These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.
Although inflation has been controlled in accordance with the set target, state management agencies and enterprises have stayed vigilant and prepare price stabilisation measures in the remainders of the year.
The Ministry of Industry and Trade (MoIT) has ordered local firms to ensure sufficient supply of goods of affordable prices for the upcoming Tet (Lunar New Year) holiday, as demand on this occasion is forecast to increase 10% from the same time last year.
Prime Minister Pham Minh Chinh on July 31 sent a dispatch to ministers, heads of ministry-level agencies and chairmen of the People’s Committees of centrally-run provinces and cities, asking for strengthened efforts in the management of prices of essential goods and services.
The Ministry of Industry and Trade (MoIT) has said pork must be eligible for price stabilisation due to the high demand for this essential good on the domestic market.
Prime Minister Nguyen Xuan Phuc has issued a directive ordering relevant agencies to enhance management to stablise the prices of essential goods and to ensure social security during Tet festival.