Transport Ministry urges disbursement of 2021 public investments
Illustrative image (Photo: VNA)
Minister of Transport Nguyen Van The has urged for an acceleration of the disbursement of 2021 public investments.
A document on this issue, recently signed by the minister, points out that to date, many units of the ministry have yet to disburse last year’s public investment plan, with the disbursement rate being much lower than the ministry’s average.
To reach the target of having 96 percent of public investment disbursed as assigned by the Prime Minister, the Transport Ministry asks investors and project management boards to speed up disbursements and clearly report reasons for the slow pace.
The heads of the investors and project management boards bear the main responsibility for the slow work.
According to the ministry’s Planning-Investment Department, last year, the ministry’s total investment was 43.2 trillion VND (1.9 billion USD), of which 37.1 trillion VND, or 85.6 percent, was disbursed.
To achieve the set target, by the end of this month, at least 4.49 trillion VND must be doled out./.
Related News
Motivation to achieve 2024 business goals from digital transformation
10:05 | 04/02/2024 Headlines
More investments from RoK coming to Vietnam
14:30 | 28/09/2023 Import-Export
Investments - key to economic growth in Vietnam: WB expert
14:57 | 09/06/2023 Headlines
Ministry proposes 36 criteria to assess efficiency of foreign investments
15:41 | 11/10/2022 Import-Export
Latest News
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
More News
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Forum discusses support for women-owned firms to join supply chains
17:41 | 18/04/2024 Finance
Ensure savings and prevent losses in disbursement of public investment
10:24 | 18/04/2024 Finance
Your care
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance