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Submitted by unname1 on Mon, 03/21/2011 - 11:50
Anti-dollarisation should be comprehensively carried out, says the Ministry of Planning and Investment (MPI).

The MPI says that the Government Resolutions 02 and 11 have been implemented effectively, but more economic and technical measures are needed to stabilize the macroeconomy.

The ministry has proposed five groups of measures to deal with the problems including an increase of US dollar reserves to be more active in managing the exchange rates; adjusting the production structure to avoid dependence on US dollar; improving the operation quality of credit institutions and expanding more additional services related to transactions in Vietnam dong; encouraging businesses and individuals to bring US dollars into Vietnam; and closely monitoring the listing of domestic product prices in the national currency.

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