The Ministry of Industry and Trade coordinates with the Ministry of Finance to research and develop a mechanism to strictly control imported goods via e-commerce.
Prime Minister Pham Minh Chinh has just signed an official dispatch on continuing to promote domestic market development and stimulate consumption.
In the telegram, the Prime Minister emphasized that from now until the end of the year, the world situation is forecast to continue to develop very complicatedly, with political tensions and military conflicts at risk of escalating and spreading. There are risks of disruptions in supply chains and production chains, oil prices are at risk of strong fluctuations, domestic aggregate demand is still weak, and some energy and real estate projects are stuck, etc.
To promote domestic market development and stimulate consumption in the last months of the year, it is necessary to continue implementing appropriate solutions to increase aggregate demand, stimulate domestic consumption, promote trade and investment, and promptly overcome the consequences of storm No. 3.
The Prime Minister requested the Ministry of Industry and Trade to continue to direct the synchronous and effective implementation of solutions to regulate supply and demand, stabilize the market and encourage consumption policies to stimulate the domestic market, linking production with distribution and consumption of goods. Review, research and propose policies to support domestic enterprises to participate in the supply chain of domestic and global products.
Strengthen trade promotion activities, connecting supply and demand to boost consumption of domestically produced goods in traditional and modern distribution channels. Actively support the provision of market information and legal advice to small and medium enterprises.
Along with that, it is necessary to promote the implementation of programs and events to support people and businesses in buying, selling and consuming domestically produced products and goods on digital platforms and e-commerce.
Organize activities to promote regional linkages in e-commerce, cross-border e-commerce promotion activities with countries in the region and major import markets.
The Prime Minister assigned the Ministry of Industry and Trade to strengthen state management of domestic trade, effectively implement market inspection and control measures, and support businesses in handling issues related to trade defense investigations, origin fraud, anti-smuggling, trade fraud and counterfeit goods.
Research and development of a mechanism to strictly control imported goods via e-commerce is currently putting great pressure on domestically produced goods, affecting the consumption of domestic products.
“The Ministry of Industry and Trade will coordinate with the Ministry of Finance to study solutions to strictly control imported goods via e-commerce in accordance with Vietnam’s international commitments,” the Prime Minister requested.
In the telegram, the Prime Minister also assigned the Governor of the State Bank of Vietnam to continue directing credit institutions to research and develop credit products and banking services for the consumer sector to serve life.
Promote lending through electronic and online forms. Simplify loan and consumer loan procedures, create favorable conditions for people and businesses to access loans to promote consumption of domestically produced goods.
“Continue to direct commercial banks to save costs, promote the application of digital technology, reduce loan interest rates for businesses and people to promote production and business in the last months of 2024 and early 2025,” the Prime Minister requested.