Vietnam Studies Textile And Garment Industries To Reduce Or Exemption From Import Duty On Raw Materials.

1. Prudent and tight monetary policy.

Two, strengthen

Three, we should strengthen production and operation, encourage exports, curb trade surplus and save energy.

Four, help poor people to adjust their electricity prices and fuel prices.

Five, enhance social security;

Six, strengthen publicity and guidance work.

The prime minister has instructed the central bank to preside over and strengthen the management of the money market, so as to achieve the goal of increasing the annual credit growth below 20% and sum up the growth rate of about 15% to 16%. The central bank has also requested the central bank's overdraft of GDP5% below this year to ensure that the overrun does not exceed 16% of the total export amount.

In addition, the prime minister also asked the central bank to introduce the government's draft regulations on the management of gold activities in the second quarter of this year, in order to set up a centralized window for gold imports and to abolish the operation of gold films in the domestic market in the future.

The Vietnamese Prime Minister also instructed the ministries and local governments to save 10% of their regular expenditure 9 months before the end of this year; temporarily suspend the purchase of automobiles, air conditioners, office equipment, and save water and electricity, telephone, stationery and oil.

Saving expenditure on meetings and seminars; temporarily suspending the use of national budgets and government bond investment schemes (except for improving natural disaster consequences, major national plans and 0DA plans).

For the industries such as garments, textiles, footwear and leather, aquatic products, cashew nuts, timber and medicine, which are currently in short supply, we should implement the time limit for tax reduction, extension of raw material purchase value added tax and import duties, and the value added tax on goods exported for the current period.