Vietnam still wants State interference in staple goods prices

The majority of Vietnamese citizens still think that the Government should regulate the prices of staple goods, a recent survey shows. 68% of surveyed people thought that the Government should take measures to stabilise the price of staple goods The survey entitled Changing Attitudes towards Market and State (CAMS 2011) released on April 13, however also revealed that most Vietnamese supported a market economy model, privatisation of state-owned enterprises and transparency in management and operation. The survey was jointly conducted by the World Bank (WB), the Vietnam Chamber of Commerce and Industry (VCCI) and the Irish Embassy in Hanoi. CAMS 2011 surveyed over 1,000 enterprises, 250 central State, Party and National Assembly agencies, 250 state officials at a local level, 100 journalists, along with officials from donors and international organisations. According to senior economist Pham Chi Lan, who took part in conducting the survey, as many as 68% of surveyed people thought that the Government should take measures to stabilise the price of staple goods. Only a quarter of them said goods prices should change in accordance with market fluctuations. The research group attributed the attitude to the fact that state-owned enterprises still hold monopoly in producing and trading of the majority of staple goods, including electricity, petroleum, gold, foreign currency and real estate as well as important service industries such as finance, aviation and railway. The blame on speculation and the desire for the Government measures have resulted in the people and enterprises having increased expectations about the Government's role in market management, the noted. Economic difficulties, high inflation and price hikes in many industries in recent years also added to the attitude, Lan said. Economist Dr. Le Dang Doanh said more attention should be paid to the public's views. Concerning programmes to stabilise goods prices, the majority of people said that such policies were ineffective. Only enterprises which joined the programmes supported the policies as they benefited from access to bank loans with free interest rates, Doanh said. The survey also indicated that 87% of surveyed people supported a market economy while 69% advocated privatisation and 92% thought transparency was necessary.Forex News Travel to Vietnam | Festival Hue 2012 | Tour Festival Hue | Tour to Vietnam | Tour Ghep Mien Trung | Tour Trang Mat | Ebook | visit vietnam | Tour Du Lich 30 - 4 va 1 - 5 | How To Weight Loss | how to solve rubik | how to tie a tie | dac san hue | tourism vietnam Regarding regional and international issues, the host and the guest stressed that the recent positive developments of Latin American left-wing movements have made it easier for revolutionary forces in their struggle for peace, national independence, democracy and social progress. The ongoing financial crises, economic downturns and social instability in several countries as well as more complex global issues such as poverty, disease outbreak, climate change and damage to the environment make it necessary for socialist values to lead the way to achieve sustainable development for people, they said. They both confirmed the need to step up cooperation and mutual support at international forums that both countries are members of, especially the United Nations. In today's world, the special relationship between the Vietnamese and Cuban peoples has become a symbol of the era and is an invaluable asset that needs to be protected, preserved and handed down to the future generations.
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