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.

VOV.VN - The Vietnamese economy has shown signs of improvement and positive recovery, Prime Minister Pham Minh Chinh said, while asking localities and ministries to devise effective solutions in all fields so as to maintain growth momentum ahead in the remaining months of the year.

VOV.VN - Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, driven by strong domestic consumption, which is supported by moderate inflation, an acceleration of public investment, and improved trade activities, said the Asian Development Bank (ADB)'s Country Director for Vietnam Shantanu Chakraborty.

Ho Chi Minh City has decided to spend over VND7 trillion (US$304 million) from its budget on infrastructure and equipment of health care units under the mid-term public investment plans for the 2021-2025 and 2025-2030 periods.

VOV.VN - Prime Minister Pham Minh Chinh chaired a regular monthly meeting in Hanoi on September 9 to examine implementation of socio-economic development tasks for August and the first eight months of 2023, and put forward solutions for September and beyond.

Ho Chi Minh City’s Index of Industrial Production (IIP) in August increased 6.6% over the same period last year, according to the municipal Department of Industry and Trade.

VOV.VN - A challenging external environment and weaker domestic demand is leading to a slowdown in economic growth in Vietnam, but the economy will pick up pace in the second half of 2023 and the following years, the World Bank said in an economic update released on August 10.

The total disbursement of public investment reached VND267.6 trillion (US$11.2 billion) as of the end of July, fulfilling only 35.49% of the plan set for 2023, but higher than the 34.47% recorded in the same period last year, according to the Ministry of Finance.