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Vietnam looking to speed up public investment to curb slowing GDP

Vietnam looking to speed up public investment to curb slowing GDP

As the economy is showing signs of faltering, Vietnamese government is boosting public investment in a bid to spur gross domestic product (GDP) growth.
Vietnam sets economic targets for 2017

Vietnam sets economic targets for 2017

Vietnam aims to reach an annual economic growth rate of 6.8 percent next year through higher labor productivity and competitive capacity, according to the framework of a socio-economic development plan for 2017 laid out by the Ministry of Investment and Planning.
June 22, 2016 | 03:41 am PT
Vietnam presses ahead with ambitious growth target

Vietnam presses ahead with ambitious growth target

Vietnam’s economic growth must hit 7.6 percent in the second half to achieve the annual target.
July 17, 2016 | 11:13 pm PT
Vietnam to use public investment to reach ambitious growth target

Vietnam to use public investment to reach ambitious growth target

With money sitting there waiting to be spent, the PM is saying spend it.
July 25, 2016 | 02:29 am PT
Vietnam battles to hit 6.7 pct growth goal

Vietnam battles to hit 6.7 pct growth goal

Economic slow-down is threatening to scupper the government's annual target.
July 28, 2016 | 08:01 pm PT
Vietnam looks for $100 billion miracle to meet public investment needs

Vietnam looks for $100 billion miracle to meet public investment needs

Spiraling public debt is cutting funding to basic infrastructure the country needs.
September 30, 2016 | 12:38 am PT
Delays in ODA-funded projects drag down Vietnam's economy

Delays in ODA-funded projects drag down Vietnam's economy

Projects that are two or three years late cost 1.5 times more than projected.
October 18, 2016 | 10:59 pm PT
Don’t waste public money, get selective: parliament members

Don’t waste public money, get selective: parliament members

Vietnam should prioritize and reserve public investment for the most important projects and strictly evaluate money spent, parliament members say.
October 29, 2018 | 02:27 am PT
Public spending delays hamper economic growth

Public spending delays hamper economic growth

Tardy public spending is hindering Vietnam’s efforts to revive its economy post-pandemic and speed up slowing GDP growth.
July 8, 2020 | 03:16 am 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
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
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
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
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
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