Strengthening price control and stabilization efforts

The dispatch is sent to: The Prime Minister's Steering Committee for price regulation; Ministers of ministries and ministerial-level agencies; Chairmen of People's Committees of provinces and centrally-run cities.

According to the dispatch, in the early months of 2026, price management and administration have been implemented synchronously in line with directives from the Government, Prime Minister, and Deputy Prime Minister, Head of the Steering Committee for price regulation. Accordingly, ministries, sectors, and localities have carried out multiple measures to help control inflation toward the 2026 target.

However, in recent days, the global and regional situation has evolved complexly and unpredictably due to conflicts in the Middle East, causing fluctuations in energy prices, especially oil, along with rising logistics and maritime transport costs. This leads to risks of delays and disruptions in international supply chains.

In response, the Government has directed the Ministry of Industry and Trade and the Ministry of Finance to implement timely measures to stabilize domestic fuel prices, such as reducing import taxes and using the f

Amid complex geopolitical shifts and volatile global oil prices, to proactively address challenges in price administration and stabilization of essential goods and services that impact the consumer price index and affect people's livelihoods as well as business production, the Prime Minister requires Ministers of ministries, Heads of ministerial-level agencies, and Chairmen of People's Committees of provinces and centrally-run cities to decisively implement the solutions outlined in this dispatch and previous directives from the Prime Minister and Head of the Steering Committee for price regulation.

At the same time, within their scope, sectors, and authority, they must intensify close monitoring of market developments, promptly apply measures to ensure domestic supply-demand balance, stabilize prices, and prevent shortages, hoarding, speculation, or unreasonable price hikes. This aims to control inflation, contribute to ensuring macroeconomic stability, and boosting growth drivers.

Hai Phong News