Hanoi (VNA) – The total social investment capital disbursed during January – September rose 6.8% to some 2.42 quadrillion VND (97.2 billion USD) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).
In its report announced on October 6, the office said disbursed capital in the state sector topped 664 trillion VND, inching up 4.1% against the same time last year, while the amounts in non-state and foreign direct investment sectors were over 1.33 quadrillion VND and 415.6 trillion VND, rising 7.1% and 10.7%, respectively.
The state investment has an important role to play in developing key national projects, contributing to promoting economic shifting in localities across the nation, while serving as seed funding to attract other investment sources, it stated.
GSO Director General Nguyen Thi Huong held that amidst global economic challenges, the acceleration of the disbursement of investment capital together with harmonious and effective implementation of such solutions as marcroeconomic stabilisation, good control of inflation, and creation of a sound business environment are among the crucial factors to boost the economic growth in the remainder of the year./.
Transport sector plans to reach public investment disbursement rate of 98% this year
The Ministry of Transport plans to disburse 75.824 trillion VND (3.03 billion USD) or 98.5% of the allocated public investment to the ministry this year, according to the Department of Planning and Investment's report.
