Mobilizing resources, issuing government bonds to invest in key projects
Prime Minister Pham Minh Chinh has just signed and issued Official Dispatch No. 12/CD-TTg dated February 8, 2026 on a number of key tasks and solutions to manage monetary policy and fiscal policy in 2026.
In the Official Dispatch, the Prime Minister requested the Ministry of Finance to effectively implement solutions to mobilize domestic and foreign investment resources. Take advantage of the room for public debt and budget deficit within safe limits to mobilize resources and issue government bonds to invest in key projects.
Strengthen promotion and attraction of large-scale, high-tech FDI projects; strongly, effectively, and sustainably develop the capital market (stock market, corporate bond market, put the International Financial Center into official operation in February 2026 in Ho Chi Minh City, Da Nang), create a medium and long-term capital mobilization channel for the economy, and reduce pressure on short-term capital sources of the banking system.
Promptly and effectively implement the Resolution on piloting cryptocurrency exchanges, the Project on establishing and developing a carbon market in Vietnam has been approved by the Government and the Prime Minister.
Review and assess the actual operation of small and medium-sized enterprises in the market, promptly identify difficulties and obstacles in institutions, policies, administrative procedures... to have feasible, effective, and practical support solutions, focusing on researching mechanisms and policies to support small and medium-sized enterprises in accessing finance and credit.
Urgently research and complete the "National Single Window for Investment", report before February 25, 2026", the Prime Minister requested.
Stabilizing exchange rates, interest rates and increasing foreign exchange reserves
In the telegram, the Prime Minister also requested the State Bank of Vietnam to preside over and coordinate with relevant ministries, agencies, and localities to manage monetary policy proactively, flexibly, promptly, and effectively.
Closely monitor the developments of inflation, exchange rates, interest rates, liquidity... to manage monetary policy tools proactively, flexibly, promptly, effectively, softly, without "shocking" or "startling", the Prime Minister emphasized.
Along with that is to continue to implement solutions to stabilize exchange rates, interest rates and increase foreign exchange reserves.
Strengthen inspection, examination, and risk control; direct credit institutions to grow credit safely and effectively, directing credit capital flows into production and business sectors, priority sectors, and growth drivers.
Control credit for potentially risky areas; research and have immediate, appropriate and effective credit solutions to support production and business, create livelihoods for people, support small and medium-sized enterprises, business households and industries and fields for social housing.
Urgently complete the report on researching solutions to mobilize foreign currency and gold bars to attract foreign currency and gold bars from the people according to the direction of the Government Leaders in document No. 74/VPCP-KTTH dated January 8, 2026.
Urgently complete the dossier reporting to the Standing Committee of the Government on the study, evaluation, and consideration of proposals to establish a national gold exchange/exchange, not to delay further," the Prime Minister requested.
Proactively and promptly provide official, public, and transparent information on policies and guidelines for managing and operating the financial, monetary, foreign exchange and gold markets; based on the achieved foundation of macroeconomic stability...
Do not let electricity and gasoline shortages occur in any situation
The Prime Minister also requested the Ministry of Industry and Trade to strengthen trade promotion, market diversification, and promote exports; effectively utilize 17 free trade agreements that have been signed and negotiate new free trade agreements.
Proactively implement solutions to ensure energy security, not to let power and gasoline shortages occur in all situations.
Assign the Ministry of Agriculture and Environment to preside over and coordinate with relevant ministries, agencies, and localities to implement solutions to focus on promoting agricultural production; ensure the balance of supply and demand for food and foodstuffs, especially essential food items.
Request ministries, agencies, provinces, cities and localities to accelerate the disbursement of public investment capital right from the beginning of 2026, especially key and important national projects; drastically implement solutions to achieve the target of public investment disbursement in 2026 reaching 100% of the plan assigned by the Prime Minister.
State-owned Corporations and General Corporations focus on effectively and drastically implementing production and business plans, effective and flexible import and export.
