HCMC public investment disbursement merely reaches 1 percent in 2 months
According to a report by the State Treasury of HCMC, by February 28, the total disbursed capital was VND369 billion, only reaching 1 percent of the plan.
HCMC People’s Council to supervise public investment in March
The HCMC People’s Council plans to supervise public investment at People’s Committees, agencies, units and departments in the city from April 4 – May 21.
Gloomy building material market
The building material market was fairly gloomy in the first weeks of the year, with building material stores and construction contractors suffering firsthand because there have not been many new projects.
HCMC accelerating payment, settlement of current projects
Chairman of HCMC People’s Committee Phan Van Mai has just sent directions to the People’s Committee of all districts and Thu Duc City regarding payment and settlement of compensation projects as well as other projects in the city.
Conference opens to review 2022 performance, launch 2023 tasks
A teleconference between the Government and the 63 provinces and centrally-run cities opened on January 3 to review the 2022 performance and carry out the Party Central Committee’s conclusions and the NA’s resolution for 2023.
Flexible policies essential for further growth
The year 2022 has been a mixed picture of low public investment with not much room for a robust monetary policy.
PM chairs 5th Vietnam Business Forum
A plenary session of the fifth Vietnam Business Forum co-chaired by Prime Minister Pham Minh Chinh, Head of the Central Economic Commission Tran Tuan Anh and leaders of the National Assembly opened on the evening of December 17 in Hanoi.
Six ministries, four localities see zero percent disbursement rate
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.
HCMC tackling mechanism-related issues in current projects
Ho Chi Minh City People’s Committee has recently focused on particularly addressing each problem of businesses and organizations sited in the city arisen by mechanisms.
Rising public investment to lift various stocks
Public investment is expected to soar in the last months of 2022, giving a big push to various sub-industries.
Investment plan for HCMC–Long Thanh–Dau Giay Expressway expansion impractical
The Transport Ministry yesterday announced its opinion on the proposal to expand HCMC – Long Thanh – Dau Giay Expressway by Vietnam Expressway Corporation (VEC), including a request to clarify the scale and investment plan for this project.
HCMC needs VND8,200 billion to improve landfills
The Ho Chi Minh City Department of Natural Resources and Environment has just sent a report to the Economic and Budgetary Committee of HCMC People’s Council about the results of implementing laws on public investments and the progress of public-investment projects using the budget from HCMC People’s Council.
VN considering investment conditions for Thu Thiem – Long Thanh Railway project
The Transport Ministry has just released Notice No.347-TB-BGTVT about the conclusion of Minister of Transport Nguyen Van The at the meeting regarding investment methods for the two important railway projects of Bien Hoa – Vung Tau and Thu Thiem – Long Thanh.
Traffic bottlenecks erased to ease congestion in HCMC
To gradually reduce traffic congestion in the inner city, towards the completion of the Traffic Infrastructure Development Project and the Ho Chi Minh City Infrastructure Development Breakthrough Program, the Department of Transport of HCMC has been implementing many projects to expand intersections.
HCMC allocates US$5.3 mln to prepare for investment in Ring Road 3 project
At the sixth plenary session of the tenth tenure Ho Chi Minh City People’s Council this morning, deputies voted for the approval of the Resolution on establishing delegations in charge of supervising the implementation tasks of public investment and social housing projects in the city in the period 2021- 2025.
NA orders adding textbooks to list of goods valued by the State
The National Assembly voted to approve the Resolution of the third session of the 15th NA on the afternoon of June 16.
HCMC prepares to invest in eight major traffic infrastructure projects
The People's Committee of Ho Chi Minh City has recently assigned the Department of Planning and Investment to advise and submit a decision for investment preparation in transport projects approved by the People's Council of HCMC to supplement the medium-term public investment plan for the 2021-2025 period from the source of the medium-term public investment provision.
VND1.098 trillion to upgrade Nha Trang – Saigon railway section
The Railway Project Management Board has recently submitted to the Ministry of Transport for appraisal and approval a feasibility study report on the construction of the project “Renovating and upgrading the Nha Trang - Saigon section of the North-South railway line”.
HCMC proposes to continue implementing specific mechanisms and policies
Chairwoman of the People's Council of Ho Chi Minh City Nguyen Thi Le suggested that the municipal People's Committee should analyze the causes, especially the subjective ones, and determine the content that needs to be adjusted in Resolution 54. The city will base on the analysis for its continued proposal to the National Assembly about the implementation of a new resolution on city development mechanisms and policies.
PM orders acceleration of ODA, preferential loan disbursement
Deputy Prime Minister Pham Binh Minh on April 8 signed the Prime Minister’s dispatch requesting the acceleration of disbursement of foreign official development assistance (ODA) and preferential loans.