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‘Macro-economic stability, efforts to reach a 6.5% GDP growth, social welfare assurance and inflation control are 4 main issues of the Resolution 18/NQ-CP set out by the government’, Le Thanh Cung, standing vice chairman of the provincial People’s Committee stressed at a conference of launching the Resolution 18/NQ-CP.

Inflation control focused

As planned, to focus on inflation control, the provincial People’s Committee asked the local department of Industry and Trade to check and assess goods market, especially necessary goods so as to timely give useful advices to the Committee for the sake of market price stability.

Many businesses are in dire need of capital for production.

The vice chairman also asked the department to take advantage of tools of market control and supervise price listing of products of steel, cement, brick and so on…

Meanwhile, the local Finance department should cooperate with the mention department and relevant units to conduct measures of specifying selling prices of products under price stability framework. Besides, the State Bank’s Binh Duong branch should timely give instructions to commercial banks so as to excel currency policies for the sake of credit growth and proper payment.

Production and export accelerated

One of measures to spur production and export is to focus on capital source. The vice chairman requested that capital source for export, especially for small and medium enterprises should be given priority.

To accelerate production and export, the local People’s Committee also steered the local department of Industry and Trade to control existing regulations and give advice to it to solve obstacles for businesses. The vice chairman stressed that it is necessary to give more favorable conditions for businesses, especially small and medium enterprises, businesses involving in agriculture industry.  

In addition, the department was also asked to cooperate with commercial counselors and Vietnam Chamber of Commerce and Industry to excel market forecast, helping local enterprises approach market information and create initiatives in production - business and export. In the other hand, the Committee asked to use tax tools flexibly for export goods in a bid to spur exports.

Capital assurance for investment-development

At the conference, the vice chairman affirmed that Binh Duong will focus all sources on investment and development. Initially, priorities will be given to key projects. Besides, the local administration asked to conduct thrift policy to ensure budget.

As planned, the local department of Planning and Investment will check to adjust capital for key projects. In addition, it will check administrative procedures, solve problems of granting investment, business licenses and ect in a bid to boost capital disbursement.

Reported by T.Son – Translated by A.C