Vietnam likely to lack $3.93 bln in public investment capital in 2024: deputy minister
Vietnam is estimated to face a shortage of more than VND100 trillion ($3.93 billion) in public investment capital this year, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Economy - Fri, May 17, 2024 | 2:13 pm
Public investment disbursement must reach 95%: PM
Prime Minister Pham Minh Chinh has asked ministries, agencies and localities to ensure that disbursement of public investment capital reaches at least 95% this year.
Economy - Sat, May 4, 2024 | 10:02 pm
Transport infrastructure to dominate $26.8 bln public investment allocation in 2024: PM
Transport infrastructure will be the biggest recipient of this year’s VND657 trillion ($26.82 billion) public investment capital allocation, Prime Minister Pham Minh Chinh said Friday.
Economy - Fri, February 16, 2024 | 9:19 pm
Vietnam has large fiscal stimulus space to boost growth: broker
Vietnam has plenty of fiscal stimulus room to further beef up its economic growth, which is expected at 6.3% this year, up from 5.05% in 2023, VNDirect Securities says in a recent report.
A year in review and 2024 forecasts - Mon, January 22, 2024 | 10:18 pm
Con Dao island to power up with $103 million investment
State utility Vietnam Electricity (EVN) will be allocated VND2.53 trillion ($102.8 million) to extend the power grid to Con Dao island off the southern province of Ba Ria-Vung Tau per a resolution passed by the National Assembly on Thursday.
Energy - Fri, January 19, 2024 | 10:14 am
Vietnam targets having hi-tech products make up 50% of 2024 exports: PM
Vietnam will strive to recover and boost processing, manufacturing and semiconductor industries towards having hi-tech products make up 50% of export turnover this year, Prime Minister Pham Minh Chinh has said.
A year in review and 2024 forecasts - Fri, January 5, 2024 | 5:45 pm
Vietnam needs to disburse $10 bln public investment in 35 days
Vietnam’s central agencies and local governments are under pressure to disburse VND247 trillion ($10.18 billion) worth of public investment funds, or 35% of the full-year target, in the remaining 35 days of this year, to hit their annual goal.
Economy - Mon, November 27, 2023 | 5:08 pm
Construction stocks benefit from public investment drive
Stocks of infrastructure construction firms have outpaced Vietnam’s benchmark VN-Index amid accelerated public investment disbursement in the last months of the year.
Finance - Fri, November 24, 2023 | 2:05 pm
Improve project quality to boost implementation speed, economic recovery, WB tells Vietnam
Improving project quality through better feasibility studies and reforming public investment procedures will help the Vietnamese government speed up their implementation and hasten economic recovery, a World Bank note says.
Economy - Wed, November 22, 2023 | 4:08 pm
Vietnam seeks to tap Saudi Arabian fund for transport infrastructure, climate change projects
Prime Minister Pham Minh Chinh has urged Saudi Arabia to use its $620-billion Public Investment Fund (PIF) to invest in Vietnam’s prioritized sectors including transport infrastructure and climate change adaptation.
Economy - Fri, October 20, 2023 | 9:09 pm
Vietnam weathers economic headwinds, but growth target a tough ask
The Vietnamese government has been successful in dealing with economic headwinds, but achieving economic growth of 6% this year remains an uphill battle, a deputy minister said Thursday.
Economy - Fri, October 6, 2023 | 4:57 pm
Vietnam’s best scenario GDP growth not more than 6% this year: minister
Despite ongoing efforts to accelerate public investment disbursement and other measures, Vietnam’s economic growth is unlikely to exceed 6% this year, according to the Ministry of Planning and Investment.
Economy - Sat, September 30, 2023 | 10:40 pm
Meeting public investment disbursement goal a mammoth undertaking: minister
Public investment disbursement has been very sluggish this year and it will take great efforts to complete 95% of the plan, says Planning and Investment Minister Nguyen Chi Dung.
Economy - Sun, September 3, 2023 | 7:00 am
HCMC sees 26% FDI boost in 8 months, but sluggish trade
Ho Chi Minh City received a total registered FDI of $390 million in Jan-Aug, up 26.2% year-on-year, but it experienced slow growth in trade and low disbursement of public investment capital, according to the municipal statistics office.
Economy - Thu, August 31, 2023 | 3:53 pm
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