Only over VND220.7 trillion (US$9.7 billion) worth of public investment capital was disbursed by the end of August, or 40.6% of the plan assigned by the Prime Minister.

The Minister of Transport recently requested the establishment of a special working group to boost the disbursement of public investment capital for projects in the transport sector.

Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.

Good planning will make it possible to design good projects and draw good investors, thus promoting public investment efficiency and boosting socio-economic development, stated Prime Minister Pham Minh Chinh at a national conference on planning held virtually on August 19.

VOV.VN - Prime Minister Pham Minh Chinh has moved to sign a dispatch outlining a range of measures aimed at accelerating the disbursement of public investment during the remainder of the year.

The disbursed public investment declined in July due to the surge in COVID-19 cases, but it still grew 5.6% in the first seven months of 2021 as compared to the same period last year.

VOV.VN - National Assembly deputies continue their first session of the new legislature in Hanoi on July 24, examining a range of important issues, including a State President nomination for the 2021-2026 term.

Public investment will focus on important and key industries and sectors of the economy, of which economic sectors account for more than 71%.

VOV.VN - The Central Institute for Economic Management (CIEM) has revised two scenarios for the Vietnamese economy by the end of the year, with the GDP rate forecast to expand by 5.9% and 6.2%, respectively.

The 14th National Assembly Standing Committee concluded its 58th meeting in Hanoi on July 14.