In an effort to take the lead in the post-pandemic economic recovery and development, Hanoi has stepped up investment in the development of industrial clusters.
The south central province of Ninh Thuan plans to start construction of a liquefied natural gas (LNG)-fueled power complex, the first of its kind in the province, in Phuoc Diem commune, Thuan Nam district, in the third quarter of 2021.
Prime Minister Nguyen Xuan Phuc on December 13 attended a groundbreaking ceremony for an infrastructure building and trade project at Lien Ha Thai industrial park (Green iP-1) in Thai Thuy district, the northern province of Thai Binh.
More than 50 percent of this year’s revised plan for public investment sourced from foreign concessional loans and official development assistance (ODA) funds has been left undisbursed as the year’s end approaches, Deputy Minister of Finance Tran Xuan Ha told a Hanoi conference on December 7.
Minister of Planning and Investment Nguyen Chi Dung has said heads of units must consider disbursement of public investment capital a key political task and its results as a basis to evaluate task fulfillment.
Prime Minister Nguyen Xuan Phuc on October 29 ordered competent ministries, sectors, and localities to take stronger actions to speed up the disbursement of official development assistance (ODA) and foreign loans for 2020, as disbursement remains at a critically-low level.
The southern coastal province of Ba Ria - Vung Tau has asked the Government to allocate capital from the central budget to speed up progress of national key projects in the province over the next five years.
The northern province of Phu Tho is emerging as an attractive destination for both local and foreign investors thanks to its uniform infrastructure, open policies, and safe business climate.
The HCM City Department of Transport is urging the city People's Committee to approve investment for 55 urgent transport infrastructure projects next year, including five new overhead roads to ease traffic congestion at hotspots connecting eastern and western areas.
Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.
Vietnam Electricity (EVN) planned to put two turbines of Thuong Kon Tum hydropower plant and Se San 4 solar power plant into operation by the year-end.
The disbursement of capital sourced from the central budget for public investment purposes had reached 29 percent of the annual plan as of September 30, according to Truong Hung Long, Director of the Department of Debt Management and External Finance at the Ministry of Finance.
The 11th Congress of southern Dong Nai province’s Party Organisation for the 2020-2025 tenure will take place on October 14-16 with the participation of 348 delegates.
The south-central province of Ninh Thuan needs to devise a plan to become a renewable energy centre in line with national power planning, a workshop on October 12 heard.
Ten out of 12 ministries and agencies have committed to completing the disbursement of foreign loans this year after adjusting down their capital plans, the Ministry of Finance has reported.
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XIII National Congress of Communist Party of Vietnam
