VOV.VN - Prime Minister Pham Minh Chinh underlined the need to clarify causes and bottlenecks leading to the slow disbursement of investment capital while chairing a conference aimed at promoting public investment in 2024 held on July 16 in Hanoi.
VOV.VN - It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance Ho Duc Phoc.
The Government has proposed the National Assembly (NA) allow the use of VND18.22 trillion (US$715.6 million) sourced from the increased sum of the 2023 central budget collection for 14 public investment projects.
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 - The Asian Development Bank (ADB) country director for Vietnam Shantanu Chakraborty has said the Asian financial institution is optimistic about the country’s economic prospects this year.
VOV.VN - The Ministry of Planning and Investment has unveiled two new scenarios for the Vietnamese economy this year thanks to positive signs recorded in the first quarter.
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.
Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.
Ho Chi Minh City wants to promote innovation and multi-national cooperation, and calls for public investment in order to shift to a greener and more sustainable economy, a local official has said.
VOV.VN - The government has proposed using more than VND63 trillion from contingency fund of the 2021-2025 public investment sourced from the 2022 increased budget revenue for development projects, with most of the amount to go to modern infrastructure projects.