ODA projects

Update news ODA projects

“As taut as a violin string" was the phrase used to describe the state of the budget and public debt. After five years of applying flexible solutions, the situation has now become different.

Deputy PM calls for setting up managing unit for delayed expressway project

The Government Office said Deputy Prime Minister Trinh Dinh Dung has ordered the setting up of a managing unit for the Ben Luc-Long Thanh Expressway project.

VN public spending lags behind plan

Total public investment spending reached VND192 trillion (US$8.25 billion) from January-September, the Ministry of Finance reported at an online meeting yesterday.

Top lawmakers concern over lack of spending discipline

 VietNamNet Bridge – Top lawmakers meeting Saturday urged stricter financial discipline and better public debt management consistent with international standards.

Six railway officials on bribery charges

 VietNamNet Bridge – The Supreme People's Procuracy of Viet Nam has started prosecution procedures against six officials of Viet Nam Railways for "abusing power while on duty".

Slow disbursements make ODA projects less efficient

 VietNamNet Bridge – The HCMC government said slow capital disbursements have made inroads into the efficiency of the projects funded by official assistance development (ODA) in the southern city.

BUSINESS IN BRIEF 5/5

 Ocean Dune golf members up in arms over proposed tear down; ODA projects badly need reciprocal capital;

Economic restructuring promoted

 VietNamNet Bridge – The Government has committed to undertaking economic restructuring in 2014, focusing on investment, credit organizations, the financial market, SOEs, agriculture and rural areas, industry and service.

BUSINESS IN BRIEF 16/12

 Red River Delta development plan announced; Steel sector struggles to iron out difficulties; Vietnam’s sustainable coffee production starts to stir; Shipping firms ignore container handling charges

Political Headlines December 12

Prime Minister leaves for Japan visit; Vietnam, US army officers visit Military Zone 7; Indonesia to assist Vietnamese navy mission at sea