On the morning of August 5, Deputy Prime Minister Ho Duc Phoc chaired a meeting of the Steering Committee for Price Management, evaluating the results of price management and operation in the first 7 months of the year, and orienting price management in the remaining months of 2025.
Concluding the meeting, Deputy Prime Minister Ho Duc Phoc emphasized that price management is extremely important, because if inflation is not effectively controlled, growth results will not have much meaning for people's lives and production and business activities of enterprises.
Strengthening price management and operation in a reasonable manner to promote rapid and sustainable growth is a mandatory requirement.
The Deputy Prime Minister requested ministries, branches and localities to pay close attention to the developments of essential goods, associated with people's lives and business operations, especially petroleum; electricity; rice, meat, etc. to prepare appropriate management and operation solutions.
The Deputy Prime Minister requested the Ministry of Construction and the Ministry of Agriculture and Environment to coordinate with the provinces to have fundamental and synchronous solutions to manage the real estate market to operate healthily and in accordance with people's lives.
The Government leaders also gave specific opinions on the following contents: money supply management, stabilizing the exchange rate of the Vietnamese Dong to the USD; electricity price management; construction material prices and input material prices for production...
In the coming time, the Deputy Prime Minister emphasized the need to focus on synchronously implementing solutions, striving to keep CPI at the most reasonable level to promote economic growth; by October 2025, ministries and branches will develop a price management plan for items under their management in 2026 to have a proactive management plan.
At the same time, deploy measures to closely monitor fluctuations in domestic market prices, especially for essential consumer goods and services.
Proactively and flexibly take measures to regulate supply and demand and stabilize the market to ensure production, meet social needs, prevent shortages and price fevers, contribute to curbing inflation and ensuring social security.
Requesting ministries, branches and localities to closely monitor the supply and demand developments and market prices of items under their management to take appropriate management measures.
Proactively forecast and have plans to ensure supply-demand balance, especially during times when the market has high demand for essential goods such as gasoline, construction materials, food, food, agricultural supplies, transportation services, etc. to prevent shortages of goods and disruptions in goods sources that cause sudden price increases.
Strengthen effective implementation and supervision of measures to declare prices, list prices; publicize price information; strictly handle unreasonable price increases that cause market instability.
Continue to promote information and propaganda work, ensure timely and transparent information on prices and price management of the Government and the Steering Committee for Price Management, especially price developments of important commodities, essential goods related to production and people's lives to limit increased inflation expectations, stabilize the psychology of consumers and businesses, especially at times that coincide with holidays in the year.
