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PM urges close watch for signs of inflation
Thursday, 04 March 2010
Prime
Minister Nguyen Tan Dung urged ministries and localities to closely watch
prices, especially on essential goods, to prevent the reoccurrence of high
inflation and speed up economic recovery.
At the regular February
government meeting on March 2-3, PM Dung emphasised tasks for socio-economic
development for now through the end of this year, urging the facilitation of
production and business to promote development investment.
The industrial production value rose by 13.6
percent in the first two months of this year against the same period of last
year despite the week-long traditional festival that affected production and
business, said a report presented by Minister of Planning and Investment Vo
Hong Phuc.
The number of foreign tourists to Vietnam is
estimated at 877,000 in the reviewed period, up 27.4 percent. The number of
telephone subscribers rose 61.8 percent to 138 million, the report said.
However, socio-economic development over the past
two months saw weaknesses. Total export turnover only reached 8.913 billion USD
while import turnover was estimated at 10.658 billion USD, leading to a high
trade deficit of 1.745 billion USD or 19.6 percent of the total export
turnover.
The consumer price index (CPI) went up 3.35
percent in the last two months and stood 8.04 percent higher than the same
period last year.
Also, a forest fire at the HoangLienNational
Park in the northern
provinces of Lao Cai and Lai Chau destroyed about
1,000 ha of forests.
To meet this year’s socio-economic targets adopted
at the sixth session of the National Assembly (tenure XII), the government
asked ministries, branches and localities to take eight groups of solutions,
focusing on the comprehensive implementation of measures and programmes on
macro-economic stability.
At the meeting, the government gave opinions on
the Ministry of Planning and Investment’s project on renewing and pushing up
economic restructuring for the 2011-2020 period, improving the capacity, effectiveness
and competitiveness of the economy.
It offered feedback as well to the Ministry of
Construction’s document on common planning for construction in Hanoi through
2030 and vision a for 2050, and the State Appraisal Council’s assessment of
investment in a project on construction of the North-South express railway, and
some draft laws and decrees./.