Prime Minister Nguyen Tan Dung has urged cabinet
members to take all necessary measures to curb inflation and bring guest workers
back home from Libya.

At a meeting in Hanoi on March 2, Minister of
Labour, Invalids and Social Affairs Nguyen Thi Kim Ngan presented an update on
the Vietnamese guest workers in Libya and measures to evacuate them from the
North African nation.

So far, 6,198 of 10,482 Vietnamese workers in Libya have been evacuated,
including 2,739 people who have been flown home. More than 3,000 others are en
route to neighbouring nations.

Inflation control was highlighted as the top priority for 2011 to stabilize the
macroeconomy.

The Prime Minister pointed out the need to reduce budget deficits, cut 10
percent of public spending and increase tax collection.

He instructed ministries and responsible agencies to tighten monetary policy,
carefully manage banking deposit interest rates and foreign exchange rates and
build a roadmap against heavy dependence on gold and US dollar value in business
transactions.

Fiscal and monetary policies should be
harmonized, Mr Dung emphasized.

He called on ministries, industries and local
administrations to take firm measures to increase efficiency in production and
business, especially to raise productivity in agricultural production.

“It’s imperative to effectively implement polices
on market prices, including the battle against goods speculation to push prices
up, to accelerate administrative reforms, to make progress in solving petitions
and claims and to ensure social security,” Mr Dung said.

VNN/VOV/Vietnam Plus