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Public investment meets 82% of PM's target

Public investment meets 82% of PM's target

Vietnam disbursed VND580 trillion ($23.78 billion) in public investment last year, 82% of the set goal by Prime Minister Pham Minh Chinh.
HCMC struggles to attract private investment in sports, cultural projects

HCMC struggles to attract private investment in sports, cultural projects

Ho Chi Minh City has approved 23 public-private partnership (PPP) sports and cultural projects, but experts are worried that private investors are hesitant to support them.
December 13, 2023 | 08:36 pm PT
Six-month ODA disbursement rate in localities remains low

Six-month ODA disbursement rate in localities remains low

The disbursement of public investment funded by official development assistance (ODA) in localities in the first six months of this year has reached only 7.6% of the year’s target, according to the Ministry of Finance.
June 28, 2023 | 08:48 pm PT
Four-month public capital disbursement reaches 14.66% of year's target

Four-month public capital disbursement reaches 14.66% of year's target

More than 110.6 trillion VND (US$4.7 billion) of public investment was disbursed in the first four months of this year.
May 6, 2023 | 07:44 pm PT
Government targets 95% public investment disbursement in 2023

Government targets 95% public investment disbursement in 2023

At least 95% of the public investment budget, or VND676 trillion ($28.47 billion), must be disbursed this year to speed up growth, Prime Minister Pham Minh Chinh said Tuesday.
February 21, 2023 | 02:00 am PT
Delays in public spending, Covid relief disbursement to impact economy: experts

Delays in public spending, Covid relief disbursement to impact economy: experts

Tardy public spending and disbursement of Covid-19 relief could have repercussions for Vietnam’s economic growth, experts have warned.
September 28, 2022 | 02:47 am PT
Health ministry seeks to return $34 mln unused funds

Health ministry seeks to return $34 mln unused funds

The National Assembly has rejected a proposal by the Ministry of Health to transfer VND802 billion ($34.23 million) of unused funds for building roads.
August 29, 2022 | 08:11 pm PT
Private firms eager to invest in expressways

Private firms eager to invest in expressways

Private investors are showing more interest in building expressways after a long thaw, with experts calling for greater support from the government and relevant localities.
May 27, 2022 | 03:21 am PT
Government’s three recovery focuses for 2022

Government’s three recovery focuses for 2022

Reviving the business sector, boosting exports, and increasing disbursement of public spending are key to achieving the economic growth target of 6-6.5 percent for 2022, the government has said.
January 5, 2022 | 09:40 pm PT
Covid keeps public spending at below 50 pct of plan

Covid keeps public spending at below 50 pct of plan

Public spending will not even reach half the full-year’s target by the end of September as the pandemic delays the progress of most projects.
September 28, 2021 | 07:39 pm PT
Covid-19 wave derails growth predictions

Covid-19 wave derails growth predictions

The fourth Covid-19 wave, stronger than the previous ones combined, has stumped growth expectations and made predictions difficult, experts say.
July 23, 2021 | 02:32 am PT
Vietnam to cancel 1,500 unnecessary public projects

Vietnam to cancel 1,500 unnecessary public projects

Vietnam will trim the list of public projects to around 5,000 after cutting at least 1,500 deemed unnecessary and ineffective.
May 25, 2021 | 12:32 am PT
Government to make hike in public spending

Government to make hike in public spending

The government plans to increase public spending by 37.5 percent in the next five-year period, prioritizing infrastructure and energy.
October 21, 2020 | 07:17 pm PT
Work all set to begin on three North-South Expressway sections

Work all set to begin on three North-South Expressway sections

Vietnam is set to begin construction of three publicly-funded North-South Expressway sections on Wednesday.
September 27, 2020 | 11:30 pm PT
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