Government resolution pursues macro-economic stability

(VOVWORLD) - The Government has consistently controlled inflation, stabilized the macro-economy, and overcome difficulties and shortcomings, to fulfill set targets for this year, according to a resolution at the Government's monthly meeting in May.

The ministries, agencies, and localities are tasked with improving institutions and policies, reducing administrative procedures and business conditions, upgrading the investment and business environments, and facilitating the development of production and manufacturing.   

The Ministry of Planning and Investment has been asked to complete a strategy to attract new Foreign Direct Investment (FDI), especially in high-tech areas, and soon submit to the PM for approval an equitization plan for State-owned enterprises until 2020.

The Ministry of Industry and Trade was asked to take steps to diversify the market, focus on the development of the domestic market, take advantage of signed agreements, and press for ratification of the EU-Viet Nam Free Trade Agreement.