February 03, 2023 | 14:29 GMT+7

PM calls for measures to tackle difficulties in property market

Tiến Dũng -

Difficulties in real estate considered a bottleneck for other sectors.

Prime Minister Pham Minh Chinh speaking during the teleconference. Photo: VGP
Prime Minister Pham Minh Chinh speaking during the teleconference. Photo: VGP

Prime Minister Pham Minh Chinh has requested that relevant ministries and agencies continue to take measures to tackle difficulties in real estate, which create a bottleneck that needs to be removed to accelerate the development of other sectors such as corporate bonds.

He called for a meeting this month to discuss solutions for the property market and promptly complete and issue an amended decree on corporate bond transactions in the domestic market and the offering of corporate bonds to international markets.

At a national teleconference with localities on February 2, the government leader stressed that Vietnam will focus its resources on the three growth drivers of investment, consumption, and export.

He asked ministries, sectors and localities to proactively address arising problems and step up three strategic breakthroughs: institutions, infrastructure, and human resources.

He also requested that priority be given to maintaining macro-economic stability, controlling inflation, propelling growth, and ensuring major balances in the economy, and stressed the importance of the adoption of a sound, flexible, and effective monetary policy in close and synchronous combination with fiscal and other policies.

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