Tag: Public investment
A difficult year ahead but there is room for economic growth: Experts
Although the economy was forecast to continue facing difficulties and challenges in 2023, there were silver linings to pin hope on, experts said.
Gov't disburses over US$38.5 million for Cat Linh–Ha Dong railway project
The Government has disbursed more than VND910 billion (US$38.5 million) for the implementation of the Cat Linh–Ha Dong urban railway project.
Low disbursement of public investment sourced from foreign borrowing
The disbursed public investment sourced from foreign borrowing was estimated at more than VND9 trillion in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
Public investment engine of growth for 2023: Experts
Given the little room left for monetary policy to add stimulus to the economy, fiscal policy would be the engine of growth next year, according to Ho Sy Hung, vice chairman of the Commission for the Management of State Capital at Enterprises.
Disbursement of foreign-sourced public investment capital remains slow
About VND9 trillion (US$382 million) of public investment capital from foreign sources has been disbursed in the first 11 months this year, accounting for only 26% of the allocated capital.
Ho Chi Minh City eyes 8% growth in 2023
VOV.VN - Ho Chi Minh City, the most populous and larget economic centre in Vietnam, aims to achieve Gross Regional Domestic Product (GRDP) growth of 7.5 – 8% in 2023 – a target which is equivalent to the figure recorded in previous years but lower than 2022’s gains.
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Over US$6 bln earmarked for national socio-economic recovery
Prime Minister Pham Minh Chinh has issued a decision earmarking over VND147 trillion (US$6.39 billion) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.
PM orders accelerating public investment capital disbursement
VOV.VN - It remains imperative to roll out drastic measures aimed at fast-tracking the disbursement of public investment capital and the realisation of the socio-economic recovery and development programme, as well as three national target programmes.
Eight-month public investment disbursement reaches 51% of yearly plan
A total of VND285.4 trillion (US$12.18 billion) sourced from the State budget was disbursed in the first eight months of 2022, equal to 51% of the yearly plan and up 16.9% year-on-year.
Lawmakers consider post-pandemic economic recovery progress
VOV.VN - The National Assembly Standing Committee is scheduled to examine issues related to socio-economic recovery and development projects at an extraordinary session to be held on August 29 afternoon.
