The Ministry of Transport aims to disburse at least 95% of the public investment capital allocated by the Prime Minister.

National Assembly (NA) Chairman Tran Thanh Man held a working session with the Standing Board of the Dong Nai provincial Party Committee on August 8 to discuss the local socio-economic performance and the progress of the Long Thanh International Airport project.

Prime Minister Pham Minh Chinh on July 16 ordered ministries, central agencies, and localities to show higher determination in speeding up the disbursement of public investment capital, focusing on five aspects, including maintaining discipline and fighting negativity.

Binh Duong province posts gross regional domestic product (GRDP) growth of 6.19% in the first half of 2024, much higher than the figure of 3.55% this southern industrial hub recorded in the same period last year.

The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.

Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.

Prime Minister Pham Minh Chinh chaired a national teleconference that opened on January 5 to review the operations of the Government and local administrations in 2023 and look at ways to implement their tasks for 2024.

Expecting a growth rate of 7% in the fourth quarter, Vietnam has high possibility to achieve about 5% growth for the whole year, held experts, assessing that although the figure is under the target of 6.5%, it is still a positive result.

Amid difficulties in the world market, greater attention should be paid to promoting the domestic market, one of the "healthy" pillars at present of the economy, to boost growth, according to Prof. Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.

With a record amount of allocated public investment capital, Minister of Transport Nguyen Van Thang wants Ministry units to strictly control the disbursement progress. The workload to achieve the target of public investment capital disbursement in the last quarter remains huge.

The Government will not change the growth target of 6.5% for 2023 and strive to reach an economic expansion of about 9% in the rest of the year, stated Prime Minister Pham Minh Chinh at a cabinet meeting in Hanoi on August 5.

Prime Minister Pham Minh Chinh chaired a teleconference between the Government and localities and the regular Cabinet meeting in Hanoi on July 4 to review the country's socio-economic performance in the first half and outline tasks for the near future.

More than 3.22 trillion VND (136.65 million USD) of public investment capital from foreign sources was disbursed in the first six months of this year, completing 27.2% of the target set for the whole year, according to Truong Hung Long, Director of the Department of Debt Management and External Finance under the Ministry of Finance (MoF).

The Ministry of Finance has proposed to develop a resolution to exempt late tax payment penalties for loss-making enterprises in 2022, but enterprises said a more comprehensive solution is needed to support them to earn profits and revenue, and gain orders to overcome the current difficult period.

The Ministry of Transport said that it will push investors and project management boards to quickly finalise procedures to launch construction of 10 projects and complete nine others within the second quarter of this year.

Prime Minister Pham Minh Chinh on February 21 chaired a national teleconference on the acceleration of public investment allocation and disbursement in 2023 as well as the socio-economic recovery and development programme.

The northern province of Bac Giang will roll out concerted measures to speed up the disbursement of public investment capital, with the launching of four new projects in late November, according to Vice Director of the provincial Department of Planning and Investment Duong Ngoc Chien.

Prime Minister Pham Minh Chinh stressed the need for drastic measures to speed up the disbursement of public investment capital and the implementation of the socio-economic recovery and development programme as well as three national target programmes, while chairing a meeting with ministries, sectors and localities on September 26.

The People’s Council of Hanoi has approved a resolution on middle-term public investment plan for the 2021-2025 period.

The central province of Nghe An holds huge opportunities, advantages and resources to make breakthroughs in the coming years, Prime Minister Pham Minh Chinh said at a working session with the Standing Board of the provincial Party Committee as part of his trip to the locality on July 24.