Construction on three component projects of the North-South Expressway are scheduled to begin on September 30.

The State Audit Office of Vietnam (SAV) held a workshop in Hanoi on September 22 to discuss measures to boost the effectiveness of public investment disbursement and the role of State audits.

Ministers and leaders of People’s Committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption.

As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.

An online Vietnam-Singapore investment promotion conference was held on September 17 with the participation of 500 enterprises from over 80 Singaporean business associations and chambers of commerce around the world.

The 2020 Sourcing Fair Supporting Industries (SFS 2020) was held on September 17 to help companies in supporting industries expand their markets and join global supply chains.

The central city of Da Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-2025, focusing on transport and traffic.

Prime Minister Nguyen Xuan Phuc on September 7 held a dialogue with Japanese economic groups and businesses interested in expanding investment in Vietnam.

Problems remain in the implementation of Hanoi’s middle-term public investment plan for the 2016-2020 period, Vice Chairwoman of the municipal People’s Council Phung Thi Hong Ha said.

Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001.