(VOVworld) - The Vietnamese Government set detailed tasks for ministries in a recently issued resolution, determining the focus of their activities at the start of 2017.

The Government's regular meeting for January (Photo: VNA)

In a resolution issued following the Government’s regular meeting for January, the Cabinet requested ministries, sectors, and localities to hasten equitising and divesting State-owned enterprises while improving the performance and competitiveness of these firms.

The Ministry of Planning and Investment, the Finance Ministry, the Ministry of Industry and Trade, and the State Bank of Vietnam were urged to keep a close eye on domestic and international economic developments, and coordinate with each other to control inflation, stabilize the macro-economy, and promote growth. The State Bank of Vietnam was asked to make its monetary policy flexible and direct commercial banks to allocate loans in high-priority areas like agriculture and rural development, auxiliary technology, and small and medium-sized enterprises. The government asked relevant Ministries and sectors to speed up industrial and agricultural production to ensure the completion of socio-economic tasks set for this year.