VOV.VN - The northern province of bac Ninh has secured more than US$856 million in additional investment capital, underlining its strong commitment to improving the local investment climate and supporting business growth.
Deputy Prime Minister Tran Hong Ha urged ministries, sectors, and localities to identify and resolve bottlenecks hindering the disbursement of public investment capital while presiding over a meeting of the Prime Minister’s task force No.2 on the work in Hanoi on May 7.
Nam Tien Craft Village Industrial Cluster in Hanoi’s outlying district of Phu Xuyen will be built with a total investment capital of VND623 billion (about US$254 million), according to the municipal People’s Committee.
The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.
The total social investment capital disbursed during January – September rose 6.8% to some VND2.42 quadrillion (US$97.2 billion) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).
This year’s total registered foreign investment, including new capital, adjustments, and capital contributions via share purchases, exceeded US$24.78 billion as of September 30, up 11.6% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The Ministry of Transport (MoT) is planning to upgrade and expand Con Dao airport so it can land bigger planes.
VOV.VN - Prime Minister Pham Minh Chinh underlined the need to clarify causes and bottlenecks leading to the slow disbursement of investment capital while chairing a conference aimed at promoting public investment in 2024 held on July 16 in Hanoi.
The disbursement of public investment from the State budget in the first five months of this year was estimated to reach VND190.6 trillion (US$7.44 billion), equal to 26.6% of the yearly target and 5% higher than the same period last year, according to the General Statistics Office (GSO).
Ho Chi Minh City attracted US$176.71 million in investment capital into the city's export processing and industrial zones in the first two months of 2024, equivalent to 32.13% of the target set for the whole year.