HA NOI — Prime Minister Nguyen Tan Dung called on the Ministry of Agriculture and Rural Development to promote large scale agricultural production to ensure food security and boost exports, at a Government meeting held yesterday.
Relevant authorities were urged to implement measures aimed at increasing the amount of breeding stock, stabilise food prices and prevent disease in meeting demands.
July witnessed an up to 70 per cent sudden surge compared to the same period last year in pork prices, driven by high demand, partly contributing to a 3.2 per cent increase in the foodstuff price index.
"The soaring price of foodstuff, particularly pork, has brought farmers high profits yet at the same time added a remarkable burden on people, especially those who rely on a fixed monthly salary," said Minister of Agriculture and Rural Development Cao Duc Phat.
"The ministry has called on local authorities to help increase supplies in an effort to stabilise the foodstuff market."
At the meeting, PM Dung asked the State Bank to keep a tight grip on the banking system and real estate credit, gradually reducing interest rates alongside a decrease in the consumer price.