Vietnam Disburses VND141.6T State Funds in 2010: GSO
Vietnam is estimated to have disbursed VND141.6 trillion ($7.26 billion) worth of state funds in 2010, surpassing 10.4% of the full-year target and accounting for 17.1% of the country’s total investment, the government’s General Statistics Office (GSO) said.
The Ministry of Transport took the lead in terms of the disbursement with VND8.16 trillion, followed by the Ministry of Agriculture and Rural Development with VND5.08 trillion and the Ministry of Industry and Trade with VND3.6 trillion.
Among cities and provinces, Ho Chi Minh City topped the disbursement list with VND15.3 trillion during the year, followed by Hanoi with VND12.8 trillion and the central city of Danang with VND4.7 trillion.
Vietnam will need total investments of VND6,340 trillion for economic development projects in 2011-2015 period, up 1.9 folds in comparison with the sum for 2006-2010. (GSO)
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