Prime Minister Le Minh Hung requests no electricity price increase
Prime Minister Le Minh Hung requested not to increase electricity prices and to study appropriate regulation solutions for prices of goods managed by the State such as electricity and gasoline.
On October 3, concluding the regular Government meeting in September 2026 and online with ministries, branches, and localities, Politburo Member, Prime Minister Le Minh Hung highly appreciated the efforts of localities, especially localities with outstanding growth in the third quarter, contributing to the 9-month growth and overall growth of the country, such as: Hanoi, Ho Chi Minh City, Dong Nai, Quang Ninh, Bac Ninh, Ninh Binh, Khanh Hoa, Thai Nguyen, Thanh Hoa, Nghe An, Ha Tinh, Quang Ngai, Can Tho, Tay Ninh, Dien Bien, Lai Chau.
The Prime Minister clearly stated that to achieve the double-digit growth target, GDP growth in the fourth quarter must be above 12.5%; this is a very large pressure, a very heavy task requiring ministries, sectors, and localities to be determined and make the highest efforts.
The Head of Government requested strict price control, determined to strive to maintain the inflation target for 2026 approved by the National Assembly, including: Ensuring the supply of essential goods such as gasoline, electricity, food, foodstuffs, building materials, and medicines.
Strengthen inspection and strictly handle hoarding goods, speculation, and smuggling; not increase electricity prices and continue to study appropriate regulation solutions for prices of goods managed by the State such as electricity and gasoline.
With ministries and sectors, the Prime Minister requested the Ministry of Finance to urgently submit to the Government for immediate promulgation a Decree to reduce 30% of income tax for businesses and business households with revenue not exceeding 10 billion VND/year.
Focus on researching and simplifying tax management procedures and procedures related to public investment. Review and summarize reports to the Prime Minister on plans to transfer public investment capital plans between ministries, agencies, and localities to ensure feasibility and efficiency.
The State Bank of Vietnam focuses on managing monetary policy, ensuring liquidity for the economy; implementing solutions to stabilize the general level of interest rates, stabilize the foreign exchange market; proactively forecasting, updating, and building scenarios for appropriate and timely management.
Strengthen inspection, supervision, and control of the operations of credit institutions to have timely management solutions, not to let violations arise; proactively propose solutions to create credit sources, interest rate mechanisms for social housing, rental housing, large, key projects, and priority areas.
The Ministry of Education and Training presides over and completes the Program and has a specific roadmap to complete the new set of textbooks for uniform use nationwide and free textbooks from the 2028-2029 school year.
Coordinate with localities to arrange a sufficient teaching staff and review planning, allocate budget and land funds to build new schools, ensuring sufficient schools and classrooms; focus on reviewing the overall curriculum, teaching content, testing, and researching adjustments to reduce learning pressure, exams and complete enrollment projects.
The Ministry of Home Affairs reviews and improves regulations on organizational structure at the grassroots level; coordinates with ministries, branches, agencies, and localities to complete the proposed payroll of the political system to submit to competent authorities, as well as mechanisms on salaries, allowances, decentralization, and delegation of power.
Completing the Decree detailing the Ordinance on Preferential Treatment for People with Meritorious Services to the Revolution; proposing solutions to effectively implement the National Job Exchange while completing labor databases.
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