• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Gov’t pursues macro-economic stability & inflation control

VGP - The Government will continue to give priority to macro-economic stabilization, inflation control, and revitalization of the economy, said Prime Minister Pham Minh Chinh.

July 28, 2022 10:00 PM GMT+7
Gov’t pursues macro-economic stability & inflation control - Ảnh 1.

Prime Minister Pham Minh Chinh

The Vietnamese Government leader highlighted the above priorities on July 28 after the U.S. Federal Reserve enacted its second consecutive 0.75 percentage point interest rate increase to tamp down runaway inflation without creating a recession yesterday.

As the size of imports and exports is equivalent to about 200 percent of GDP, any change even small one in the global market could impact on the domestic economy, the Government leader said.

Given that, the Government chief tasked relevant ministries, agencies, and localities to keep a close watch on the global market, raise forecast efficiency, and make appropriate responses.

Pham also highlighted the importance of COVID-19 prevention work and vaccination rollout, economic restructuring, digital transformation, green growth, circular economy, and climate change response.

The Government will continue to to implement the monetary policy in a cautious, flexible, and effective manner to support enterprises and prevent dollarization and goldization./.