Prime Minister Nguyen Tan Dung on August 8 called on State corporations and economic groups to join in the nation’s continuous efforts to rein in inflation.
At his working session with leaders of these economic groups in Hanoi, PM Dung asked economic giants to ensure supply of essential commodities, including power, petroleum, steel, fertiliser, coal, cement, and food.
The Government leader requested State corporations and economic groups exert their greatest efforts to fulfill assigned tasks to contribute to stabilising the national economy.
Though facing difficulties in the past seven months, especially petroleum price hikes, State corporations and economic groups have worked toward reducing production costs and accelerating exports to help reduce inflation, ensure social welfare and maintain economic growth rate, the PM noted.
The PM also asked State economic groups and corporations to focus on boosting production and consumption, ensuring the balance of goods supply and demand, and speeding up exports in order to fulfill, and even surpass, the set target.
Economic groups and corporations are allowed to get involved in multi-sector businesses, but have to focus on their major industry, the PM said.
According to the Steering Committee of Enterprise Development and Renovation, though facing difficulties in the first half of the year, seven economic groups and 11 corporations established under the PM’s decision No. 91, and 65 others established under the PM’s decision No. 90, still surpassed set targets.
These enterprises posted a total revenue of 519 trillion VND, a year-on-year increase of 43 percent, and fulfilled 60 percent of the year’s target.
Their total pre-tax profit accounted for 52.4 percent of the year’s target with 77.4 trillion VND, a year-on-year 55 percent rise.
The total contribution to the State budget was 79 trillion VND, a rise of 56.3 percent over the same period last year, and equivalent to 64.8 percent of the set target.-