Disbursement of public investment slow in January – May The disbursement of public investment was slow in the first five months of this year, meaning greater effort was needed to push up progress as such investment is an important driver for post-pandemic economic recovery. The Ministry of Transport, one of the ministries and agencies allocated the largest sum of public investment this year, worth nearly VND43 trillion for 61 projects, was seeing slower than expected disbursement. The ministry's statistics showed that as of the end of May, the ministry disbursed more than VND13.5 trillion, equivalent to 32.1 per cent of the plan for the full year. The transport ministry said despite being one of the ministries and agencies with the highest public investment, the progress failed to meet the plan because most projects were focusing on conducting procedures for implementation in the first months of this year and disbursement was expected to be sped up in the second half. Statistics of the Ministry of Finance showed that realised public investment was estimated at more than VND102 trillion in January – May, or 22 per cent of the Government's plan and 3.8 percentage points lower than the same period last year…. Read full this story
- BUSINESS NEWS HEADLINES DEC. 4
- Will Vietnam loosen monetary policies?
- Vietnam among top five global textile exporters
- VN banks warned about risks of real estate corporate bonds
- A runaway winner! Man fleeing from leopard as it mauls his neighbour is just one brilliant image to make it onto AFP's best photos of 2019 list
- Auto stocks to grow thanks to rising consumption
- How Europe's far right fell in love with Australia's immigration policy
- Mike Bloomberg jumps ahead of Kamala Harris in new poll just days after former New York mayor announced his candidacy and lured away a top staffer from senator's campaign
- Emirates offers free accommodation and tourist visa for travellers to Dubai
- 'I'm not a billionaire. I can't fund my own campaign.' Kamala Harris drops out of 2020 presidential race with parting shot at Michael Bloomberg
VIETNAM BUSINESS NEWS JUNE 17 have 330 words, post on vietnamnet.vn at June 17, 2021. This is cached page on Vietnam Colors. If you want remove this page, please contact us.