Hạ Long -

Vietnam Travel

- Halong Cruises - Travel Company In Vietnam - Vietnam Travel Agency - Ẩm thực - Vietnam Tourism -

Travel To Vietnam

- Hotel in halong

Government discusses world financial crisis

Published: 17/10/2008 05:00

0

100 views

VietNamNet Bridge – PM Nguyen Tan Dung chaired a cabinet meeting on Oct. 17 about the ongoing world financial crisis and its impacts on Vietnam.

Photo: VNA
PM Dung said the crisis is spreading with its scale, complexity and consequence swelling much greater than previously forecast, putting the world’s economy on the verge of recession.

While agreeing that the financial crisis has certain impact on the Vietnamese economy, participants said Vietnam is capable of warding off a crisis with better balanced macro-economy, greater reserve of hard currency, and better control of trade imbalance and inflation.

PM Dung urged relevant agencies to keep a close watch on every move of the global crisis to make timely recommendations.

The government must spare no effort to minimize all possible effects of the financial crisis and continue with the prioritised endeavour to curb inflation, whilst taking advantages of every favourable condition for development, he said.

The PM also instructed agencies to pay attention to the safety of the banking system, flexibly adjusting interest rates and essential prices, reasonably using tax instruments, supplying enough capital for production and business.

(Source: CPV)

Update from: http://english.vietnamnet.vn//politics/2008/10/809073/

Provide by Vietnam Travel

Government discusses world financial crisis - Politics - News |  vietnam travel company

You can see more



Halong Cruises

Prev Next

enews & updates

Sign up to receive breaking news as well as receive other site updates!

Ads by Adonline

La Belle Vie Hotel