Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc said he is looking for the honestrecommendations from experts on issues facing Vietnam’s monetary and financialpolicies, helping the Government come up with prompt actions.

He made thestatement while attending a periodical session of the National Council forFinancial and Monetary Policy Consultation in Hanoi on July 18.

Speaking atthe session, the Government leader lauded economic growth for the first half ofthe year, which was at its highest in seven years, and considered the council ahelpful source of information.

Affirmingthat the Government will not adjust its socio-economic goals set for 2018, herequested public agencies and sectors to step up their reform efforts to meetthe targets.

Phuc askedexperts from the council to provide forecasts on inflation trends for the mid-and long-term, as well as suggest solutions for Vietnam to fulfil its 2018goals.

He toldthem to give their feedback on the completion of the country’s financial andtrade policies, particularly on import-exports, balance of payments, andforeign investment amid the tensions that have escalated between the world’stop economies.

The PM saidit is necessary for experts to make suggestions on exchange rate and interestpolicies, in a bid to control inflation, stabilise macroeconomy, and ensure therealisation of growth targets.

Measures tosustainably develop the real estate and stock markets and to drive growth andprepare for the Fourth Industrial Revolution are also needed, Phuc added.

He requiredexperts to give advice on other aspects such as the management of macroeconomy,finance, currency, and trade and investment to assist the Government withgreater options for future plans.

Opinions atthe session showed that the promotion of the country’s inner strength anddomestic market is key to Vietnam’s growth in the current context.

Participantssaid the work can be done by stabilising interest rates, growing healthy realtyand stock markets, boosting reform, and improving the investment climate, amongothers.

Taking intoconsideration these opinions, the PM stressed the role of the council in theGovernment’s policy-making process to ensure the decided solutions meet reality.

Herequested not to let unexpected and passive conditions taking place in themanagement of monetary policy, adding that the Government is ready to interferein any field to ensure stable growth of the nation.

He asked theGovernment’s office, and relevant ministries and sectors to create favourableconditions for and work closely with members of the council. -VNA