HANOI, June 14 (Xinhua) — Vietnamese Minister of Finance Vu Van Ninh issued a document to ask authorities across the country to implement four major financial and fiscal tasks this year.
According to a report from the Ministry of Finance on Monday, the first task is aimed at tightening state control over prices of coal and electricity and keeping them stable till the end of the year and closely monitoring prices of petroleum products and other input materials.
The second task is that taxation and customs authorities must ensure state budget revenues to increase by five percent of the year\’s target.
Thirdly, state budget spending must be effective and efficient.
As for the last one, Ninh requested ministries, sectors and authorities across Vietnam to coordinate with the finance ministry to keep close watch on the local financial, stock and insurance markets to ensure macroeconomic stability.
Tight supervision over securities, investment funds, and insurance companies will be a must, the report said.
