Vietnam’s Public Investment Estimated at VND156 Trillion in First Half

9:45:26 AM | 8/7/2020

Vietnam’s public investment disbursement in the first half of 2020 was estimated at VND156 trillion (US$6.7 billion), according to the Ministry of Planning and Investment (MPI).

The figure is equivalent to 33.1% of the target set by the National Assembly, higher than the 28.56% recorded during the same period in 2019.

The MPI said that disbursement of domestic capital was estimated at VND142 trillion (US$6.1 billion), while foreign capital disbursement is at VND5.7 trillion (US$250,000).

Disbursed capital from national target programs reached VND7.5 trillion (US$324,000).

Four ministries and six provincial governments reported disbursement rates of over 50% while ten ministries have spent less than 5% of the capital allocated to them.

Source: NDO