public investment

Update news public investment

Tardy public spending will hinder post-pandemic economic recovery

The COVID-19 health crisis and the resulting economic downturn has thrown a spanner in the works of already tardy public spending, hindering Vietnam’s efforts to revive its post-pandemic economy and speed up slowing GDP growth.

Public investment hike cited for stellar economic recovery

The domestic economy has been gradually escaping from a slowdown, with growth bouncing back over the past three months thanks to the government’s efforts to curb the pandemic and remove enterprises’ obstructions,

Government sets up taskforce to handle outstanding projects

The groups will be charge of handling outstanding projects with an aim to help solve longstanding problems at ministries and branches, and in localities.


Public investment: thousands of projects cut, but total capital up by quadrillion VND

The total public investment capital has increased sharply in the 2021-2025 period compared with 2016-2020, but the number of projects has fallen significantly.

Vietnam to spend $124.5 billion on public investment over next five years

Vietnam plans to outlay 2.87 quadrillion VND (124.5 billion USD) on public investment in the 2021-2025 period, up 120 trillion VND compared to the previous estimate.

Public investment to spur faster growth

Vietnam is to continue speeding up disbursement of public investment, with a focus on infrastructure development, in a bid to spur on economic growth and create more space for private enterprises.

Agencies, local authorities give back tens of trillions of VND

Ten ministries and agencies, as well as 45 localities, are giving back the capital allocated to them as they did not spend all the money they received in 2020.

Deadline set for Transport Ministry to complete two North-South expressway projects

The Government has ordered the Ministry of Transport to complete two component projects of the North - South expressway (Highway NH45 - Nghi Son and Nghi Son - Dien Chau sections) by 2023.

Covid-19 pandemic makes no hurdle to Vietnam's building plan of SEA largest airport: Experts

With a strong certainty that air travel will recovery when the pandemic ends, airports are seen as long-term asset. In that case, any decision related to airport projects must be for the long-term view.

2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF

The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and CPI of 4.2 percent under an optimistic scenario.

Silver lining found in investment channel risk this year

Investors are pinning their hopes on different investment channels this year despite the many difficulties and risks brought about by COVID-19, analysts have said.

Reshuffle underway to further stimulate revival of economy

The 13th National Party Congress is expected to set the country’s average annual growth rate of 6.5-7 per cent from now until 2025, when Vietnam may become a higher middle-income nation. 

Annual targets for 2021 tough but achievable

The rate of public investment disbursement in 2020 was the highest in the last five years, contributing to enhancing economic growth and enabling Vietnam to be one of the highest-growth economies worldwide.

Disbursement of public investment at record since 2016, still misses Gov’t target

The disbursement of public investment was estimated at VND398 trillion as of the end of December, meeting 82.8 per cent of the Government’s plan – the highest rate in the 2016-20 period, according to the Ministry of Planning and Investment.


Key transport projects kick off in 2020

Construction of several national key projects, including the North-South Expressway and Long Thanh International Airports, have started.

Public investment pushed to the fore

Vietnam will continue pumping a great deal of money into public investment with a view to reaching the country’s economic growth goal for next year.

Vietnam speeds up disbursement of public funds

Disbursement of public funds in the first 10 months met 68 percent of the year’s target, nearly 14 percentage points higher than the same period last year.

Raising growth via public investment

The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.

Vietnam makes all-out efforts to boost public investment disbursement

Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.

Long Thanh Airport: investment rate high, ACV may lack money

The Ministry of Finance (MOF) has warned about problems with the Long Thanh International Airport project, citing capital arrangement capability.