Ministries and sectors need to keep a close watch on the market developments and roll out measures to ensure domestic supply-demand balance and stabilise prices, especially given the pressure from the implementation of the market roadmap for State-managed products which were delayed in recent time, rising costs of imported materials and sea shipping, and wage reform.
Competent sides must do the same for the strategic goods in the global market as well as regional and international situations so as to give timely warnings of the risks that may affect domestic prices and to propose rational, flexible,and effective solutions and scenarios to relevant administrations.
The Ministries of Industry and Trade (MoIT) and Health, Education and Training, and Labour-Invalids and Social Affairs (MoLISA) are responsible for reviewing, reporting,and proposing a specific roadmap for price adjustments under their authority, while joining hands with the Ministry of Finance (MoF), the General Statistics Office (GSO), and other competent agencies to evaluate the impact on the consumer price index as well as specific goals and scenarios to curb the inflation, and report to the Prime Minister before June 30.
The MoF is requested to work with the Ministry of Planning and Investment, the State Bank of Vietnam, the GSO, and other competent agencies and localities to step up price forecasts and update price management scenarios in a detailed, specific, and timely fashion in the remaining months of the year so as to propose rational measures to keep inflation at 4-4.5% this year to the Government and the Prime Minister.
The Ministry of Information and Communications must coordinate with competent sides to enhance communications work on price listing and the Government’s price management work.
Deputy Prime Minister Le Minh Khai is responsible for monitoring and directing relevant ministries, agencies, and localities to realise the dispatch.
