PM leads mindset change for infrastructure breakthrough

PM leads mindset change for infrastructure breakthrough

Public investment can be a growth engine for the Vietnamese economy, in a new context and with a different development perspective.
Public investment to spur faster growth

Public investment to spur faster growth

Vietnam is to continue speeding up disbursement of public investment, with a focus on infrastructure development, in a bid to spur on economic growth and create more space for private enterprises.
Public investment disbursement must be sped up: minister

Public investment disbursement must be sped up: minister

Speeding up the disbursement of public investment from the start of this year was an important solution to accelerate economic recovery amid the COVID-19 pandemic, Minister of Finance Dinh Tien Dung has said.
2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF

2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF

The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
Silver lining found in investment channel risk this year

Silver lining found in investment channel risk this year

Investors are pinning their hopes on different investment channels this year despite the many difficulties and risks brought about by COVID-19, analysts have said.
Public investment will focus on key projects: Minister

Public investment will focus on key projects: Minister

Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
Reshuffle underway to further stimulate revival of economy

Reshuffle underway to further stimulate revival of economy

The 13th National Party Congress is expected to set the country’s average annual growth rate of 6.5-7 per cent from now until 2025, when Vietnam may become a higher middle-income nation. To this end, restructuring public investment and state-owned enterprises will be more critical in order to create a level playing field in the economy.
Annual targets for 2021 tough but achievable

Annual targets for 2021 tough but achievable

The rate of public investment disbursement in 2020 was the highest in the last five years, contributing to enhancing economic growth and enabling Vietnam to be one of the highest-growth economies worldwide.
Significant gains towards public investment goals

Significant gains towards public investment goals

Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.
Public investment pushed to the fore

Public investment pushed to the fore

Vietnam will continue pumping a great deal of money into public investment with a view to reaching the country’s economic growth goal for next year.
Positive growth trajectory likely

Positive growth trajectory likely

The expected economic growth rate for next year may not be out of reach if a surge in local production and exports, as well as public investment, materialises.
Disbursement of public investment up 34.4 pct in 10 months

Disbursement of public investment up 34.4 pct in 10 months

The disbursement of public investment sourced from the State budget reached 354.6 trillion VND (nearly 15.3 billion USD) in the first ten months of this year, an increase of 34.4 percent compared to the same period last year, according to the General Statistics Office (GSO).
Raising growth via public investment

Raising growth via public investment

The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.
Realising revised growth ambitions

Realising revised growth ambitions

Vietnam’s fourthquarter economic outlook is brighter on the back of a rise in domestic consumption and public investment.
MPI highlights value of speedy disbursements

MPI highlights value of speedy disbursements

With a tumultuous 2020 slowly nearing its end, the Ministry of Planning and Investment is engaging in pushing all national administrative agencies to speed up disbursement of capital to support the country’s goal of reaching satisfying economic growth, despite the pandemic’s impacts.
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