On the morning of January 26th, Prime Minister Pham Minh Chinh, Head of the Government's Steering Committee on Macroeconomic Management and Administration, chaired the second meeting of the Steering Committee. At the meeting, the Prime Minister issued several important directives related to improving institutions, managing macroeconomic policies, and organizing the operation of key markets in the economy.
According to directives, in February, relevant agencies must urgently put into operation a gold exchange; simultaneously, pilot the operation of a cryptocurrency exchange and establish a real estate and land use rights trading center managed by the State. This is part of the group of tasks aimed at building and developing safe, healthy, open, and transparent markets.
Regarding monetary policy management, the Prime Minister requested that interest rates be controlled in accordance with the practical realities and development needs of the economy; prioritizing science and technology, innovation, small and medium-sized enterprises, technology companies, social housing, and other growth drivers. Along with this, he requested maintaining exchange rate stability and increasing national reserves.
The Prime Minister also directed the reform of resource mobilization methods towards openness, transparency, and cost reduction; the development of databases to serve the management and development of Capital markets, stock markets, real estate markets, housing markets, cryptocurrency markets, and gold markets. The commissioning of exchanges and trading centers was required to be carried out on schedule and efficiently.
In the field of finance and investment, the Prime Minister requested the synchronized operation and effective utilization of the International Financial Center in Vietnam; strengthening the attraction of direct and indirect investment Capital , Capital from financial institutions, banks, and investment funds. The Ministry of Finance was tasked with urgently implementing the National Investment Portal under a one-stop mechanism connecting the central and local levels.
Regarding the housing market, the Prime Minister emphasized the need to develop appropriate policies for three segments: commercial housing, social housing, and housing for Medium income earners; increasing supply, simplifying administrative procedures, reducing costs, and developing public transaction centers.
Regarding science, technology, and innovation, the Prime Minister requested the serious implementation of the tasks already set out; focusing on building databases and attracting resources; removing bottlenecks in institutions, laws, mechanisms, and policies; handling outstanding projects; and urgently resolving issues related to FIT prices for renewable energy projects based on the principle of harmonizing interests and Chia risks.
In addition, the Prime Minister requested ensuring national energy security, promoting the development of clean energy and implementing nuclear power projects as planned; ensuring the supply of food and national food security in all situations, while also ensuring food safety and hygiene.
