Vietnamplus

The Prime Minister has asked ministries, agencies, municipal and provincial authorities to submit reports on the disbursement of public investment this year.

Major projects with State investment of at least 10 trillion VND (448.9 million USD) will be reviewed to calculate the exact total capital needed and avoid losses.

Representatives of Ho Chi Minh City’s People’s Council’s eighth term on April 21 approved a public investment proposal on 1,277 projects with a total investment of 137 trillion VND until 2020.

The role of the State in investment activities has been spotlighted at a conference in Hanoi on April 12.

The Ministry of Planning and Investment hosted a workshop on March 5 in Binh Dinh on building green growth strategies and action plans for the central provinces of Binh Dinh, Phu Yen and Khanh Hoa.

Malaysia’s economic growth was recorded at 5 percent in 2015 compared to 6 percent in 2014, according to Malaysian Department of Statistics.

The Ministry of Construction has completed its mid-term public investment for 2016-2020 under the Law on Public Investment to submit to the Ministry of Planning and Investment.

Delegates to the ongoing 12th National Party Congress have lauded political reports presented at the event, saying they are prepared thoroughly.

Restructuring is decisive to the quality of economic growth and the level of economic development amidst new challenges posed by international integration, economists said at a seminar on Dec. 17.

Public investment restructuring is still sluggish and has not focused on measures improving investment effectiveness, many experts pointed out at a seminar in Hanoi on November 24.

Vietnam has implemented an open contracting initiative as part of a drive to improve transparency in procurement activities, particularly in public investment projects.

Consulting firm Grant Thornton (Vietnam) has released a report on private equity that shows an encouraging improvement in respondents' belief in higher investment activities in the next 12 months.

Vietnam needs to complete economic market institutions while promoting administrative reforms and creating favourable conditions for foreign businesses to invest in the country.