The disbursement of public investment from the State budget in the first five months of this year was estimated to reach VND190.6 trillion (US$7.44 billion), equal to 26.6% of the yearly target and 5% higher than the same period last year, according to the General Statistics Office (GSO).

VOV.VN - Despite facing difficulties ahead, Vietnam will be able to control inflation below the target set by the National Assembly this year, according to experts.

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.

The disbursement of public investment in 2023 was projected to reach 95% of the plan, equivalent to nearly VND676 trillion (over US$27 billion), marking the record high so far, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

VOV.VN - Public investment disbursement must be hastened in more than a month’s time till the end of the year to support the national economy that is struggling hard to overcome local and global difficulties, heard a conference held in Hanoi on November 27.

Ho Chi Minh City's economy continues to maintain positive growth momentum, driven by industrial production, domestic consumption, and stable supply and demand, heard a meeting of the municipal People’s Committee on October 30.

Experts have emphasised the need for Vietnam to exert great efforts in the last three months in order to reach the yearly growth target of 6%.

Amidst global headwinds, Vietnam has worked to step up disbursement of public capital to bolster the economy as Prime Minister Pham Minh Chinh has reiterated the significance of public investment disbursement as a motive to fuel economic growth in short term as well as put in place uniform and modern infrastructure to lure more investment for sustainable development.

VOV.VN - Vietnam’s economic growth is predicted to expand by between 9.3% and 10.6% in the fourth quarter, thereby achieving annual GDP growth of 5.8% to 6% providing that growth drivers are fully tapped into and the global market rallies, according to economic experts at the Bank for Investment and Development of Vietnam (BIDV).

Deputy Minister of Planning and Investment (MPI) Tran Quoc Phuong stressed human resources development in the semiconductor industry while speaking at a government press conference in Hanoi on September 30.