4:42 PM, 07/08/2015

Gov’t releases monthly resolution

VGP – Bold measures for flood control, faster restructuring of weak commercial banks, drafting of economic restructuring planning in  2016-2020, and university entrance exams for the academic year of 2015 topped the agenda of the Government’s regular meeting in July.

Illustration photo

The Government yesterday issued a resolution on outcomes of its regular monthly meeting for July, asking ministries, agencies and localities to continuously pursue  preset tasks stipulated in resolutions of the National Assembly, Resolution 01/NQ-CP, dated January 3, 2015, Resolution 19/NQ-CP, dated March 12, 2015 and other regular monthly resolutions to fulfil goals ahead of schedule.

Overcoming flood consequences

The Government tasks localities and agencies to positively surmount flood consequences in Quang Ninh province and othernorthern localities and support residents to early stabilize lives and actively prepare for natural disasters and epidemics in affected areas.  

The Ministry of Labor, Invalids and Social Affairs shall work with relevant ministries, agencies and localities to propose emergency relief.

Speeding up restriction process at weak banks

The State Bank of Viet Nam is in charge of keeping a close watch on the global and domestic markets to control credits; accelerate restructuring of weak commercial banks; and get bad debts to below 3% by late 2015.

The Ministry of Finance ensures budget balance; proactively responds to oil prices in the global market; and prevent tax avoidance.

Drafting plan on economic restructuring

The Ministry of Planning and Investment shall cooperate with related ministries, agencies, and localities to map out a draft plan on economic restructuring in the 2016-2020 period; consulting the Government before submitting it to the 10th sitting of the 13th National Assembly.  

The Ministry of Industry and Trade takes prime responsibility for disseminating FTAs which Viet Nam signed or is about to sign in order to support enterprises to seize opportunities.

Entrance exams for the academic year of 2015

The Government tasks the Ministry of Education and Training to implement the Action Program in accordance with the Resolution of the 8th Plenum (Tenure 11) on comprehensive innovation of education and training and successfully organize the entrance exams for the academic year of 2015./.

By Kim Loan

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