The vision was outlined by the Ministry of Planning and Investment (MPI) on August 26 at an online conference on socio-economic developmental planning and public investment for the 2021-2025 period and for 2021 in the Red River Delta region and the Northern midland and mountainous region.

Minister of Planning and Investment Nguyen Chi Dung speaks at the conference.

Accordingly, the MPI proposed relevant localities issue specific plans and solutions to remove difficulties and problems in compensation, site clearance, bidding, and speed up the construction progress of projects.

A disbursement plan for each investor should be issued while investors are requested to commit to the disbursement schedule for each project. In a case where disbursement fails to meet the schedule as committed to, capital may be transferred to projects with a good disbursement record.

Local authorities are also responsible for monitoring the implementation progress of each project, making disbursement plans and promptly removing difficulties for each project.

The investment plan of State budget and supplemental capital in 2020 should be proactively reviewed and adjusted in order to speed up the implementation process, and complete and put projects into use in a timely manner.

Organisations, individuals, leaders, cadres and civil servants who violate the law, cause difficulties or slow down the delivery, implementation and disbursement progress of public investment plans must be strictly and promptly dealt with.

Luc Ngan prioritises investment in transport - urban infrastructure, raising value of key fruit areas

(BGO) - After the 5-year implementation of the Resolution of the 24th district Party Congress for the 2015-2020 tenure, despite numerous difficulties, with high determination, solidarity and creativity, the Party Organisation, authorities and people of ethnic groups in Luc Ngan district have achieved comprehensive results in all areas, basically meeting and surpasing the targets set by the Congress.

Investment attraction to Bac Giang increases 36.1 percent in first 7 months

(BGO) – Bac Giang province has attracted total investment of 232 million USD in July 2020, doubling the figure at the same period last year. In accumulation, the province has lured 896 million USD for 7 months, making up 36.1 percent year on year increase.

PM sets up inspection teams to expedite public investment

Prime Minister Nguyen Xuan Phuc has established seven inspection teams who will work with provincial authorities and ministries to seek methods to accelerate public investment as the rate of disbursement has lagged behind the schedule for 2020.

Vietnam's overseas investments see H1 surge

The value of overseas investments by Vietnamese enterprises reached $222.67 million in the first six months of this year, up 11.4 percent year-on-year.

Bac Giang draws investment capital of over 668 million USD in 5 months

(BGO) – Bac Giang province has licensed and adjusted 87 projects for the first 5 months in 2020 with total newly registered and added capital of 668.3 million USD, accounting for 89 percent comparing to the same period last year.

Source: NDO