry of Planning and Investment to keep a close watch on the situation to make timely policy responses, while working to speed up the public investment capital disbursement for three national target programmes and the economic recovery and development programme, and promote investment.

The ministry was directed to ensure the security and safety of currency, credit, finance, public debt, food, energy and information, while reviewing and completing institutions, mechanisms and legal policies to remove obstacles facing production and business activities.

Meanwhile, the Ministry of Agriculture and Rural Development was asked to ensure absolute food security, speeding up agricultural restructuring and promote exports of farm produce.

The Ministry of Industry and Trade was urged to develop the domestic market and expand international markets, ensuring energy security and striving for trade surplus.

The Ministry of Labour, Invalids and Social Affairs was assigned to make sure that the labour market develops in a sustainable, safe and effective manner, while showing stronger performance in social welfare activities.

The PM also asked media agencies to help promote solidarity and unity in the political system and call for the community’s support for the Party and State’s policies and the Government’s management, contributing to the common efforts to overcome difficulties.

Foreign business representatives recommend solutions to promote Vietnam's development

Representatives from foreign-invested businesses and business associations frankly pointed out shortcomings and obstacles, and proposed solutions to promote development in Vietnam at a hybrid meeting with Prime Minister Pham Minh Chinh on September 17.

Vietnam introduces business environment in Japanese prefecture

A forum discussing Vietnam’s business environment was held in Japan’s prefecture of Kanagawa on September 9.

Bac Giang ensures labour safety and hygiene in business

(BGO) – The Department of Labour, Invalids and Social Affairs (DoLISA) in Bac Giang province has issued Correspondence to urging businesses and cooperatives in the province to ensure labour safety and hygiene as well as prevent work accident and occupational disease in the provincial companies.

Vietnam, Russia hold business dialogue at EEF 2022

A business dialogue between Vietnam and Russia took place in the Russian city of Vladivostok on September 6 within the framework of the ongoing 7th Eastern Economic Forum (EEF).

Positive signs from FDI business

(BGO) – Bac Giang province now houses hundreds of foreign direct investment (FDI) businesses, mostly in the industrial parks. They not only exert every effort in production and business to highly contribute to the provincial budget but also actively participate in social activities toward the community life.

Source: VNA