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Target confidence and economic stability

Friday, 30/09/2011, 13:54 GMT+7

After five years of inflation and high interest rates, economic health, population and the decline of the business seriously eroded trust.

An entrepreneur - Congress reflects, there are no private enterprise can macroeconomic stability in a short time.

A president that, "eroding trust".

An economist is a retired official in more detail, "People's confidence in government eroded."

A member of the Committee for Economic Secretary suggested, "to regain the confidence of the people" ...

No avoidance, many economists and Congress have openly offered to pay special attention to restore and stabilize the people's confidence with investors in the moment.

Continuously for two days last week, the economic issues - both in the short term social and long term has been pretty thoroughly dissected in a workshop on macroeconomic same plenary session of the Economic Committee Congress.

And although the entire system of economic indicators, social and environment do not have "confidence indicators", but in many other speeches, statements, analysis of reality and future forecasts are associated with the "norm" is.

Opening the seminar on macroeconomics by the Economic Committee to coordinate with the Social Science Institute of Vietnam held on 23 / 9, Economics Institute Tran Dinh Thien generalization: after five years of inflation and interest rates high health economy, the business people and seriously weakened, eroded confidence.

Last Monday in a speech about his 30 minutes, he hit it that God "is a matter of confidence" when dealing with the new operating measures are mainly short, too much nature and fighting. "The fire is then ladled out the water at once, the fire still intact," Director von bias.

The same circuit "look straight, telling the truth", former Director of Institute for Economic and world politics, former Prime Minister's Research Commission, Mr. Vo Dai Strategy recognizes, "the people's life difficult due to continuous price increases in recent years, but wages have not kept pace. Mood public discontent with the phenomenon of widespread corruption, deteriorating social security ... "

Economist Le Dang Doanh also said that macroeconomic instability is to decrease people's trust, investors in the country and abroad.

More specific evidence of the expert made to quantify the external trust factor is a number of organizations international credit ratings have consistently lower levels of confidence of the banking system and credit in Vietnam.

Concern about the surge in the money supply in August and some other signs of monetary policy, Vice Director of the Institute for Economic Management Central Nguyen Tri Thanh warning appeared on the first condition foreign investors started to doubt about the patient's determination to fight inflation in Vietnam.

Along unified outlook on confidence index, though in different degrees, so it is easy to understand as many comments if not unanimously stressed regain the trust they will get more difficult to overcome the "dangerous" is.

"Our first goal is to stabilize and restore confidence," Chairman Tran Dinh Thien proposal.

Member of Economic Committee Nguyen Ngoc Hoa earnestly, "quickly restore the confidence of communities is most important."

Economic Committee Chairman Nguyen Van Rich told the closing plenary session of the Committee for Economic pm 24 / 9: "To accept the pain to overcome the shortcomings, in 2012 to focus regain confidence."

Report of the Ministry of Planning and Investment, the key document for the Economic Committee to prepare an evaluation report on the economic, social the next National Assembly session, an assessment in 2011 also mentioned weak confidence factor.

That is, the positive results of the economic - social nine months confirmed the policy solutions to curb inflation, stabilize macro-economy, ensuring social security set out in the conclusion of the 02 Politburo Resolution 59 of the National Assembly and Resolution 11 of the Government are fair and consistent with the actual situation of the country, and strengthen people's faith in the leadership of the State.

 
 According to Nguyen Thao