Disbursement of public investment in the first six months of 2020 amounted to nearly VND156 trillion (US$6.73 million), fulfilling 33.1% of the plan set by the National Assembly and the Prime Minister, higher than the 28.56% recorded in the same period last year, according to the Ministry of Planning and Investment.
VOV.VN - Prime Minister Nguyen Xuan Phuc has requested that the nation’s various ministries, agencies, and localities make greater efforts to maintain macroeconomic stability in the post novel coronavirus (COVID-19) period, paving the way for greater socio-economic development.
VOV.VN - A workshop held in Hanoi on June 10 discuss measures aimed at helping local businesses affected by the novel coronavirus (COVID-19) pandemic overcome challenges and ensure stable development in the post-pandemic period.
The southern economic hub of Ho Chi Minh City has spent VND465 billion (US$20.2 million) supporting more than 336,550 business households and employees seriously affected COVID-19, according to Director of the municipal Department of Labour, Invalids and Social Affairs Le Minh Tan.
The Government has proposed to the National Assembly three options for transforming investment models at sub-projects of the Eastern North-South Expressway for consideration.
VOV.VN - For the first time Vietnam is launching a series of relief packages worth approximately VND600 trillion (US$25 billion) to get the national economy back on track after being badly affected by the novel coronavirus epidemic (COVID-19).
VOV.VN - Addressing a regular Cabinet meeting held in Hanoi on May 5, Prime Minister Nguyen Xuan Phuc stressed the urgent need to revitalise the economy which has been badly affected by the effects of the novel coronavirus (COVID-19) and to keep it on a positive growth trajectory.
The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut by half this year for small and medium-sized enterprises (SMEs) in an effort to boost growth when the COVID-19 pandemic eases.
VOV.VN - Despite a fall in the number of positive novel coronavirus (COVID-19) cases over the past two days, every citizen should remain vigilant whilst carrying out preventative measures in line with proposed regulations, said Prime Minister Nguyen Xuan Phuc at a cabinet meeting on COVID-19 prevention and control in Hanoi on April 6.
Prime Minister Nguyen Xuan Phuc has agreed with the Ministry of Planning and Investment (MPI)’s proposal on a national online conference on speeding up public investment disbursement in 2020, which is set to take place late April.
Hanoi has maintained a high growth rate so far this year, with the GRDP expanding 7.35 percent in the first nine months of this year, it was reported at the 10th session of the city’s People’s Council on October 25.
Prime Minister Nguyen Xuan Phuc has demanded ministries, sectors and localities to take stronger actions to speed up the disbursement of the public investment capital plan for 2019, as the disbursement so far is at a critically low level.
Prime Minister Nguyen Xuan Phuc has requested ministries to prioritise capital in the medium-term public investment plan for 2016-2020 to natural disaster prevention and climate change response in the time ahead.
A driving force for short-term growth has lost due to the sluggish expansion of public investment, Prime Minister Nguyen Xuan Phuc has said, demanding drastic actions to remove barriers hindering the disbursement of public investment.
Prime Minister Nguyen Xuan Phuc has asked ministries, ministry-level and central agencies as well as centrally-run localities to make middle-term plans for public investment in 2021-2025.
The Ministry of Planning and Investment (MPI) is accelerating the compilation of a draft law on investment in the public-private partnership format and another to amend and supplement the Law on Investment and the Law on Enterprises.
The draft revised law on public investment was at the focus of attention at the National Assembly during the morning of May 28, the 7th working day of the NA’s 7th session.
VOV.VN - Prime Minister Nguyen Xuan Phuc has requested that ministries, sectors, and localities make concerted efforts to fully disburse public investment capital as allocated.
The Prime Minister has recently issued Directive No. 03/CT-TTg on the implementation of the National Assembly Standing Committee’s Resolution No. 582/NQ-UBTVQH14 on a number of tasks and solutions to continue accelerating the implementation of policies and laws on management and use of foreign loans.
VOV.VN - Vietnam has restructured public investment toward faster and more sustainable economic growth. A government report says public investment has contributed significantly to Vietnam’s GDP growth of 6.98% in the past 9 months.