Commodity prices rise rapidly but fall slowly

PHẠM ĐÔNG |

National Assembly deputies raised the situation of commodity prices increasing rapidly and decreasing slowly, which is still quite common, putting pressure on people's spending.

On the morning of April 21, the National Assembly discussed socio-economic development plans.

Delegate Le Thi Thanh Lam (Can Tho Delegation) said that recently the Government has made great efforts in managing gasoline and oil prices.

The government has curbed gasoline prices, supported people and removed difficulties for production and business activities. The government has reduced budget revenue by about 7,200 billion VND per month to better support people. This is a great sharing of the State to stabilize the market and reduce input cost pressure on the economy.

According to the delegate, the prices of essential goods and services have not been adjusted accordingly. Outside the market, the price level of essential goods and services is still high, and delegates see that travel and transportation costs, food prices, and daily food items at people's markets have not decreased significantly.

The situation of rapid ups and slow downs is still quite common, causing the spending pressure in the daily life of people in general, and workers in particular, not to be reduced as expected," the delegate pointed out the reality and further clarified that each meal of workers is already very simple because salaries are only enough for the minimum living needs.

From that situation, delegates proposed that the Government should pay more attention to the mechanism of transferring prices to transportation, personal income tax, corporate income tax, consumer goods and other essential services.

The delegate said that it is necessary to strengthen inspection of declaration, listing and price adjustment, clarify the responsibilities of intermediaries, and at the same time have measures to deter and promptly rectify the situation of taking advantage of cost fluctuations to unreasonably anchor prices.

Support policies are only truly meaningful when the reduction of input costs is more clearly reflected in people's daily lives," the delegate emphasized.

Đại biểu Nguyễn Duy Thanh phát biểu. Ảnh: Media Quốc hội
Delegate Nguyen Duy Thanh speaks. Photo: Media National Assembly

Delegate Nguyen Duy Thanh (Ca Mau Delegation) said that geopolitical conflicts, especially in the Middle East, are directly affecting energy prices, transportation costs, supply chains and the global financial market.

According to the delegate, the current difficulty does not only come from increased input costs, especially energy, but also lies in the structural limitations of the economy and the business environment.

Therefore, it is necessary to have solutions to unlock capital flows in a substantial way based on thoroughly handling the existing problems of the financial and real estate markets.

According to the delegate, small and medium-sized enterprises face difficulties in technology, management, access to capital sources, and high bank interest rates.

On April 9, the State Bank held a meeting with representatives of 46 commercial banks. Banks have committed to reducing interest rates for people and businesses. That is a very encouraging sign, but in reality, businesses and people reflect that banks only reduce deposit interest rates, and few banks reduce lending interest rates.

From there, the delegate proposed that the State Bank direct banks to fulfill their commitments so that people and businesses have conditions to produce and do business effectively, contribute high to the state budget, contribute to double-digit growth and contribute to the effective implementation of Resolution 68 of the Politburo on private economic development.

PHẠM ĐÔNG
RELATED NEWS

Early arrangement of villages and residential groups, with new regimes for non-specialized workers

|

National Assembly deputies proposed to immediately implement streamlining and arranging villages and residential groups and have a new regime for non-specialized personnel in villages and residential groups.

The base salary is proposed to increase to 2.7 million VND/month from July 1

|

National Assembly Deputy Thach Phuoc Binh proposed increasing the base salary to 2.65 - 2.7 million VND/month from July 1, accompanied by staff streamlining.

Prices rise, workers struggle to manage spending

|

Quang Tri - Prices tend to increase, causing workers to tighten spending and work overtime to manage, while businesses and trade unions are making efforts to support stabilizing life.

Launching Workers' Month in the Textile and Garment industry

|

Ho Chi Minh City - Vietnam National Textile and Garment Union launches Workers' Month and Action Month on Occupational Safety and Health in 2026.

Teachers and students exhausted from chasing achievements and scores

|

Believing that there is still a disease of achievement in education, Delegate Dang Ngoc Huy proposed to change the assessment of students in the direction of valuing competence and substantive progress.

Night-long journey to search for missing male student in Tam Dao

|

Phu Tho - Regarding the case of a male student missing in Tam Dao, functional forces said they have mobilized more than 100 people and flycams to search all night.

10th grade registration in Ho Chi Minh City starts tomorrow

|

According to the plan, from April 22, students in Ho Chi Minh City will officially register their aspirations for 10th grade online.

Tim Cook will resign as Apple CEO

|

Apple announced on April 20 that Tim Cook will resign as CEO in September and hand over the highest position to veteran personnel John Ternus.

Early arrangement of villages and residential groups, with new regimes for non-specialized workers

PHẠM ĐÔNG |

National Assembly deputies proposed to immediately implement streamlining and arranging villages and residential groups and have a new regime for non-specialized personnel in villages and residential groups.

The base salary is proposed to increase to 2.7 million VND/month from July 1

PHẠM ĐÔNG |

National Assembly Deputy Thach Phuoc Binh proposed increasing the base salary to 2.65 - 2.7 million VND/month from July 1, accompanied by staff streamlining.

Prices rise, workers struggle to manage spending

THANH TRUNG |

Quang Tri - Prices tend to increase, causing workers to tighten spending and work overtime to manage, while businesses and trade unions are making efforts to support stabilizing life.