Chairman of the National Assembly (NA) Vuong Dinh Hue had a working session with the parliament’s Committee for Financial and Budgetary Affairs in Hanoi on April 22, highlighting the committee’s significant contributions to the success of the 14th NA.
The Mekong Delta province of Tien Giang plans to mobilise over 3.7 trillion VND (160.64 million USD) in public investment capital this year, Director of the provincial Department of Planning and Investment Nguyen Dinh Thong has said.
The Ho Chi Minh City Department of Transport has asked the city government to give priority in the next five years to six key transport projects worth 27.488 trillion VND (1.19 billion USD) in order to clear congestion on roads leading to ports, especially Cat Lai Port in District 2.
The Government needs to immediately start working to promote progress and results it has achieved, said Prime Minister Pham Minh Chinh while chairing a Government meeting on April 15, the first since new Cabinet members were elected at the 11th session of the 14th National Assembly earlier this month.
Ho Chi Minh City needs to prioritise resources for transportation infrastructure, especially major roads linking its seaports, the municipal Transport Department has suggested.
Credit growth will expand significantly from Quarter 2 and exceed the State Bank of Vietnam (SBV)’s target of 12 percent for the year as a whole if the pandemic is brought under good control and the vaccination campaign proves effective, according to insiders.
Due to Vietnam’s natural features and geography, the development of a high-speed railway is imperative and any delays will hinder socio-economic growth, Chairman of Vietnam Railways Vu Anh Minh has said.
Vietnam’s economic growth in the first quarter is estimated at 4.48%, higher than the 3.68% posted in the first quarter of last year. However, there is still much to be done to reach the annual target of 6.5%, according to insiders.
The Vietnamese economy continues to face many difficulties in the following quarters and the target of a 6.5 percent growth rate this year will be a great challenge as the global economy is still affected by the COVID-19 pandemic, head of the General Statistics Office (GSO) Nguyen Thi Huong has stated.
Vietnam's stock market is expected to maintain its growth momentum of last year at 15-20 percent based on positive supporting factors, experts have said.
Improving the business climate is part of the southern province of Dong Nai’s efforts to boost its economic growth during 2021-2025, Chairman of the provincial People’s Committee Cao Tien Dung said at a recent conference.
The Mekong Delta needs 338 trillion VND (16.5 billion USD) in the next five years to upgrade its traffic infrastructure, improve water storage and mitigate riverbank and coastal erosion.
Vietnam’s airport development planning should give top priority to key projects with stringent standards put in place for project approval, State management agencies and aviation insiders have said.
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4 percent of its yearly plan of public capital disbursement at the end of the first quarter of this year.
Hanoi aims to mobilise 65.4 trillion VND (2.82 billion USD) for the metro line No. 5 connecting Van Cao and Hoa Lac, scheduled to be put into operation in 2026, according to the municipal People’s Committee.
Deputy Prime Minister Vu Duc Dam has signed a decision approving the task of making planning for the science-technology organisation network in the 2021-2030 period with a vision to 2050.
Public investment disbursement has been accelerated since the opening days of the year as it continues to be seen as an important driving force of economic growth this year, the Dau tu (Vietnam Investment Review) newspaper reported.
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