The official called this a great success, attributing it to the effective price management solutions.

Deputy Prime Minister Le Minh Khai addresses the meeting.

He said that one of the important factors contributing to the completion of price management goal is the close coordination between the Ministry of Finance and other ministries through the Price Management Steering Committee, with helpful advice provided to the Government in major policies and orientations in price management in particular periods.

Right from the beginning of the year, various macro-economic measures were rolled out, including those to ensure the supply of necessities and input materials for production, along with effective petrol price management and the adjustments of tax policies to ease price pressure, he said.

Deputy PM Khai noted that in the first 11 months of 2022, the country’s average consumer price index (CPI) rose 3.02% year on year, while the CPI in the whole year is estimate to rise 3.1-3.2% over 2021, which is within the range set by the National Assembly.

At the same time, he also pointed to a number of shortcomings in price management activities in 2022, including the overlapping among legal regulations and the Price Law, a lack of management tools to settle arising issues, and ineffective price analysis and forecast in some cases.

OCOP program creates driving force for rural economic development

(BGO) - The provincial People's Committee issued a Decision on approving the implementation of the "One Commune One Product (OCOP) Program" in Bac Giang province for the 2018-2020 period, with a vision to 2030. The decision was to realise the Prime Minister's Decision, dated June 29, 2018, on approving the "One Commune One Product Program" for the 2018-2020 period. 

Seven NGOs awarded PM’s certificate of merit for contributions to Vietnam’s development

Seven foreign non-governmental organisations (NGOs) on December 22 were granted the Vietnamese Prime Minister’s certificate of merit for their contributions to the country’s socio-economic development as well as its Covid-19 prevention and control in the 2020-2022 period.

Conserving relics for tourism development

(BGO)- Bac Giang province is home to a number of ethnic minority groups creating a colourful cultural panorama. The province has thousands of historical and cultural relics including many national and international intangible cultural heritages. Its heroic tradition, diversified culture and favourable traffic are great conditions for the province to boost tourism development.

Brussels Times hails Vietnam as sustained development partner

An article published on Belgium’s brusselstimes.com on December 12 hailed Vietnam as a sustained development partner and destination of foreign investment for the European Union (EU) in Southeast Asia.

International cooperation in vocational education and skill development

(BGO) – On December 9, Bac Giang Vietnam – Korean Vocational College of Technology (VK Tech) inked cooperative agreement on vocational education and skill development in 2023 – 2027 period with Australian College of Tourism and Information Technology (ACTIT) and Ho Chi Minh city based Festo Company Limited (Festo).

Source: VNA