Từ khóa: #disbursement rate

Education authority asked schools to publicize collections of money at the beginning of the new school year.

In the first 6 months of 2023, Ho Chi Minh City handled more than 10.2 million/10.3 million dossiers. The rate of dossiers processed on time reached over 99.8 percent.

Ho Chi Minh City is facing challenges to realise its yearly growth target of 7.5%, as the rates recorded in the first and second quarters failed to meet expectations.

Ho Chi Minh City is speeding up disbursement for site clearance of projects which were allocated funds in 2022 and 2023.

Vice Chairman of the HCMC People’s Council Nguyen Van Dung conducted supervision on the implementation of public investment tasks in the 2021-2025 period at the Construction and Transport departments on May 11.

Many localities and competent agencies in Ho Chi Minh City are making great efforts to achieve the disbursement rate as per plan.

Based on statistics, the public investment disbursement rate in HCMC was only 2 percent in the first quarter of 2023. If this situation persists, it may be challenging to achieve the disbursement plan of over VND70 trillion by the end of 2023.

By November 30, 54 localities and ten ministries had a disbursement rate below 50 percent. Of these, six ministries and four localities had zero percent disbursement rate. Three ministries and five localities saw a disbursement rate of over 50 percent of the capital plan.

Deputy Prime Minister Vu Duc Dam, Head of the Working Group No.3 on inspecting, urging, removing difficulties and obstacles, and accelerating disbursement of public investment capital in 2022, on October 26, worked with some ministries, agencies, and central and local agencies on the disbursement progress of public investment capital in 2022.

Six State-owned enterprises and corporations, including Vietnam Airlines Corporation, Airports Corporation of Vietnam, Vietnam Railways Corporation, Vietnam Coffee Corporation, and Vietnam Southern Food Corporation, failed to meet the annual revenue and profit targets. Vietnam Electricity could not achieve the revenue target despite having obtained the profit plan.

Multiple BT investment projects in HCMC are still being delayed indefinitely despite the many regulations and guidelines in place, creating huge financial burdens to businesses and the government and wasting social resources.

According to Ms. Le Thi Huynh Mai, Director of the Department of Planning and Investment, Ho Chi Minh City plans to achieve a disbursement rate of public investment of above 90 percent this year.

Ho Chi Minh City had disbursed nearly VND21.28 trillion (US$920 million at current exchange rate) of public investment capital as of August 23, fulfilling 50.5 percent of the assigned capital this year, the city’s Department of Planning and Investment reported.