public investment

Latest News about public investment

28% of 2021-2025 budget slated for investment and developmenticon
BUSINESS11/09/20210

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.

 
After developing multi-billion dong projects, provinces incur billions of debticon

After developing multi-billion dong projects, provinces incur billions of debt

BUSINESS
30/07/2021

In the 2019 audit report on state budget finalization, the State Audit noted that outstanding debts in capital construction in localities are still high.

NA Deputy complains about ‘ask-and-grant’ in public investment activitiesicon

NA Deputy complains about ‘ask-and-grant’ in public investment activities

FEATURE
29/07/2021

Some officials tasked to allocate public investment capital give themselves the right to "grant favors" to agencies and businesses.

Huge public investment in industries and regionsicon

Huge public investment in industries and regions

FEATURE
26/07/2021

According to the public investment plan in the period 2021-2025, the total state budget capital allocated for this period is VND2.87 quadrillion, not VND2,750 trillion as being reported to the 10th session of the 14th National Assembly.

Making public investment a driving force of Vietnam’s economyicon

Making public investment a driving force of Vietnam’s economy

FEATURE
19/07/2021

Public investment will focus on important and key industries and sectors of the economy, of which economic sectors account for more than 71%.

Tardy public spending will hinder post-pandemic economic recoveryicon

Tardy public spending will hinder post-pandemic economic recovery

BUSINESS
17/07/2021

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 recoveryicon

Public investment hike cited for stellar economic recovery

BUSINESS
07/07/2021

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 projectsicon

Government sets up taskforce to handle outstanding projects

BUSINESS
15/06/2021

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 VNDicon

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

FEATURE
05/06/2021

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 yearsicon

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

BUSINESS
27/05/2021

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 growthicon

Public investment to spur faster growth

BUSINESS
07/05/2021

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 VNDicon

Agencies, local authorities give back tens of trillions of VND

BUSINESS
25/03/2021

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 projectsicon

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

SOCIETY
04/03/2021

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: Expertsicon

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

SOCIETY
01/03/2021

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: NCIFicon

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

BUSINESS
12/02/2021

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 yearicon

Silver lining found in investment channel risk this year

BUSINESS
12/02/2021

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 economyicon

Reshuffle underway to further stimulate revival of economy

FEATURE
23/01/2021

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 achievableicon

Annual targets for 2021 tough but achievable

BUSINESS
17/01/2021

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.