VOV.VN - With the Government’s efforts to accelerate the disbursement of public investment, credit packages for social housing projects, and positive signs for the Vietnamese economy, the steel market is likely to rebound ahead in the third and fourth quarters of the year, according to industry insiders.

Representatives of ministries and sectors highlighted measures to achieve the GDP growth target for 2023 at the Government’s regular press briefing on April 3.

VOV.VN - The 2023 Vietnam Business Forum (VBF) opened on March 17 in Hanoi with the theme of “Business Community in Partnership with Government of Vietnam in Fostering Green Growth”.

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.

VOV.VN - Accelerating the disbursement of public investment can be considered one of the key political tasks of the Government this year following slow progress made in the work last year.

VOV.VN - Statistics recently unveiled by the Foreign Investment Agency (FIA) show registered FDI capital into the Vietnamese economy has fallen slightly while disbursed FDI capital has surged considerably this year.

The disbursed public investment sourced from foreign borrowing was estimated at more than VND9 trillion in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.

VOV.VN - Ho Chi Minh City, the most populous and larget economic centre in Vietnam, aims to achieve Gross Regional Domestic Product (GRDP) growth of 7.5 – 8% in 2023 – a target which is equivalent to the figure recorded in previous years but lower than 2022’s gains.

VOV.VN - Vietnam has attracted more than US$18.7 billion in foreign direct investment (FDI) during the initial nine months of the year, an annual decline of 15.3%, according to detail compiled by the Foreign Investment Agency (FIA).

Foreign-invested enterprises in Vietnam are recovering well and focusing on production and business expansion, with disbursement reaching a record high in the first eight months of 2022, according to director of the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) Do Nhat Hoang.