Wednesday, December 17, 2008

Vietnam's state-owned firms urged to join fight against economic slowdown

HANOI, Dec. 17 (Xinhua) -- Vietnamese Prime Minister has asked the country's state-owned companies to do their utmost in fighting against the national economic slowdown and achieving the economic growth of 6.5 percent in 2009, the local newspaper Youth reported Wednesday.

    At the meeting with heads of the country's corporations in Hanoi, Dung urged the state-owned companies to continue playing their key role in leading production and expanding domestic consumer and export markets.

    The government would concentrate its efforts on implementing every possible measure to ensure economic growth and social security, said Dung.

    The state-owned commercial banks should offer loans at annual interest rates of between five to six percent to the country's companies in need of loans, especially the small and medium-sized companies, said Dung.

    Deputy Prime Minister Hoang Trung Hai at the meeting instructed the state-owned companies to ensure work for employees, generate jobs and closely cooperate with trade unions to prevent wildcat strikes.