Business

Disbursement of public investment up 34.4 pct in 10 months

The disbursement of public investment sourced from the State budget reached 354.6 trillion VND (nearly 15.3 billion USD) in the first ten months of this year, an increase of 34.4 percent compared to the same period last year, according to the General Statistics Office (GSO).
Disbursement of public investment up 34.4 pct in 10 months ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) - The disbursement of public investment sourced from the State budget reached 354.6 trillion VND (nearly 15.3 billion USD)in the first ten months of this year, an increase of 34.4 percent compared to thesame period last year, according to the General Statistics Office (GSO).

An estimated 52 trillion VND (2.24 billion USD) of public investment was disbursed in October alone, up 42.2 percentyear-on-year.

The GSO said total foreign investment in Vietnam by October 20, including newly-registeredcapital, additional capital, and share purchases and capital contributions,stood at 23.5 billion USD, down 19.4 percent year-on-year.

About 2,100 new projects were granted licenses with combined registered capital of 11.7 billion USD, down 32.1 percent in number and 9.1 percent in capital year-on-year.

A total of 5.7 billion USD was added to 907 existing projects, up 4.4 percentagainst the same period last year.

Meanwhile, 6.1 billion USD in foreign investment was spent on purchasing sharesin Vietnam, down 43.5 percent year-on-year.

Vietnam invested 314.5 million USD in 107 new projects and added 163.8 millionUSD to 28 other projects overseas during the first ten months, the office said./.
VNA
#disbursement #public investment #State budget #newly-registered capital #additional capital #capital contribution #Vietnamplus #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Representatives from companies receive certificates of trademark rights at the launch of the "Green and Low-Emission Vietnam Rice" trademark. (Photo: nld.com.vn)

"Green and Low-Emission Vietnam Rice" trademark launched

VIETRISA Chairman Bui Ba Bong said that the launch is a strategic turning point in building the Vietnamese rice brand, aiming for the premium markets with strict carbon emission standards. The new rice trademark represents a commitment to environmental and social responsibility, not just a commercial label.

The Vietnam Pavilion at EXPO 2025 Osaka-Kansai. (Photo: VNA)

Vietnam pavilion opens to visitors at EXPO 2025 Osaka-Kansai

Spanning 300sqm, the pavilion showcases Vietnam’s history, culture, and innovation through modern exhibition technologies including holograms, VR, and digital mapping. Designed as a cultural gateway, it tells the story of a dynamic, inclusive, and sustainable Vietnam rooted in strong human values.

Overview of the meeting (Photo: PVdrilling.com)

Domestic oil rig demand set to soar with new projects

The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 will return from overseas to serve a contract at Block B – Phu Quoc in mid-2027, positioning the company for stronger revenue growth.

The Vietnam Connect Forum 2025 takes place in Hanoi on April 23. (Photo: VnEconomy)

Vietnam remains attractive destination for foreign enterprises: forum

Over nearly four decades of Doi moi, Vietnam remains consistent in encouraging foreign investment. It has continued to create an optimal investment environment by improving its legal framework, enhancing administrative reforms, and developing infrastructure and human resources.

Checking the operation of 110kV power projects in the Central Highlands provinces. (Photo: VNA)

PM urges drastic measures to ensure power supply for peak period

It noted that as ensuring national energy security and sufficient electricity supply is one of the fundamental and decisive factors for the successful implementation of the country’s socio-economic growth targets, the Government and the Prime Minister have proactively and decisively directed relevant tasks and solutions early and from afar to ensure adequate power supply.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien ̣(fourth from left) holds phone talks with US Trade Representative Jamieson L. Greer on April 23 evening. (Photo: VNA)

Vietnam, US kick start bilateral economic, trade negotiations

Vietnamese ministries and sectors stand ready to address the US’s concerns and work together to find mutually beneficial solutions based on the principle of harmonised interests and shared risks, said Minister of Industry and Trade Nguyen Hong Dien.