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PM seeks experts’ suggestions for plan implementation

VGP – PM Nguyen Tan Dung on Wednesday in Ha Noi met with a group of leading economic experts, seeking measures to fulfill the set socio-economic development plan and State budget estimate.

January 22, 2014 6:09 PM GMT+7

PM Nguyen Tan Dung (center) and economic experts, Ha Noi, January 22, 2014 – Photo: VGP/Nhat Bac

Economists said they approved of the Government’s key goals on macro-economic stabilization, inflation curbing, solutions to business difficulties, growth acceleration, social security, and economic restructuring.

They also proposed the Government early put Resolution 01 on Major solutions guiding and directing the realization of the Plan for socio-economic development and state budget estimate in 2014 into reality.

Some recommended the Government focus on resolving short-term challenges; craft and issue medium and long-term policies on such issues as macro-economic stabilization and public debt.

It is necessary to regulate exchange rates in a more flexible manner; timely remove obstacles on procedures to speed up the equitization of SOEs and the banking system; create more favorable ways for business and people to access credit and deal with non-performing loans.

Some experts suggested drastic measures to accelerate the administrative reform and review the legal system in order to make full use of free trade agreements which Viet Nam has sealed or is going to ink.

Addressing the event, PM Dung highly valued the suggestions raised by domestic experts. 

“The Government determines to realize Resolution 01 and make breakthroughs in price management as well as SOEs privatization,” said PM Dung.

The Government would publicize input factors of petrol, oil, coal and electricity, conduct the restructuring of the banking system especially the settlement of NPLs and cross-ownership, and speed up negotiations for FTAs./.

By Kim Loan