Friday, August 18, 2017 - 12:11:48

Hanoi mobilises 1 trillion VND for infrastructure projects

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Hanoi successfully mobilised 1 trillion VND (48 million USD) from sales of its bonds at the Hanoi Stock Exchange on June 25.

This would help the city quickly realise its plan to raise 5 trillion VND for its eight key infrastructure projects.

The Hanoi State Treasury said it plans to issue bonds worth totally 2 trillion VND in 2013, 1.5 trillion VND in 2014 and the rest in 2015 for the plan.

The eight projects involve building five traffic works to reduce traffic congestion, upgrading two hospitals in suburban areas, and improving the irrigation system in the city’s eastern region.-VNA
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