Investment from the State budget in first four months of the year estimated at VND 131.2 trillion

	Green transition requires huge investment in infrastructure
	Legal risks make private enterprises invest less in large projects
	Enterprises need to proactively give credit ratings, conduct audits, and increase transparency to rebuild trust

The total State revenue in April is estimated at VND 139.1 trillion. Photo: Internet

Specifically, investment from the State budget in April was estimated to increase by 16.4% year-on-year to VND 39.3 trillion, including the central investment of VND 7.5 trillion, up 23.1%; and local investment of VND31.8%, up 14.9%.

In the first four months of the year, the investment from the State budget rose by 17.9% compared with a year ago to VND 131.2 trillion, meeting 19% of the annual plan.

The central investment was estimated to increase by 30% compared with the previous year to VND24.6 trillion or 18.5% of the annual year. The local investment rose by 15.4% compared with a year ago to VND 106.6 trillion, meeting 19.1% of the annual plan.

The total State revenue in the month was estimated at VND 139.1 trillion. The total State revenue in the first four months of the year decreased by 5% year-on-year to VND 645.4 trillion, reaching 39.8% of the estimate.

The total State expenditure in April was estimated at VND135.3 trillion. In the first four months, the State expenditure went up 6.1% year-on-year to VND500.3 trillion, reaching 24.1% of the estimate.

Regarding Vietnam's investment abroad in the first four months of the year, 41 projects were granted investment certificates with a total capital of US$140 million, down 51% compared with the same period last year. 11 projects had capital revised up, worth US$ 13.5 million, down 67.8% compared with the previous year.

Vietnam's total investment abroad (including the newly registered capital and adjusted capital) declined by 53.2% year-on-year to US$153.5 million. In which, the investment in the information and communication sector, agriculture, forestry and fishery and processing and manufacturing industry reached US$105.9 million, US$13.2 million and US$10.7 million, accounting for 69%, 8.6% and 7%, respectively.