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Foreign exchange reserves Vietnam grew by more than $ 4 billion in January

On January 31, Prime Minister Nguyen Xuan Phuc chaired regular government sessions in January 2019.

Speaking here, the head of government confirmed a positive trend in the first month of 2019. However, in the context of a complicated international situation, the government has demanded that all levels and sectors are "absolutely non-subjective because the openness of the Vietnamese economy is too large".

The State Bank is required to operate flexibly, efficiently and neatly in monetary policy, rates and interest rates with other macro and fiscal policies; consistent implementation of inflation control, macro stability, promotion of growth.

The Ministry of Finance additionally tightened the discipline of the state budget, aimed at preventing revenue loss, transferring prices and not paying taxes.


Prime Minister Nguyen Xuan Phuc spoke at a government session on January 31. Photo: VGP

The Ministry of Industry and Trade is synchronously and efficiently implementing solutions to promote export and import control in accordance with the set goals. "In 2018 we had a trade surplus of about $ 7.5 billion, there is no reason to trade deficit in 2019, but there must be a solution because this big FDI is an easy trade deficit," the prime minister said. The idea and the Ministry of Industry and Commerce submitted a motion on trade disputes in general, and a trade dispute between the US and China has affected attracting foreign investment to Vietnam.

He said that he would be chairing a permanent government meeting immediately after the Thorese to decide on some issues for the Ho Chi Minh – Trung Luong – My Thuan – Can Tho motorway to ensure that the road is rapidly entering into operation, serving the development of the Mekong delta.

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