Hanoi (VNA) – Priority should continue to be given to maintaining macroeconomic stability, controlling inflation, spurring growth and ensuring major balances of the economy, Prime Minister Pham Minh Chinh said at the Government’s February meeting on March 3 in Hanoi.

The PM urged ministries, sectors and localities to focus onthe planning work, promote the disbursement of public investmentcapital and land clearance for large projects, especially national key projects, push ahead the implementation of the socio-economic recovery programme and three national target programmes, remove difficulties for production and business, while bolstering cultural, social development, environmental protection and ensuring social security.

The Government leader assigned tasks to ministries and agencies, urging them to continue to drastically and concertedly implement tasks and targets set for 2023 in the Government's Resolution 01. 

The State Bank of Vietnam was required to implement monetarypolicy proactively, flexibly and effectively, while coordinatingreasonable fiscal policy and other policies to maintain macroeconomicstability. The PM also asked it to take appropriate credit solutions to remove difficulties for the realestate market and other markets in general.

TheMinistry of Planning and Investment was urged to speed up the disbursement ofpublic investment, roll out measures to create favourable conditions for peopleand businesses, and improve the business and investment environment.

The PM asked the Ministry of Construction to expeditiously finalise a government resolution on removing difficulties for the real estatemarket; and coordinate with localities to remove planning problems andobstacles to specific projects, especially those related to the building of 1 millionsocial housing units.

Meanwhile, the Ministry of Agriculture and Rural Development was tasked with promoting production and ensuring food and foodstuff for domesticconsumption and export; pushing ahead with measures to get the EC's "yellow card" on illegal, unreported and undocumented (IUU) fishing removed;and boosting export of farm produce.

The Ministry of Labour, Invalids and Social Affairs was instructed to work to ensure labour supply-demand balance, and support employees who losttheir jobs.

The Ministry of Health was requested to thoroughly solve difficultiesand obstacles in bidding and procurement ofdrugs, medical equipment and supplies.

Meanwhile,the Ministry of Culture, Sports and Tourism must work hard on promoting tourism and speeding up negotiations to expand new tourism markets, especially theChinese market.

The PM also underlined the need for State-ownedenterprises to enhance development investment, especially new projects withlarge scale and applied modern technologies, and those related to digitaltransformation, green transformation, circular economy, climate changeadaptation.

At the meeting, Government members agreed that the socio-economic recovery had continued in February, with positive signs in production and business, such as the PMI increasing to 51.2 points in February and the Index of Industrial Production rising 5.1% from January. However, difficulties and challenges are growing, requiring proactive, strong, accurate and timely governance solutions./.