This is one of the contents in Resolution 154/NQ-CP dated May 31, 2025 of the Government on the main tasks and solutions for implementing the Socio-Economic Development Plan and state budget estimates with a growth target of 8% or more in 2025.
The Government's Resolution clearly states that priority is given to strongly promoting economic growth associated with maintaining macroeconomic stability, controlling inflation, ensuring major balances of the economy and having high surpluses. The Government requires close, synchronous, harmonious and effective coordination of policies; in which monetary policy is managed proactively, flexibly, promptly and effectively; manage reasonable, focused and key expansionary fiscal policies, support production and business, and promote growth drivers.
Continue to closely monitor the world and domestic situation to flexibly, promptly and effectively manage monetary policy tools to contribute to promoting economic growth in conjunction with maintaining macroeconomic stability, controlling inflation, ensuring major balances, ensuring safe banking operations and the system of credit institutions; continue to implement tasks and solutions on interest rate management, exchange rates, credit growth; regularly monitor and closely monitor deposit and lending interest rate developments of commercial banks.
Management credit growth in line with economic growth goals and controlling inflation, ensuring safe operations of the banking system; in which, study and assign additional credit growth targets to banks according to authority.
Direct credit institutions to direct credit to production and business sectors, priority sectors, economic growth drivers, credit for feasible key projects and works; strictly control credit for areas with potential risks; continue to reduce costs, increase the application of information technology, simplify administrative procedures, restructure, reorganize the apparatus, strive to reduce lending interest rates; review and reduce lending procedures to promptly meet credit capital for projects and fields that create growth momentum, especially green growth.
The Government's Resolution also clearly states the strengthening of inspection, examination and close supervision of the activities of credit institutions, including credit granting activities of credit institutions; promptly and strictly handle violations, especially credit institutions competing for unhealthy and unregulated interest rates.
Actively implement the credit program of 100,000 billion VND for the agriculture, forestry and fishery sector; continue to direct credit institutions to research and have preferential credit packages and give young people under 35 years old to buy houses. Closely monitor the gold market, deploy gold market management solutions according to legal regulations, safe, healthy and effective.
