Deputy Prime Minister talks about the 1 million VND bowl of pho

Today (February 6), Deputy Prime Minister Ho Duc Phoc, Head of the Steering Committee for Price Management, chaired a meeting of the Steering Committee to evaluate price management and operation in 2024 and orientation for 2025.

Deputy Prime Minister Ho Duc Phoc emphasized that with this year's GDP growth target of at least 8%, the amount of money supplied to the economy will be much larger than in 2024, the growth momentum will be stimulated, thus affecting the price index, especially consumer prices.

Among the three inflation scenarios for 2025 proposed by the Ministry of Finance , the Deputy Prime Minister suggested choosing the scenario of an average CPI increase of about 4.15% in 2025 compared to 2024 to drastically deploy implementation solutions.

In that spirit, the Deputy Prime Minister requested ministries and branches, based on their assigned functions and tasks, to develop price management scenarios for managed goods on a quarterly basis and send them to the Ministry of Finance and the General Statistics Office for synthesis and advice to the Government on the most feasible management measures.

At the same time, he requested the Ministry of Finance to advise the Prime Minister to issue a directive requiring immediate and serious implementation of the Law on Prices to maintain a healthy competitive environment, avoiding price manipulation, appropriation, and price hikes.

The Government leader emphasized that "it is necessary to list and sell at the listed price" and cited the story of a bowl of pho costing up to 1 million VND. The Deputy Prime Minister said that the problem is not whether it is expensive or cheap, but rather that the price must be transparent so that customers can choose, there must be healthy competition, and there must be no situation where sellers take advantage of "taking advantage" of customers to get money.

The Deputy Prime Minister affirmed that publicizing prices and selling at listed prices is a measure to protect consumers and determine the sales behavior of sellers in a transparent and objective manner.

Deputy Prime Minister Ho Duc Phoc emphasized that the GDP growth target for 2025 must reach at least 8% (Photo: VGP).

The Government leader also requested close monitoring of domestic and international market developments, especially supply and demand developments of strategic and essential goods for production, business and people's lives, to flexibly develop scenarios and solutions to be ready to respond to fluctuations.

On that basis, it is necessary to strictly manage, proactively and diversify supply sources, and not break the supply chain, especially for gasoline, oil and electricity.

For goods managed by the State, ministries and branches, according to their assigned functions and tasks, proactively develop price management measures according to the market roadmap at appropriate levels and times. At the same time, continue to effectively implement solutions to link production with distribution and consumption, creating a transit circle; coordinate monetary policy with fiscal policy in a reasonable and harmonious manner to promote growth.

Dantri.com.vn

Source: https://dantri.com.vn/kinh-doanh/pho-thu-tuong-noi-ve-chuyen-bat-pho-gia-1-trieu-dong-20250206213059118.htm