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.

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.

VOV.VN - Vietnam needs to pool all resources and bring into full play growth drivers in 2024 to meet the Government set target of achieving a GDP growth rate of 6-6.5%, said experts.

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.