Ministries and localities urged to fulfill socio-economic goals

Minister of Finance Vu Van Ninh sent a document to ask ministries and localities to implement financial and state budget tasks in 2010, as there have been positive changes in economic growth, mostly in the fields of industry, agriculture and service early this year.

Mr Ninh said the MoF has co-ordinated with relevant ministries, agencies and localities to monitor the development of market price in the country and the world, and in devising timely measures to stabilize prices under the regulations.

The MoF also predicted the demand for production and consumption to make a suitable plan for each locality.

Minister Ninh also asked ministries to control and supervise activities of securities companies, investment funds and insurance companies to avoid financial risks. Besides, it is needed to control, monitor and predict investment capital inflows to encourage foreign investors to make long-term investments in Vietnam,” he said.

Under the document, relevant ministries and localities are also asked to take measures to improve the efficiency of production and business activities, co-ordinate with taxation and customs sectors to collect taxes in a timely manner, strengthen supervision on sources of revenues, and control the state budget’s spending effectively.