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Submitted by ctv_en_3 on Sun, 03/16/2008 - 15:00
Prime Minister Nguyen Tan Dung called on the State Bank of Vietnam (SBV) to take simultaneous steps to control inflation and achieve high economic growth.

At a working session with SBV key officials on March 15, the Government leader asked the bank to handle the monetary policies in a flexible manner and closely follow monetary market developments and creditors’ operations to deal with emerging problems.


The SBV should tighten inspection and regularly monitor commercial banks’ operations and the monetary market developments, emphasised PM Dung.


He also instructed the banking system to purchase foreign currencies for exporters and work with the Ministry of Industry and Trade to extend stronger support for production and trade so as to balance the supply- demand relations, especially those for production and citizens’ life such as petroleum and fertilizers.

Also on March 15, PM Dung had a working session with the State Securities Commission (SSC). He said stock exchange is fledgling but very important for the national economy, thus pushing the Government to closely follow its developments to take timely solutions to any arising problems.

VOVNews/VNA

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