Keeping the economy on the right track

(VOV) - Cabinet members have focused their discussions on a score of measures to steer the national economy in the right direction in line with the set targets.

Prime Minister Nguyen Tan Dung on February 28 chaired a regular cabinet meeting to review the socio-economic performance in February and the first two months of this year and debate other important issues and how to deal with epidemics and alleviate obstacles for the market.

In the first two months of 2014, ministries, sectors and localities have actively implemented National Assembly (NA) and Government resolutions and instructions on market price stabilization.

Cabinet members said abundant supplies of commodities and services contributed to stabilizing market prices after the lunar New Year Festival (Tet) and preventing price fevers.

February’s consumer price index (CPI) saw a 10 year low record of 0.55% from a month earlier while exports, agricultural and industrial production value posted high growths against the same period last year.

Material and spiritual attention has been given to people credited with revolutionary services, families of social policy beneficiaries, poor households and people living in remote and mountainous areas.

However, prolonged cold spells and widespread cattle and poultry epidemics have adversely affected husbandry activities and people’s lives.

Despite the traffic situation keeping under control, the number of serious traffic accidents remained high during and after Tet.

Many enterprises were still facing difficulties in production and business operations.

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