PM askes for solutions to promote financial, corporate bond, real estate markets
Prime Minister Pham Minh Chinh on April 25 asked ministries and sectors to optimise all tools to remove difficulties facing the financial, corporate bond and real estate markets, thus pumping in more resources and promoting major growth in consumption, exports and investment.
Prime Minister Pham Minh Chinh addresses the meeting (Photo: VNA)
Hanoi (VNA) – Prime Minister PhamMinh Chinh on April 25 asked ministries and sectors to optimise all tools to removedifficulties facing the financial, corporate bond and real estate markets, thuspumping in more resources and promoting majorgrowth in consumption, exports and investment.
Addressing a cabinet meeting, PMChinh requested the State Bank of Vietnam, the Ministry of Finance and the Ministryof Construction to effectively implement issued documents and settle legalobstacles for the three markets and supervise the implementation process.
Specifically, they were requested to support the financialmarket, guide and supervise the implementation of relevantpolicies among credit institutions, ensure safety of the system, and avoid risksof law violations, while applying interest rate reductions to increase thecapital access and absorption capacity of people and businesses.
For the corporate bond market, it is crucial to design tools, methods andmeasures to provide necessary conditions for bond issuers to pay bondholders inaccordance with the law, said the PM.
Regarding the real estate market, the PMunderlined the need to give capital assistance to businesses to complete worksand projects to bring more products to the market. Alongside, it is necessaryto reform administrative procedures, he said, asking real estate firms to restructuremarket segments and make full use of the 120-trillion-VND (5.10 billion USD) supportpackage for social housing and housing for workers.
An overview of the meeting (Photo: VNA)
The Government leader ordered State-owned commercial banks to guide the financialmarket and support economic development through the reduction of interestrates.
He pledged that the Government will be responsible of maintaining macro-economicstability, controlling inflation, promoting growth and ensuring major economicbalances, while applying proper fiscal and monetary policies.
PM Chinh also assigned specific tasks toparticular ministries and sectors to continue cutting administrativeprocedures, completing planning design, settling obstacles in land, andspeeding up public investment disbursements.
He also asked for the adjustments of the 2%interest rate support policy and the consideration of the reduction andextension of taxes and fees, as well as the finalising of a report on impactassessments and plans to apply the global minimum tax./.
All problems can be solved with trust, sharing, listening, understanding and companionship, stated Prime Minister Pham Minh Chinh on April 22 while a meeting with foreign investors to listen to their opinions and seek measures to remove difficulties facing them.
Prime Minister Pham Minh Chinh held a working session with the State Bank of Vietnam (SBV), the Ministry of Finance and the Ministry of Justice on April 22 to review and step up the issuance of two important circulars related to the finance-banking sector.
Deputy Prime Minister Le Minh Khai has emphasised the need to clear all roadblocks and clarify the responsibilities of the persons concerned to accelerate public investment disbursement.
Prime Minister Pham Minh Chinh on April 25 presided over a meeting between standing members of the Government and ministries and sectors on solutions to address difficulties and promote production and business.
Known as the “four pillars for Vietnam’s ascend”, the Pobiburo's Resolutions 57, 59, 66, and 68 focus on cultivating a robust national entrepreneurial spirit, unlocking resources for innovation across society, and accelerating the development of digital economy, knowledge-based economy, green economy, and circular economy, propelling Vietnam forward rapidly and firmly on the path of modernisation and international integration.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
Prime Minister Pham Minh Chinh addresses the meeting (Photo: VNA) 
An overview of the meeting (Photo: VNA) 
