Domestic investment

The Government Office on July 9 issued an official dispatch on Prime Minister Pham Minh Chinh’s directions requiring the acceleration of public investment disbursement for 2024.

(VEN) - Although public investment disbursement usually increases sharply during the yearend period, according to experts and management staff, fulfilling the 2023 target has become a challenging task, as there is only one month left, while 35 percent of the allocated capital remains undisbursed. Duong Ba Duc, Director of the Ministry of Finance’s Department of Investment, spoke with Vietnam Economic News’ Ngan Thuong about solutions to promote the disbursement of public investment capital.

(VEN) - According to the World Bank (WB), effective implementation of support programs and major public investment projects is the key to growth in the short and long term.

(VEN) - A Purchasing Managers Index (PMI) report by S&P Global shows that the Vietnamese manufacturing sector’s PMI reached only 46.2 points in June, up 0.9 point from May but remaining below the 50-point level for the fourth month in a row. This shows that the industry’s health continued to decline.