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Update news public investment
VietNamNet Bridge – Local authorities and ministries are drawing up large public investment projects, even though the state budget remains modest.
VietNamNet Bridge – Encouraging rational decision-making is a strong feature of the 2014 Law on Public Investment, Dao Quang Thu, Deputy Minister of Planning and Investment, tells the Viet Nam & World Economic Affairs newspaper.
Binh Dinh approves refinery plan; Economy struggles to cope with bad debt, slow growth; Domestic apparel sales predicted to rise 10-15%; Auto market growth seen unsustainable; Ho Chi Minh City sees significant economic recovery
VietNamNet Bridge – Drastic measures should be taken by ministries, agencies and provinces to meet the 5.8 per cent GDP growth target this year.
Fort Hood Col. Viet Xuan Luong became the first Vietnamese American to be made a general in US history in an August 6 ceremony at Cooper Field at Fort Hood, attracting Austin police and members of the local Vietnamese community.
VietNamNet Bridge – Nguyen Quang Thai, a professor at the Viet Nam Economics Science Association, told newspaper Dai doan ket (Great National Unity) about the progress made towards restructuring public investment.
VietNamNet Bridge – Prime Minister Nguyen Tan Dung asked ministries and localities to continue the comprehensive and effective implementation of socio-economic development tasks at a Government meeting in Ha Noi yesterday, April1.
Danang inks Thai agreement; FTA promotes Vietnam-Chile agricultural trade; Toshiba eyes Vietnam’s smart grid investment; Da Nang attracts US$295 million in FDI; VNDirect joins hands with Singapore firm
VietNamNet Bridge – A new draft law hopes to stringently control state-funded projects through stiff regulations, in an effort to battle corruption and waste.
VietNamNet Bridge – Lawmakers have agreed to issue the Law on Public Investment to improve the efficiency of public investment in line with the country's socio-economic development plan, while also meeting the demand for economic restructuring.
VietNamNet Bridge – Under great pressure to realize the economic growth target, the Government and localities are seeking ways to spur investment demand and unblock the capital flow. A measure tabled now is to bolster public investment.
VietNamNet Bridge – The Government should boost public investment via government bond issuance to the major projects currently in financial distress, all for the sake of economic growth,
VietNamNet Bridge – The recent moves by commercial banks of lending more capital to estate projects have brought high hopes to investors. However, analysts say the “exit door” remains too narrow for them.
Formosa Plastics has just started the construction of the first blast furnace of the steel mill in Vung Ang economic zone. However, industry experts say they feel worry instead of joy about the project which may bring unforeseen consequences.
The goal of building an e-government may be unattainable due to the lack of money, labor force and other problems.