Disbursement of public investment must be a "breakthrough" to achieve GDP growth target

Disbursement of public investment must be a "breakthrough" to achieve GDP growth target

VCN - Facing the difficult economic situation and the low growth rate in the first quarter, to achieve a growth rate of 6-6.5% in 2023, according to experts, public investment must make a breakthrough in the remaining three quarters of the year.
Earning nearly VND 180 billion in four months of 2023 from divestment of five enterprises

Earning nearly VND 180 billion in four months of 2023 from divestment of five enterprises

VCN - According to the latest report from the Ministry of Finance, by the end of April, groups, corporations and state-owned enterprises have divested capital in five enterprises, earning nearly VND180 billion.
Slow disbursement of recovery package: What is the cause?

Slow disbursement of recovery package: What is the cause?

VCN - According to the Ministry of Planning and Investment, although it has been more than half of the implementation time, by the end of March 2023, the program for socio-economic recovery and development with a scale of 347,000 billion VND has been impl
Piloting use of recurrent spending funds to renovate existing works

Piloting use of recurrent spending funds to renovate existing works

VCN - The Government has just issued Resolution 71/NQ-CP dated May 6, 2023, on piloting the use of recurrent spending funds to renovate, upgrade, expand and build new items in existing facilities and works.
Public investment disbursement acceleration helps promote economic growth

Public investment disbursement acceleration helps promote economic growth

Prime Minister Pham Minh Chinh has requested ministries and sectors speed up administrative reform and disbursement of public investment, towards promoting economic activities to create jobs and livelihoods for people.
Accelerate the allocation and disbursement of public investment capital

Accelerate the allocation and disbursement of public investment capital

VCN - The first quarter of 2023 is over, but the allocation of capital and the disbursement of public investment has not yet achieved the expected results. The Ministry of Finance has made many recommendations and solutions for ministries, branches and lo
The more delayed the investment disbursement is, the more accumulated the capital expenditure will be

The more delayed the investment disbursement is, the more accumulated the capital expenditure will be

VCN - According to Dr Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM), amid the downtrend of many of Vietnam's economic growth drivers, public investment is still expected to be the main driver for economic growth
Public investment to be the foundation for the development of the stock market

Public investment to be the foundation for the development of the stock market

VCN - Effectively implementing public investment is considered one of the most feasible solutions at the moment to support economic recovery and development in 2023, thereby helping to create a foundation for the development of Vietnam's stock market in t
Focal public investment key to effective disbursement: official

Focal public investment key to effective disbursement: official

A key measure to effective public investment disbursement is to promote investment with focuses, with priority given to regional linkage projects to create new socio-economic development spaces for localities, said Minister-Chairman of the Government Office Tran Van Son at a regular Cabinet press conference on March 3.
Urgently disbursing public investment at beginning of the year

Urgently disbursing public investment at beginning of the year

VCN - According to the latest Ministry of Finance data, the estimated public investment disbursement rate from the State budget by the end of the fiscal year 2022 reached 80.63% of the plan. The rate recorded 92.97% compared with the target assigned by Pr
Ministry of Finance urges disbursement of public investment capital in 6 localities

Ministry of Finance urges disbursement of public investment capital in 6 localities

VCN - The Ministry of Finance has just sent an official dispatch to 6 localities to urge and remove difficulties and obstacles to accelerate the disbursement of investment capital plans.
Urgent capital needs for projects of the General Department of Taxation and the General Department of Customs

Urgent capital needs for projects of the General Department of Taxation and the General Department of Customs

Minister of Finance Ho Duc Phuc said that the capital needed to arrange for completed, transitional, critical and urgent projects of the General Department of Taxation and the General Department of Customs
FDI disbursement highest in past five years

FDI disbursement highest in past five years

Disbursement of foreign direct investment (FDI) in Vietnam in 2022 is estimated at nearly 22.4 billion USD, up 13.5% year-on-year, making it the highest amount in the past five years, the General Statistics Office (GSO) announced on December 29.
Low disbursement of public investment sourced from foreign borrowing

Low disbursement of public investment sourced from foreign borrowing

The disbursed public investment sourced from foreign borrowing was estimated at more than 9 trillion VND in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
Disbursement of foreign-sourced public investment capital remains slow

Disbursement of foreign-sourced public investment capital remains slow

About 9 trillion VND (382 million USD) of public investment capital from foreign sources has been disbursed in the first 11 months this year, accounting for only 26% of the allocated capital.
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