The Ministries of Finance, Industry and Trade, and Planning and Investment, and the State Bank of Vietnam (SBV) have vowed to increase their coordination in macro-economic management.

The signing ceremony. Photo: VGP

A document to this effect was signed by representatives of the ministries and the SBV on the sidelines of the regular Cabinet meeting in Hanoi on December 1.

It paves the way for them to coordinate the implementation of assigned tasks in managing finance, monetary, credit, investment and trade fields.

In March 2011, the Prime Minister instructed the Ministry of Planning and Investment to work with the Office of the Government and relevant ministries and sectors to build a project on institutional reform and enhancement of coordination in macro-economic management and regulation for the 2011-2020 period.

Source: VNA