public investment

Update news public investment

Justified solutions needed to ensure public investment disbursement

The disbursement of public investment projects in H1 reached VND192, 200 billion (US$8.2 billion), up 10.1 percent compared to the same period last year. However, this rate is not as expected, Minister of Planning and Investment Nguyen Chi Dung said.

VND300 trillion cash flow is stuck, key projects cannot proceed

The Resolution 54 on a special mechanism for HCM City expires at the end of 2022, but there has been no draft of a new resolution.

Slow disbursement of public money and the ‘dare to think, dare to do’ principle

Prime Minister Pham Minh Chinh earlier this month signed a decision on setting up six task forces headed by four Deputy Prime Ministers and two Ministers.

Vietnam allocates over US$3.9 billion to three national target programs

The Vietnamese Government will implement solutions to ensure the efficient management and use of the funds.

VN determinedly stops slow public investment projects

It is estimated that until May 31, Vietnam disbursed only 22.37 percent of its public investment budget.

Solutions to ineffective use of foreign loans

The Ministry of Finance recently reported to the Prime Minister on the disbursement of ODA and concessional foreign loans in 2021.

Government to borrow no more than VND673 trillion in 2022

The Ministry of Finance (MOF) has submitted a statement to the Prime Minister about the public debt management program for 2022-2024, and the plan to borrow and pay public debts in 2022.

Public investment to be driving force for Vietnam’s growth in 2022

In 2022, the driving force for Vietnam’s economic growth will still be import and export, attracting foreign direct investment (FDI) and public investment. Among these factors, public investment is the most important.

Public investment to offer backbone for infrastructure

With the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond.

Disbursement requirements addressed

Numerous projects and investors will be cut off from public investment allocation due to the poor performance of disbursement this year, and this will affect socioeconomic development of localities involved.

Calls made to scale up vital public investment

Accelerating disbursement of public investment and furthering the support of struggling businesses and individuals to recover from existing difficulties will be key momentum for achieving higher economic growth.

HCMC incurs loss of VND232 billion as Ring Road No. 2 project stalled

Construction on a section of the Ring Road No. 2 project in HCMC has been delayed for two years, leaving the city with an interest sum of VND232 billion during the period, Lao Dong reported.

Ministry of Transport to implement 67 projects in next 5 years

The Ministry of Transport plans to start 67 new projects in the medium-term public investment plan for the 2021-2025 period.


Concerns on money investment during high inflation

According to the Economist Intelligence Unit (EIU), the world economy could lose trillions of dollars due to the prolonged pandemic, with developing economies suffering the most damage. 

Special working groups set up to speed up public disbursement

Prime Minister Pham Minh Chinh has decided to establish six working groups to accelerate the disbursement of public investment capital in 2021 at ministries, agencies and localities.

VN's growth and recovery require strong public investment: economists

Financing public investment to generate future growth and to speed up economic recovery post-COVID-19 remained Vietnam's most important challenge in the near future, said economists and policymakers. 

Nine ministries want to return VND8 trillion of public capital

Nine ministries have told the Ministry of Finance they want to return a total of VND 8,054 billion of foreign loans that they could not disburse.

Gov’t seeks ways to disburse over US$11 billion in public investment capital

Prime Minister Pham Minh Chinh convened a national teleconference on Tuesday to seek ways to disburse nearly VND 250 trillion (over US$11 billion) in public investment capital within the next three months.

28% of 2021-2025 budget slated for investment and development

The total state’s spending in 2021-2025 is predicted to reach VND10.26 quadrillion, of which 28 percent would be spent for investment and development.


Vietnam scores high in employee experience