(VOVWORLD) -National Assembly deputies on Friday requested the Government to take countermeasures to stabilize the macro-economic situation, control inflation, balance state budget revenues and expenditures, and ensure national financial security and major balances in unfavorable conditions.
 The 4th session of the 15th National Assembly. Photo: quochoi.vn
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Closing a 2-day discussion on socio-economic performance, National Assembly Vice Chairman Nguyen Duc Hai said:“To achieve goals, solutions should be adopted to remove difficulties for production and businesses to stabilize the prices of goods, especially essential commodities such as electricity and petrol, ensure smooth operation of the capital market, stabilize the money, securities, corporate bonds, real estate, and labor market. It’s imperative to improve disbursement of public investment capital, especially with three national target programs.
"Other solutions are needed to effectively implement the program on socio-economic recovery and development and epidemic prevention and control, stabilizing people's lives and ensuring social security,” he said.
 National Assembly Vice Chairman Nguyen Duc Hai delivers a speech concluding the discussion session. Photo: quochoi.vn
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Governor of the State Bank Nguyen Thi Hong clarified the management of interest rates and exchange rates, saying 2022 saw much more difficulties than projected at the end of 2021 and the inflation trend drags on in countries around the world. Vietnam’s main goal remains controlling inflation and stabilizing the macro-economy, she said.
“The State Bank has been proactive, flexible and determined that the focus now should be the banking system's stability and be ready to provide liquidity to meet the payment needs of credit institutions. The State Bank must allow the exchange rate to fluctuate more flexibly because forex market stability is very important for foreign investors,” Hong said.
 Governor of the State Bank of Vietnam Nguyen Thi Hong explains monetary policy. Photo: quochoi.vn
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Finance Minister Ho Duc Phoc said that the Ministry will propose to amend the Law on Enterprises, the Law on Securities and related decrees to strictly control, ensure transparency and create a medium and long-term capital market for production and business development.
Addressing the National Assembly, Deputy Prime Minister Vu Duc Dam mentioned human resources of the health and education sectors and said Vietnam’s post-COVID recovery indicators are among the highest the world. Vietnam has a basis to take drastic measures to continue growing faster to make up for the past two years of the pandemic, he said.