| THE PRIME MINISTER OF GOVERNMENT ------------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness -------------- |
| No. 30/2004/CT-TTg | Hanoi, August 5, 2004 |
DIRECTIVE
ON MEASURES TO CONTROL THE RISE OF MARKET PRICES IN THE IMMEDIATE FUTURE
Since the end of 2003, the import prices of numerous goods, supplies and raw materials have seen sudden rises and stand at high levels; the bird-flu had occurred on a large scale, causing serious damage to husbandry and adversely affecting production and people's life. The Government had taken different measures to limit the negative effects of the above-said situation, ensuring economic growth and stabilizing the people's life. However, as compared with last December and the past years, the consumption and service price indexes in the first 7 months of this year are quite high.
It is predicted that in the coming time the prices of major goods items on the world market which we have to import such as petroleum-originating products (petrol and oil, plastics, fertilizer,..), iron and steel,…continue to fluctuate. Crude oil prices on the world market are at high levels and fluctuating by the world's complicated political factors and demands for oil. Generally, the price fluctuation trend on the world market harbors many unpredictable factors. Therefore, the task of attaining the market price objectives set in the National Assembly's resolution is extremely difficult.
