The Planning and Investment Department revealed that over VNĐ6.77 trillion has been allocated to the North-South Expressway project, equivalent to some 65% of the ministry’s total disbursement.
President Nguyen Xuan Phuc has urged the suburban districts of Cu Chi and Hoc Mon in HCM City to review all public investment projects, especially their feasibility, and improve the business climate to attract investment.
Minister of Planning and Investment Nguyen Chi Dung asked localities to clarify their objectives and the priority of public investment projects for 2021-25, to ensure focused investment.
Ha Noi expects to attract total investment of US$38.3 million in industrial and export processing zones in the first half of this year, equivalent to 64 per cent of the figure in the same period last year.
The Binh Thuan Province People’s Committee has asked departments and districts to work with investors to hasten the progress of projects that received in-principle licences or signed memorandums of understanding with the province last year.
The central province of Thua Thien - Hue aims to attract 10 domestic and foreign investment projects with total registered capital of VND8 trillion (US$343 million) to its economic zones (EZs) and industrial zones (IZs) in 2020.
Yen Bai is home to more than 2,140 enterprises, creating 38,000 local jobs. Last year, the firms contributed VND1.17 trillion ($50.3 million) to the local budget, accounting for 54 per cent of the province’s revenue.
Chairman of the provincial People’s Committee Nguyễn Tiến Hải urged businesses to foster co-operation and comply with their commitments in ensuring environmental protection and speeding up the implementation of their projects.
More than per 76 per cent of current investment projects following public private partnerships (PPP) are in the field of transport infrastructure, but investors still feel insecure.
Viet Nam is an attractive market for investment, Dr Võ Trí Thanh, former deputy director of Central Economic Management and Research Institute told a conference in HCM City on Tuesday.