PM chairs meeting on lending interest rates and corporate bond market
(VOVWORLD) -Prime Minister Pham Minh Chinh emphasized that to quickly recover and sustainably develop the economy, Vietnam must set out appropriate goals, tasks and solutions on continuing to support businesses and people and promote production and business.
 Prime Minister Pham Minh Chinh (Photo: VOV) |
Prime Minister Chinh on Tuesday chaired a meeting between standing members of the Government with ministries on solutions to reduce lending interest rates and the corporate bond market operation.
Mr. Chinh said the Government has incentivized businesses to adapt proactively, recover quickly and develop sustainably. The State Bank has issued two circulars guiding the implementation of solutions to support businesses and people. Thanks to these efforts, the obstacles facing enterprises are gradually removed, the production and business situation is improved.
“We must first use tools of the State and the Bank to continue to capitalize on general strength of the country for development, especially to remove difficulties at this time. Mechanisms should be in place to mobilize resources directly on topics of real estate, capital access, and capital absorption of enterprises."
"Mechanisms and policies are to mobilize resources, create motivation, take public investment to lead private investment, and use State resources to activate and mobilize all social resources,” said Mr. Chinh.