Business

Hanoi adopts five-year public investment plan

The People’s Council of Hanoi has approved a resolution on middle-term public investment plan for the 2021-2025 period.
Hanoi adopts five-year public investment plan ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The People’s Council of Hanoi hasapproved a resolution on middle-term public investment plan for the 2021-2025period.

According to the municipal People’s Committee, thedisbursement of public capital of a number of projects has lagged behindschedule, with some stagnant projects in the 2016-2020 period cancelled. Meanwhile,the demand for middle-term public investment remains huge.

In March, the committee asked local departments, districts and investors to makeupdates and adjustments to the city's plan.

Along with requesting local authorities to apply measures to speed up the progressof projects from all stages, municipal authorities have asked for the allocation of enough capitalfor underway projects, the adjustments of stagnant projects and the carefulconsideration of new projects to match the city’s capacity in resourcebalancing.

In order to effectively implement the plan, the city askedlocal sectors, departments and localities to work closely together to deal withdifficulties in the disbursement of public investment capital, whilespeeding up the progress of new projects.

The Department of Construction was asked to improve the quality of itsproject proposals and estimated investment for each project.

Particularly, the city People’s Committee has asked fordrastic measures to remove obstacles in ground clearance for public investmentprojects.

The committee also requested relevant agencies to fully andaccurately report the outstanding debts for capital construction and capitalneeded for projects to be completed in the 2021-2025 period./.
VNA
#Hanoi #public investment #public investment capital #ground clearance #Vietnam #Vietnam news #Vietnam News Agency Ha Noi
Follow VietnamPlus

Related News

Air pollution engulfs Hanoi city

Air pollution engulfs Hanoi city

Visible dense haze engulfed Hanoi throughout January 14 with the air quality index (AQI) monitored at most sensor station reaching unhealthy levels from 151 to 193 from early in the morning.
Hanoi lives up to ‘Heroic Capital’, ‘City for Peace’ titles

Hanoi lives up to ‘Heroic Capital’, ‘City for Peace’ titles

Over the last 67 years, since the liberation of Hanoi from the French colonialists, the local administration and people have made unceasing efforts and obtained numerous achievements to turn the capital city into a development momentum of the northern region and a symbol of patriotism, the love for peace, the spirit of solidarity, and the aspiration to move forward of the entire people.

See more

Delegates at the conference in Hanoi on July 9. (Photo: hanoimoi.vn)

Inflation pressure in H2 to be driven by exchange rates, credit: experts

Inflationary pressure in the second half of 2025 would remain moderate, as factors driving prices up and down are expected to balance each other out. Assuming the CPI rises by an average of 0.27% per month, matching the average increase in the last six months of the 2015-24 period, the average inflation rate for 2025 is forecasted at 3.4%.

Foreign visitors at Vietnam's booth at Source Fashion London (Photo: VNA)

Vietnamese products make mark at Europe’s largest fashion, textile fair

Le Dinh Ba, Trade Counsellor at the Vietnam Trade Office, said the national pavilion enabled small- and medium-sized enterprises to participate by sending products and catalogues. The exhibition offered a valuable platform for Vietnamese businesses to showcase their capabilities, connect with buyers, and build long-term trade relationships.

Preferential tariff policy aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models. (Illustrative image. Source: VNA)

Auto enterprises to enjoy preferential import tariff policies

The new decree, which took effect on July 8, 2025, revises the minimum production volume criteria for enterprises seeking to benefit from preferential import tariffs on automotive components under the preferential tariff programme. This policy aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models.

The small-sized banking group is forecast to have notable deals in changing the stock exchanges in H2 2025. (Photo: VNA)

Small banks forecast to lead growth in H2

The small-sized banking group is expected to have the strongest growth rate of up to 35% thanks to boosting real estate credit from a low base and starting to accelerate bad debt handling.

Aerial view of cleared land and ongoing demolition at the site of HCM City's Metro Line 2 project. (Photo: thesaigontimes.vn)

Vietnam halts use of German ODA loans for HCM City metro line

The first phase of HCM City's Metro Line No. 2, stretching 11.3km with 10 underground and one elevated station, was approved in 2010 with an estimated cost of 26 trillion VND (994 million USD). That figure was revised to nearly 47.9 trillion VND (1.8 billion USD) in 2019 after delays and cost escalations.

Chairman of the Party Central Committee’s Commission for Policies and Strategies Tran Luu Quang (right) meets with President of AES Vietnam Oliver Marquette on July 9, 2025. (Photo: VNA)

Vietnam pledges support for AES investment in green energy

Tran Luu Quang, Chairman of the Party Central Committee’s Commission for Policies and Strategies, praised AES’s investment performance in Vietnam in recent years and welcomed its long-term commitment, particularly in the field of green and clean energy that supports the country's development and energy transition.

Prime Minister Pham Minh Chinh chairs the third meeting of the steering committee for national key railway projects. (Photo: VNA)

PM urges swift, accountable implementation of key railway projects

As head of the steering committee, PM Chinh reiterated the strategic direction outlined in the 13th National Party Congress, which emphasises the need to continue three strategic breakthroughs, with priority given to railway development and starting work on several sections of the North–South high-speed railway, improving transport connectivity with economic zones, industrial parks, seaports, and airports, and accelerating the pace of urban railway projects in Hanoi and Ho Chi Minh City.