As heard at the event, the total disbursement of public capital in 2022 (as of the end of January 2023) was over 541 trillion VND (22.8 billion USD) or nearly 93.5% of the yearly plan.

Deputy Minister of Planning and Investment Tran Duy Dong speaks at the event.

In 2023, the workload is expected to be heavier when a total capital of over 700 trillion VND is planned to be allocated to localities, according to Deputy Minister of Planning and Investment Tran Duy Dong.

Therefore, the Government has implemented many drastic solutions, with a conference on promoting public investment disbursement held at the beginning of the year, he noted.

It is necessary to continue effectively operating the Government's six working groups to accelerate the disbursement; to well prepare for projects involved; and to tackle obstacles facing ODA projects, he said.

According to the ministry, by the end of February 17, over 117.3 trillion VND of state budget capital – equaling 15.8% of the plan assigned by the Prime Minister – had been yet to be allocated to specific tasks and projects by ministries, central public agencies, and localities.

Investment attraction in first two months to Bac Giang up 2.7 times

(BGO) – Bac Giang province attracted 830.6 million USD of investment capital in the first two months of 2023, making 2.7 fold increase year on year.

Government targets 95% public investment disbursement in 2023

At least 95% of the public investment budget, or VND676 trillion ($28.47 billion), must be disbursed this year to speed up growth, Prime Minister Pham Minh Chinh said Tuesday.

Enterprises accelerate investment to anticipate new opportunities

As 2023 is forecast to be a difficult year driven by increasing inflation and economic recession at the global level, enterprises in Vietnam have actively built scenarios to adapt to market recovery and anticipate new business opportunities.

Vietnam’s overseas investment reaches nearly 534 million USD

Vietnam's total investment capital abroad reached nearly 534 million USD in 2022. The figure included nearly 426.6 million USD in the newly registered capital.

More breakthrough in investment attraction

(BGO) – Bac Giang has lured positive result in investment attraction since early this year with more registered capital than the previous year. The prosperous signal inspired the province to another year with many big groups and enterprises for project execution.

Source: VNA