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Jan 31, 2016 / 14:28

Strengthening measures to stabilise the upcoming Tet market

The Government held its regular press briefing in Hanoi on January 29 under the chair of Prime Minister Nguyen Tan Dung.

At the meeting, members of the Government has set out the action plan to strengthen the implementation of measures to stabilise prices, the market, preparing for the People to welcome the upcoming Lunar New Year (Tet) economically and safely.
Chairman of the Government Office Minister Nguyen Van Nen said the statement heard by Prime Minister Nguyen Tan Dung at the meeting highlighted the national socio-economic situation with positive changes.
The Prime Minister asked ministries to promote the achievements, and drastically implement targeted solutions.
Prime Minister Nguyen Tan Dung requested ministries and localities to focus on solving difficulties, facilitate the development of manufacturing enterprises, business, and maintain the national macro-economic stability.
The Prime Minister also required the Ministry of Industry and Trade to closely monitor market movements of supply and demand of goods, prepare the essential consumer goods to supply people sooner with reasonable prices and good quality.
In particular, the Prime Minister instructed a close follow of the weather developments to take measures timely supporting enterprises and citizens in case the cold weather damage affects production, sale and manufacturing operation  of agriculture.
At a press conference, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh said due to the recent severe cold weather, 9,000 cattles and 43,000 poultry died, and about 27.000ha of crops were damaged.
The ministry asked localities to support local people in advance, and the Government will support the next, the Deputy Minister said.
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Relating to electricity prices, Deputy Minister of Industry and Trade Do Thang Hai said the ministry has not received any proposal on the matter from the Electricity of Vietnam. The Deputy Minister affirmed that the ministry has no plan to change electricity price in the immediate future, adding that oil-fuelled generation of electricity accounts for less than 1% of total output so fluctuating oil prices do not impact electricity prices. 
Answering about 30,000 billion VND-credit package to support the real estate market, Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong affirmed that the Government will maintain this credit package to June 1, 2016.
In this year, banks may re-launch this credit package to assist low-income people having the capital access, Deputy Governor Hong added.