Want to be in the loop?
subscribe to
our notification
Business News
FIVE-MONTH PUBLIC INVESTMENT DISBURSEMENT REACHES NEARLY 27 PER CENT OF TARGET
The disbursement of public investment from the State budget in the first five months of this year was estimated to reach VNĐ190.6 trillion (US$7.44 billion), equal to 26.6 per cent of the yearly target and 5 per cent higher than the same period last year, according to the General Statistics Office (GSO).
Of the sum, investment managed by the government was estimated at VNĐ32.5 trillion, equivalent to 29.3 per cent of the yearly plan, a year-on-year decrease of 2.6 per cent. Some ministries posted estimated disbursement rates lower than those recorded last year, namely the Ministry of Natural Resources and Environment (down 34.8 per cent), the Ministry of Transport (down 19.1 per cent), the Ministry of Health (down 1.5 per cent) and the Ministry of Education and Training (down 1.1 per cent).
The GSO also said that implemented investment capital managed by localities was estimated at VNĐ158.1 trillion, equal to 26.1 per cent of the yearly plan and up 6.7 per cent over the same period last year.
In May alone, VNĐ48.2 trillion in public investment capital from the State budget was disbursed, a year-on-year increase of 3.1 per cent.
To promote the disbursement of public investment capital, the Ministry of Planning and Investment (MPI) suggested the Government to direct ministries, agencies and localities to proactively and drastically implement tasks and solutions set out in Resolutions of the National Assembly and the Government, especially the Prime Minister's directives on the acceleration of public investment disbursement.
Minister of Planning and Investment Nguyễn Chí Dũng urged ministries, sectors and localities to promptly handle difficulties to speed up the disbursement rate.
It is necessary to proactively review the disbursement capacity of each project to have adjustment plans from projects with slow disbursement to outstanding ones which need additional capital, he said.
According to the MPI, by the end of May, ministries, agencies and localities had allocated VNĐ634.6 trillion for projects, reaching 95.6 per cent of the plan assigned by the Prime Minister.
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
HR / LABOUR/ EMPLOYMENT
VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS
Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
HOSPITALITY / TOURISM / ENTERTAINMENT
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
BANKING / FINANCE / INSURANCE / TAX
US$250-MILLION DEAL ADVANCES VIETNAM’S GREEN CREDIT PUSH
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.
Events Sponsors
